NAMIC Panel Asks: ‘Is Mold the Next Asbestos”

August 28, 2001

The National Association of Mutual Insurance Companies (NAMIC) will host an insurance industry panel discussion on mold entitled “Is Mold the Next Asbestos?” at its 106th Annual Convention, Sept. 23-26, 2001, in Washington, D.C.

Larry Forrester, NAMIC president, stated that the issue of toxic mold and how it relates to both personal and commercial lines is one of major concern to the insurance industry, with some analysts making the analogy that mold could be the next asbestos.

The panel will include Dr. Robert Hartwig, chief economist at the Insurance Information Institute; Douglas G. Houser, partner with Bullivant Houser Bailey PC’s Insurance Practice Group who has represented parties in national and international insurance-related matters; Barbara Reardon with Educating Underwriters Consulting Inc., a Batavia, Ill.-based education and underwriting consulting firm; and Lyle Hogan, a senior engineer with Geoscience Group Inc.

Roger Schmelzer, vice president-regulatory affairs and moderator for the panel, stated that the heightened awareness about toxic mold has been associated with lung problems and possible memory loss. He added, however, that the CDC advises the link between toxic mold and reported sickness is not conclusive.

Those that wish to register for this event can contact NAMIC at (317) 875-5250, Convention Registration Desk or visit NAMIC Online at www.namic.org and click on the Convention tab at the top of the page.

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