One insurance-company executive estimated that loss and loss-adjustment expenses for asbestos claims filed as of February, 1981, would be close to a billion three hundred and fifty million dollars, compared with premiums of six billion three hundred million dollars that had been collected in 1980 for all liability coverage except medical malpractice
But this will perhaps not appeal to the common people
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Philadelphia teachers union President Jerry Jordan called the passage a huge victory. Helen Gym, leader of Parents United for Public Education, praised the measure as a unified victory for Philadelphia schools, but said, we have serious concerns about last minute amendments which may have been inserted into HB1177, the language of which have never been reviewed by the public. The school district did not reply to a request for comment
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