MetLife Inc. joins a number of other insurance companies that have noticed an increase in mesothelioma and asbestos-related claims in 2011, a sign that asbestos lawsuits continue to be an aggressive and effective means to fight a company that has exposed its workers to the deadly fibers.
According to Reuters, MetLife Inc. reported this week that it had received 2,306 asbestos-related claims during the first half of 2011. That figure is an 11 percent increase over the 2,076 claims it had received on the same type of claims mid-way through 2010.
The increase signals a change in pace regarding mesothelioma claims, as the insurer had seen a steady decline in claims from 2003-2010. However, MetLife’s data falls in line with American International Group Inc. and Hartford Financial Services, both of which have also seen an uptick in mesothelioma claims this year.
A.M. Best, a ratings agency, has said that there there could be as much as $75 billion in asbestos claims this year alone.
Mesothelioma and asbestosis are both deadly illnesses that are caused primarily by prolonged exposure to asbestos fibers. If you were exposed to asbestos while working for a company and have since developed one of these illnesses, it may be worth pursuing a mesothelioma lawsuit that could potentially result in a substantial asbestos settlement.
If you think that a mesothelioma attorney could help prove your illness was caused by a specific entity’s negligence, please contact Sokolove Law for a free legal consultation.