Insurance firm welcomes 'clarity' over asbestos ruling
Municipal Mutual Insurance is one of four insurance firms involved in the asbestos legal action. In a statement it said:
Whilst the ruling does not reflect MMI's favoured outcome, we welcome the clarity this judgment brings as it enables MMI to determine the extent of its liabilities... It should be noted that MMI has continued to compensate local authority employers for mesothelioma claims, despite not being obliged to pay out claims until the outcome of the case was known.