The insurance industry is continuing to voice opposition to legislation setting a framework to handle asbestos injury claims that is set to move to the Senate floor in February.
Meanwhile, Senate Majority Leader Bill Frist (R-Tenn.) blocked an attempt to delay the bill made by Minority Leader Sen. Harry Reid (D-Nev.) and told him that it will come to the floor as scheduled.
The insurance industry continues to work against the bill, arguing that it allows significant "leakage" of cases back into the courts from what is supposed to be an exclusive system established by the bill for resolving asbestos claims backed by a $140 billion fund.
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