The rampant costs of asbestos-related claims in the United States are worrying British insurers and lawyers, who are concerned the unique structure of the U.K. legal system, which has kept runaway litigation at bay, eventually may be breached.
U.S.-style litigation related to asbestos has been probing the British legal system and so far has been turned back, but that may not hold indefinitely, according to Richard Hopley, a partner with the London-based law firm Kendall Freeman.
Speaking at a seminar on the London market held by his firm in New York City, Hopley said the United Kingdom "almost certainly" has the second-largest asbestos liability problem in …
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