Tuesday, May 22, 2018

Renovators drive new wave of James Hardie asbestos claims

Asbestos-related cancer claims against building-materials giant James Hardie have quashed assumptions that the flow of compensation cases would begin abating after hitting a "peak" last year. James Hardie has unexpectedly faced a sustained increase in compensation claims from victims of the fatal asbestos-causer cancer, mesothelioma, prompting its actuaries to lift its liabilities by 12 per cent to $195 million.

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