The maritime insurance coverage lawyers of Pillsbury & Levison, LLP have established something outstanding. They were given the right of maritime companies to collect "all sums" from any of the insurances the firm was insured by during the time of exposure to asbestos.
That might sound a little complicated, but as a matter of fact, it is really straight forward. If your maritime firm is involved in any litigation related to asbestos, and in case you are facing any difficulties in collecting your benefits under your former or current policy, you may want to contact the maritime attorney group of Pillsbury & Levinson, LLP immediately.
Mesothelioma is a fatal disease which is practically solely linked to one cause, and that is the exposure to asbestos. Shipping companies and maritime businesses have shifted into the focus of litigations on behalf of victims who were diagnosed with this health condition.
Between the 1950s and the 1990s, the majority of boats and ships built contained asbestos and therefore, not only the workers who were actually involved in the building process, but also those who had been working aboard of a running ship, were likely exposed to this hazardous material. Mesothelioma is known for its long latency period. It may take up to several decades until a victim exhibits the first symptoms. Numerous insurance companies might have insured maritime companies in that period of time.
Because of the way the policies were phrased, insurance companies did insist that they were only responsible compensating a maritime company for a fraction of the actual verdict or before trial settlement.
That put policyholders into a position where they had to painstakingly and costly try to collect benefits from different insurance providers.
The maritime mesothelioma lawyers of Pillsbury & Levinson, LLP thoroughly reviewed the terms of protection and indemnity policies from back then and made a remarkable discovery; the language in the documents clearly stated that policyholders were entitled to recover all sums they pay out in liability claims.
In other words: let's assume that the asbestos exposure occurred 30 years ago. And each year, the maritime business was insured by another insurance company. Now the insurance companies argued that each of them could only be held responsible for 1/30th of a court verdict or settlement.
But amazingly Pillsbury & Levinson, LLP was able to prove that ANY of the 30 insurance companies could be charged and forced to pay all sums, which means the total amount of the court order or settlement.
