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22 June 2016
Mary Elizabeth C. Stern and Lucy P. Allen
In an annual review of recent trends in filings and settlements in asbestos litigation, NERA Director Mary Elizabeth C. Stern and Managing Director Lucy P. Allen use publicly available data to analyze trends in asbestos-related liabilities for more than 150 companies. Incorporating the 2015 data, the authors observed that:
These trends point to continued stability in the asbestos litigation environment, with filings, total indemnity spending, and reserves remaining steady. Against a backdrop of relative stability, however, is some uncertainty around future valuations. Read this year’s report to learn more about our findings and analysis.