Insurers, Agents Bask In Class-Action VictoryIndustry sets sights on reform bills for asbestos andmedical malpractice claims

Washington

The insurance industry raved about the class-action reformmeasure signed into law by President George W. Bush after aneight-year battle for passage, with the American InsuranceAssociation declaring that the real winners are “all businessesheld hostage by frivolous lawsuits.”

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