Asbestos transparency bill could slow comp for victims
U.S. Chamber: It will deter fraudulent claims
A measure currently being considered by lawmakers is coming under fire by occupational safety and health advocates who say that it would delay compensation for people suffering from mesothelioma and require victims to disclose personal information – such as social security numbers – thus making them vulnerable to identify theft.
The Furthering Asbestos Claim Transparency Act (FACT Act) (H.R. 526), which is expected to pass easily in the U.S. House of Representatives, would require asbestos bankruptcy trusts to respond to any and all corporate defendants’ information requests, which would slow -- or effectively stop – compensation for victims of asbestos-related diseases.