Washington–Prospects for passage of legislation this yearcreating a trust fund for handling of asbestos injury claims greweven dimmer last week, Capitol sources said.
Lobbyists and congressional staff said that negotiations aimedat creating an asbestos injury medical criteria bill seen as thebest alternative to the trust fund are also stalled.
Regarding floor action, lobbyists representing insuranceinterests said Sen. Mitch McConnell, R-Ken., Senate majority whip,several weeks ago privately outlined to them criteria for puttingthe trust fund bill on the Senate floor that they judged to beunrealistic.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
