Zurich sold liability on asbestos claims instead of settling, workers say | Secondary Sources | Westlaw

Zurich sold liability on asbestos claims instead of settling, workers say | Secondary Sources | Westlaw

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Zurich sold liability on asbestos claims instead of settling, workers say

2022 INSDBREF 0166By Thomas ParryWESTLAW Insurance Daily Briefing (Approx. 2 pages)

Zurich sold liability on asbestos claims instead of settling, workers say

2022 INSDBREF 0166By Thomas ParryWESTLAW Insurance Daily Briefing (Approx. 2 pages)

Zurich sold liability on asbestos claims instead of settling, workers say

(March 24, 2022) - A group of former mill workers says that Zurich American Insurance Co. violated its duty to settle asbestos-disease claims by selling the liability on those claims as a speculative financial product.