Insurance actuaries have been warned by a litigation expert thatbenzene could become a major new cause for toxic health injurylawsuits.
The remarks of Daniel Bodell, partner, Gordon & Rees, werereported by the Casualty Actuarial Society, which held a recentCasualty Loss Reserve Seminar in San Diego, where Mr. Bodell spoke.CAS sponsored the session with American Academy of Actuaries.
Actuaries were advised during a panel session that they need toclosely monitor emerging mass tort claims related to benzene aswell as lead paint, and welding rods, even though significant legalhurdles in these cases remain.
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