Senate Eyes Funding Of Asbestos Bill

Washington–The Senate Judiciary Committee will hold a hearing Thursday on whether the funding projections for the asbestos legislation it sent to the floor earlier this year are adequate to cover claims.

No witness list was announced, but insurance industry officials who asked not to be named said the hearing is being convened by Sen. Arlen Specter, R-Pa., chairman, in order to ensure that the issue remains in the public eye.

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
NOT FOR REPRINT

© 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.