We have previously reported here, on the Employers’ Liability Insurance Bureau Bill, which is currently subject to scrutiny in the UK Parliament. The Bill seeks to establish a ‘fund of last resort’, to be used in instances where an employer is insolvent or does not hold insurance compulsory under the Employer’s Liability (Compulsory Insurance) Act 1969. This is seen to be a particular problem in claims relating to asbestos.
The Bill received its first reading in the House of Commons on 6 January 2010. Although scheduled for a second reading in February this year, further parliamentary action has been postponed until 23 April 2010.
