The insurers' first attempt to deny asbestos victims compensation has failed. A High Court judgment said that insurers of companies during the period when exposure to asbestos occurred are responsible for paying compensation - not insurers of companies during the period when an asbestos disease develops many years later. This judgment simply confirms what has been the practice for many years. If the judge had ruled otherwise, hardly any asbestos victims would receive compensation because most companies who expose people to asbestos have ceased trading and there simply will be no insurer to claim against. However, this decision will be appealed so hundreds of cases will continue to be delayed pending a final decision..
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To read the judgement at
http://www.bailii.org/ew/cases/EWHC/QB/2008/2692.html
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