{"isDouble":false,"_id":"d25b5f68-9a85-4206-907d-230cd6aec532","title":"Number of Asbestos Filings in U.S., 2014-2023","slug":{"current":"number-of-asbestos-claims","_type":"slug"},"_rev":"vh71HTSqAO9rvEmeFeyOHq","isStacked":false,"_createdAt":"2024-05-08T13:35:30Z","_updatedAt":"2024-05-10T11:36:49Z","isVertical":false,"_type":"chart","axisName":"Year","data":[{"name":"Filings","theme":"blue","_key":"17b5731f510b","type":"line","dataset":{"rows":[{"cells":["'14","5345\r"],"_type":"tableRow","_key":"610691f1-3731-451f-a365-5dd78dcdcdcd"},{"_type":"tableRow","_key":"521adc21-fdbd-4d30-9697-af351891d7b3","cells":["'15","5252\r"]},{"cells":["'16","4783\r"],"_type":"tableRow","_key":"9064060b-a4c8-4da9-8c1a-e1dcbe6fdac5"},{"cells":["'17","4459\r"],"_type":"tableRow","_key":"46df09cb-1738-43f5-86a0-e63d10787767"},{"cells":["'18","4140\r"],"_type":"tableRow","_key":"1ca3d9d1-5106-43a4-ac03-4ec36d74058a"},{"_key":"0b2f52e4-d91e-4a5f-bce3-5fe85e7be7f3","cells":["'19","4142\r"],"_type":"tableRow"},{"cells":["'20","3778\r"],"_type":"tableRow","_key":"a57d6f8a-5148-492b-9782-da0d4f24493a"},{"cells":["'21","3827\r"],"_type":"tableRow","_key":"56c0a188-7d11-4c7b-8230-bd910bd467b1"},{"cells":["'22","3699\r"],"_type":"tableRow","_key":"1c4d2441-de67-44b6-b487-f222c2a2e954"},{"cells":["'23","3787"],"_type":"tableRow","_key":"9e1c3034-19f8-472e-865c-bb5e557bbb80"}]},"valueType":"absolute","_type":"datasets"}],"article":{"faq":{"heading":"Frequently Asked Questions"},"publishedAt":"2024-03-14T14:11:08.608Z","categories":[{"_key":"44aad037d8ab","_ref":"2f77c3d5-b660-4af5-b129-f570a11f61c8","_type":"reference"}],"_rev":"PaRLc0gTCf2OUpfVXMvJou","mainImageSq":{"_type":"image","alt":"Median Asbestos Award Amounts by Year, 2010-2022","asset":{"_ref":"image-e2e18c87247857fea09671025d469db385c2738a-1080x1080-png","_type":"reference"}},"_createdAt":"2023-12-15T11:09:21Z","mainImage":{"_type":"image","alt":"Median Asbestos Award Amounts by Year, 2010-2022","asset":{"_ref":"image-73dc01e8ae54c09d01c06b40346c857dc13ac013-1280x720-png","_type":"reference"}},"body":[{"children":[{"_type":"span","marks":["strong"],"text":"The Landscape of Asbestos Claims","_key":"d191738c7b490"}],"_type":"block","style":"h2","_key":"73d87fd95a2a","markDefs":[]},{"markDefs":[{"_type":"link","href":"/product-liability/talcum-powder","_key":"aeea980c683c"}],"children":[{"_type":"span","marks":[],"text":"Asbestos claims frequently result from illnesses such as mesothelioma, a severe cancer primarily linked to asbestos exposure. Additionally, these cases often extend to include ","_key":"3cc689b1f3250"},{"_type":"span","marks":["aeea980c683c"],"text":"Talcum Powder Lawsuits","_key":"3cc689b1f3251"},{"_type":"span","marks":[],"text":", where asbestos contamination is alleged in talc based powder products. For those impacted, understanding the average settlement amounts in asbestos claims is crucial.","_key":"3cc689b1f3252"}],"_type":"block","style":"normal","_key":"ac2973d89164"},{"markDefs":[],"children":[{"_type":"span","marks":[],"text":"Fluctuations and Growth in Asbestos Award Amounts","_key":"2b53ab76648b0"}],"_type":"block","style":"h2","_key":"4ac4b9e554c6"},{"children":[{"_type":"span","marks":[],"text":"According to ","_key":"7153dcf4b9d10"},{"_type":"span","marks":["ac9e0ec1fb3d"],"text":"Mealey's Asbestos Litigation Report 2022","_key":"b7734f0ab1e9"},{"text":", between 2010 and 2022, median asbestos award amounts showed notable fluctuations, beginning at $3.2 million and reaching a peak of $7.7 million by 2022. Despite some years seeing declines, the overall trend indicates a significant increase, culminating in a steep rise towards the end of the period. This highlights the evolving landscape of asbestos litigation and compensation.","_key":"8f7c5bca1d7d","_type":"span","marks":[]}],"_type":"block","style":"normal","_key":"8ec49597b7fc","markDefs":[{"_type":"link","href":"https://www.lexislegalnews.com/mealeys/articles/1703496/asbestos-verdicts-settlements-january-2022-december-2022","_key":"ac9e0ec1fb3d"}]},{"children":[{"_type":"span","marks":["strong"],"text":"Average Asbestos Settlement Amounts","_key":"07799e0f80b90"}],"_type":"block","style":"h2","_key":"5b088ad54f92","markDefs":[]},{"style":"normal","_key":"d57b3d64e52d","markDefs":[],"children":[{"_key":"d5263f717c030","_type":"span","marks":[],"text":"The majority of asbestos claims are resolved before reaching trial. The report indicates that the average pre-trial settlement for an asbestos claim, especially those related to mesothelioma, typically ranges between $1 million and $2 million. These settlement amounts are designed to compensate for damages such as medical expenses, lost wages, and pain and suffering."}],"_type":"block"},{"markDefs":[],"children":[{"_type":"span","marks":["strong"],"text":"Gender Trends in Asbestos Litigation","_key":"c8b637ebe0410"}],"_type":"block","style":"h2","_key":"d865ea7365d6"},{"url":"https://www.consumershield.com/chart/number-of-asbestos-claims","_type":"iframe","aspectRatio":"16:9","_key":"77552920de6e"},{"children":[{"text":"Data","_key":"70471cf8a1ba0","_type":"span","marks":["1fefb772bf11"]},{"_type":"span","marks":[],"text":" from 2014 to 2023 demonstrates a significant shift in the gender distribution of asbestos-related filings. Historically dominated by male claimants due to occupational exposure, there has been a noticeable increase in female claimants in recent years. This change is possibly attributed to secondary exposure risks and the use of talc-based feminine hygiene products, which have also been linked to various cancers.","_key":"70471cf8a1ba1"}],"_type":"block","style":"normal","_key":"67eeeb9c4087","markDefs":[{"_key":"1fefb772bf11","_type":"link","href":"https://www.kcic.com/trending/feed/2023-mid-year-asbestos-filings-update/"}]},{"_key":"ec81eb391927","markDefs":[],"children":[{"_type":"span","marks":["strong"],"text":"Looking Ahead","_key":"99724b5ab4010"}],"_type":"block","style":"h2"},{"_key":"9c315bcfece4","markDefs":[],"children":[{"_type":"span","marks":[],"text":"The trends in asbestos litigation, including mesothelioma and talcum powder lawsuits, continue to evolve. As legal strategies and medical understandings develop, so too do the patterns in settlements and verdicts.","_key":"07bb1d4881f30"}],"_type":"block","style":"normal"},{"_type":"block","style":"h2","_key":"104e3aa89dcf","markDefs":[],"children":[{"_type":"span","marks":["strong"],"text":"Conclusion","_key":"be1b81190fb30"}]},{"markDefs":[],"children":[{"_type":"span","marks":[],"text":"Understanding the average settlement for asbestos claims is crucial for those seeking compensation. While pre-trial settlements offer a quicker resolution, trial verdicts might result in higher compensation but with greater risk. Asbestos litigation, including mesothelioma and talcum powder lawsuits, remains a significant legal field, reflecting the evolving awareness of occupational and secondary asbestos exposure risks.","_key":"f28abf09d0ec0"}],"_type":"block","style":"normal","_key":"53a50e3e2e6f"},{"_type":"block","style":"normal","_key":"841ce1210cb6","markDefs":[],"children":[{"_type":"span","marks":[],"text":"","_key":"9bd2a1903a940"}]},{"_key":"de37ed12bc26","markDefs":[],"children":[{"text":"Disclaimer: This content summarizes trends in asbestos litigation and settlements from 2010-2023 for informational purposes only. It is not legal advice. For personal legal matters, consult a professional.","_key":"8e61bba2be090","_type":"span","marks":["em"]}],"_type":"block","style":"normal"}],"_updatedAt":"2024-05-09T06:38:32Z","author":{"image":{"_type":"image","asset":{"_type":"reference","_ref":"image-da6284cb249b5c9fa0ee883af955aab88035b55e-500x501-png"}},"visible":true,"gender":"other","avatar":{"_type":"image","asset":{"_ref":"image-f153f8ab82b5ac1a43d29a2dc54408f13cbfb522-513x513-png","_type":"reference"}},"title":"ConsumerShield","firstName":"Research Team","_createdAt":"2023-10-17T18:55:54Z","_id":"bd6dd7a4-4334-490c-8c09-3d978b97b4e5","_type":"author","hidden":false,"shortDescription":[{"_type":"block","style":"normal","_key":"70d4a96862f0","markDefs":[],"children":[{"marks":[],"text":"Meet ConsumerShield Research Team, dedicated to identifying risks in consumer products and championing consumer rights through rigorous research","_key":"7ded9896f60c0","_type":"span"}]}],"orderRank":"0|ii002r:","slug":{"current":"research-team","_type":"slug"},"username":"Research","_rev":"gqEhtMd1ivhJ4WdPL152jM","body":[{"style":"normal","_key":"9bf419c63834","markDefs":[],"children":[{"_type":"span","marks":[],"text":"The work of the Research Team is pivotal in identifying, analyzing, and communicating risks associated with consumer products and services, bridging the gap between complex data and public awareness. Emphasizing transparency, the team strives to ensure that safety information and risk assessments are not only accessible but also understandable to consumers.","_key":"5d9aa19984660"}],"_type":"block"},{"markDefs":[],"children":[{"_key":"e9dea3b692d90","_type":"span","marks":[],"text":"With collective expertise in data science, including degrees from renowned universities, the team's proficiency extends to a profound understanding of U.S. consumer safety regulations, information compliance, and risk communication. Their research has informed policy recommendations, corporate responsibility measures, and public safety campaigns nationwide."}],"_type":"block","style":"normal","_key":"a9d12f243f9e"},{"style":"normal","_key":"e4716231a8c4","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Beyond research, the Research Team is a vocal advocate for consumer rights, often featured in seminars, publications, and advisory panels. They champion the need for stringent information safety standards and consumer protection in the ever-evolving U.S. market.","_key":"187e6705a5770"}],"_type":"block"}],"_updatedAt":"2024-04-25T07:29:21Z"},"slug":{"current":"what-is-the-average-settlement-for-asbestos-claim","_type":"slug"},"description":"Explore the evolution of median awards and settlements in asbestos cases, covering mesothelioma, talcum powder lawsuits, and evolving gender dynamics.","isHero":false,"_id":"91b9ad66-32e6-4a0b-98bc-a20372ec0ad9","title":"What Is The Average Settlement For Asbestos Claims? (2024)","chart":{"_ref":"5eecaf16-29f2-40b6-a2f3-97f13372742e","_type":"reference"},"_type":"article","reviewer":null},"description":[{"_type":"block","style":"normal","_key":"80601f9ab43f","markDefs":[{"_type":"link","href":"https://www.kcic.com/media/2345/kcic_report_asbestos-annual-report_2023.pdf","_key":"265f70672f50"}],"children":[{"_key":"eef553670b2b0","_type":"span","marks":[],"text":"Source: "},{"marks":["265f70672f50"],"text":"KCIC Asbestos Report 2023","_key":"616496c83f3a","_type":"span"}]}]}