World Insurance Report
Liability, awards and settlements
22.11, asbestos settlement
US: West Virginia University has reached a settlement in a class-action lawsuit affecting up to 5,600 former and current employees
who may have been exposed to asbestos. As part of the proposed settlement, WVU will institute and pay for a medical surveillance
program to be conducted for 20 years. WVU also agreed to pay $1mn to cover potential claims and attorney fees. A judge must
approve the agreement before it becomes final. A hearing is scheduled for Dec 22. University employees sued in 2000 and sought
medical monitoring for potential asbestos-related health problems as a result of working in university buildings containing
asbestos insulation. The workers, including professors, custodians, secretaries and other staff, alleged that asbestos in
campus buildings put them at an increased risk of cancer. The university said in a statement that the agreement had been reached
in the “spirit of compromise.” WVU maintains that all standard, recognised practices for asbestos removal have been followed
over the years, and that the general population of employees, through routine monitoring of buildings and air samplings, remain
safe from any harmful effects of asbestos-containing materials.