Mesothelioma Settlement Amounts

It is important to briefly mention that mesothelioma is a statistically rare form of cancer caused by persistent exposure to asbestos. They are cataloged as a fiber used in automotive repairs, shipbuilding and the construction industry. As you may already know, Mesothelioma settlements are, statistically speaking the result most often found when you present a claim of that type. The amounts vary in accord to many factors and I will mention the most important ones next:


- Lost wages.
- Financial costs of medical expenses.
- Mental and physical distress.
- Accumulated bills of different types.
- The claimant’s case strength.

The aforementioned facts are based on statistical research about Mesothelioma Settlements, which are usually private but sometimes this data is shown to the public eye by socially responsible media and transparency advocates. The financial results of thesesettlements range from a few thousand dollars to many millions of dollars since each case is considered as unique.

The victims often develop the disease many decades after their exposure which is why many Mesothelioma settlements are not reached due to premature death and the lack of knowledge of those affected by this particular form of cancer. Many companies neglect the health of their workers in spite of asbestos regulation since the 1970’s which is why they must pay, as stipulated by law, the financial compensation the affected individuals need to deal with the suffering and pain provoked by this premature form of cancer.

Due to this information and facts a new question arises: who is liable for the damaging effects of careless health measures when it comes to handling asbestos? There are many possibilities and I’ll present a list including the most common scenarios:

- Insurance companies.
- Asbestos manufacturers.
- Asbestos companies with installation functions.
- Asbestos victim’s trust funds assuming liability for a particular company’s wrongdoings.

As you can see, there are many elements involved in Mesothelioma Settlements and a careful analysis of a particular situation is the best way to assure justice prevails.






It's virtually impossible to predict how much money will be involved in the settlement of amesothelioma claim without knowing specific details of the claim and the medical history of the plaintiff. But history has shown that an overwhelming majority of the cases never reach the courtroom. Cases usually end in a settlement.

Settlement amounts are often tied to the cost of medical expenses, lost wages, physical and mental distress and bills that accumulate from moving forward with an asbestos-related illness. Of course, they're also linked to the strength of a plaintiff's case, which brings into play the disease diagnosis, the health condition of the plaintiff (or loved one) and the degree of perceived liability on the part of the defendant(s).



For example:
A Buchanan County (Missouri) Circuit Court Judge approved a settlement in 2011 worth $10 million to Nancy Lopez, a Jackson County courthouse employee, who was exposed to the asbestos during a renovation project done by U.S. Engineering Company.
A Montana judge in 2011 approved a $43 million settlement in Libby, Montana. But because the settlement covered more than 1,300 miners and their families, individualsettlements ranged from only $500 to $61,000.
The family of a New Jersey construction worker received a $2.1 million settlement after he died of mesothelioma, but a Navy veteran received settlements totally $461,000 after he developed asbestos-related lung cancer.
A boilermaker in New York received a $3.7 million settlement after developing lung cancer from asbestos exposure, while a building maintenance worker received a $2 millionsettlement after developing mesothelioma.

Exact settlement figures are usually considered private and claimants are often bound by a confidentially agreement, although from time to time settlement amounts to reach the public eye. Those amounts can range from a few thousand dollars to millions of dollars.

According to a recent Mealey's Litigation Report, the average mesothelioma trial award is an estimated $2.4 million. The average mesothelioma settlement is between $1 million and $1.4 million and typically is paid from multiple defendants. Some are considerably higher, others significantly lower. No two cases are alike.



Here are 10 other publicized settlements in mesothelioma cases:
A Pearl Harbor shipyard worker who developed mesothelioma from asbestos exposure received a $9.8 million settlement.
A construction worker who died in his 40's from asbestos exposure received a $9.1 millionsettlement.
A Navy veteran who developed mesothelioma received a $5.8 million settlement.
A 72-year-old Navy veteran received a $4 million settlement after being diagnosed withmesothelioma.
A retired New York boilermaker received a $3,797,083 settlement after forming lung cancer from asbestos exposure.
A building maintenance worker received a $2 million settlement after developingmesothelioma.
A Navy submarine worker who developed mesothelioma received a $1.7 millionsettlement.
The widow of a Navy veteran who developed mesothelioma received a $1.3 millionsettlement.
A New Jersey construction worker received a $2.1 million settlement after dying ofmesothelioma.
A Navy veteran received settlements totaling $461,000 after developing asbestos-related lung cancer.