Friday, July 11, 2014

‘Behind closed doors’ deal between govt and insurance industry comes to light


Mesothelioma sufferers and their families must come before the profits of insurers

Asbestos ncrj

In a move which flies in the face of democratic politics, the Tory- led government has struck a ‘behind closed doors’ deal with the insurance industry – one which, if implemented, would boost the profits of the multimillion pound insurance industry at the expense of people dying from the fatal asbestos disease, mesothelioma. [...]

The extraordinary confidential document is now published on the Parliament website, against the wishes of the insurance industry body, the Association of British Insurers (ABI), who fought and failed to block its public disclosure. [...]

The document lays out the details of an ‘indivisible package’ in which the insurance industry’s main delivery is of funding for the Mesothelioma Act 2014, and in return the government undertakes to deliver various reforms including the review of removing the mesothelioma claims exemption under the LASPO Act.
Lifting the mesothelioma exemption will bring considerable savings to the insurance industry at significant cost to mesothelioma claimants.

That one part of the financial services industry can, through its huge lobbying resources and the power of its political donations, influence government policy to the detriment of some of the most vulnerable people in society is chilling.

Aside from its implications for dying mesothelioma sufferers and their families, this deal raises serious questions about ...

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