In Wake of Bankruptcies, CCR Reveals New Approach to Claims Processing

icCendiciting the changing landscape of the asbestos litigation arena, the Center for Claims Resolution has officially announced what its new Chief Executive Officer hinted at several months ago.

photo-3As of February, the corporation that has negotiated hundreds of millions of dollars worth of asbestos personal injury settlements for its members over the past 12 years is changing the way it does business.

No longer will its members share settlement costs, nor will it routinely settle cases as a group, the CCR said in a statement issued Feb. 9. Instead, it will offer its services to settle cases for companies on …