Despite how long and large the asbestos litigation business has loomed, the total population of asbestos personal injury claims has been an enigma. That’s because there is no national registry for such claims.
However, KCIC processes thousands of asbestos complaints each year. As a result, we have something unique at our fingertips: a database that comprises, by our estimate, at least 90 percent of the total asbestos filings in the U.S. That’s certainly enough to provide a snapshot of the state of the industry today.
With 2015 behind us, we crunched our data for last year and compared those figures to 2014. The findings, along with our analysis, can all be found in our newly released report “Asbestos Litigation: 2015 Year in Review”, which you can download here.
While we pull this kind of analysis together on a regular basis for our clients, aggregating it across the industry is something we have only recently begun to do. If we had known just how illuminating industry participants would find it, we would have started sooner! We hope you find the report interesting.
Never miss a post. Get Risky Business tips and insights delivered right to your inbox.
Mesothelioma can be caused by genetic factors, specifically the presence of the BAP1 gene. If a claimant has perito… https://t.co/jYePZegmku
The drug and medical device industry has seen an explosion of innovation, but new issues and liabilities are surfac… https://t.co/ItWPJ5sKK5
The Ligado Platform is the answer for companies that have high-stakes, high-value, high-volume claims or cases in t… https://t.co/9Oy4e0ZOiJ
You can access our Bankruptcy Evidence Verification (BEV) tool in two ways. See how and why it's beneficial in the… https://t.co/CktuXOeFa8
The Ligado Platform is the answer for companies that have high-stakes, high-value, high-volume claims or cases in t… https://t.co/TCy0BFBSbo
KCIC's core values are the heart of our company's identity. One of the values is Achievement with Flexibility. Lear… https://t.co/5CZ5XiemfV
Solvency II is affecting run-off insurers' finances. See how and why it will continue to put pressure on insurance… https://t.co/7Olav8Bsov
In one week, we're packing our boots and heading to Austin, TX for the DRI Asbestos Medicine Conference. Each year… https://t.co/F4aaFCtfX9
The drug and medical device industry has seen an explosion of innovation, but new issues and liabilities are surfac… https://t.co/59bBkxwjuo
Jonathan Terrell is the Founder and President of KCIC. He has more than 30 years of international financial services experience with a multi-disciplinary background in accounting, finance and insurance. Prior to founding KCIC in 2002, he worked at Zurich Financial Services, JP Morgan, and PriceWaterhouseCoopers.Learn More About Jonathan