Mesothelioma is almost always caused by exposure to asbestos. Because many employers and manufacturers knew about the risks associated with asbestos exposure and chose not to protect or warn others, most mesothelioma victims are entitled to some sort of compensation for their injuries. Usually, mesothelioma compensation is obtained through a mesothelioma lawsuit with a lawyer’s help.
To date, victims of asbestos exposure have received compensation equaling more than $70 billion. This compensation came from more than 8,400 businesses and was the result of more than 730,000 mesothelioma lawsuits. A large portion of the compensation was paid by insurance companies and was either given as part of a settlement agreement or trial verdict. Because mesothelioma cases continue to be diagnosed, much more compensation is expected to be paid out in the future.
Examples of Mesothelioma Compensation
There is no set amount of compensation that each mesothelioma victim is paid. The amount of compensation each mesothelioma victim receives depends on many factors, including:
- the victim’s injuries
- where the asbestos exposure took place
- the defendant’s ability to pay
For example, in 2007, a $3.6 million compensation settlement was reached during a mesothelioma trial, just one day before a jury verdict would have been reached. The lawsuit was filed on behalf of Martin Lujan, an 81 year old man from the San Francisco area. During the trial, it was revealed that Mr. Lujan had been exposed to asbestos while working as a carpenter and construction worker. This asbestos exposure, which came from several companies’ joint compounds, caused Mr. Lujan to develop mesothelioma.
In a 2002 settlement agreement, Gencor, the second largest asbestos mining company in South Africa, agreed to pay $460 million in compensation to South African miners. The compensation money was put into a relief fund for mesothelioma victims and will be distributed based on need. Although Gencor did not admit liability, evidence suggested that the company permitted its workers to be exposed to blue asbestos, which is the deadliest form of asbestos.
For more information on how you can collect compensation for your mesothelioma-related injuries, contact our experienced attorneys today.