New Report On Insurance Companies That Delay Payments In Asbestos Suits, And What This Has To Do With The Furthering Asbestos Claim Transparency (FACT) Act

An October 2013 Scripps News article, “Berkshire Hathaway subsidiaries deny, delay asbestos, hazard claims, suits, insiders allege”, by investigative reporter Mark Greenblatt, revealed this disturbing news about how some insurance companies have intentionally delayed or denied insurance claims for victims of asbestos exposure:

Scripps interviewed over 20 sources –- some confidential –reviewed dozens of lawsuits and spoke with former insiders, who all allege that Berkshire-owned companies that handle its asbestos and pollution policies — National Indemnity Co. and Resolute Management Inc. — wrongfully delay or deny compensation to cancer victims and others to boost Berkshire’s profits. In multiple cases, courts and arbitrators have ruled that the Berkshire subsidiaries’ tactics have been in “bad faith” or intentional.

Likewise the Furthering Asbestos Claim Transparency (FACT) Act, is pending legislation that would make it more difficult for asbestos victims to receive a “day in court” and receive the legal compensation they deserve for their mesothelioma or asbestos-related cancer claim. Essentially, the FACT Act (H.R. 982) would both violate asbestos victims’ privacy and allow asbestos corporations to delay justice until asbestos victims die.

Here is an article I wrote earlier this year about this pending legislation:  “Protect Asbestos Victims: Reasons To Oppose H.R. 982, the Furthering Asbestos Claim Transparency (FACT) Act of 2013”

Please take a few minutes to contact your member of Congress and tell them to vote “No” on the Furthering Asbestos Claim Transparency Act (H.R. 982).


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