CIGoutlet.NET News: Insurers May Reimburse Tobacco Companies

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American cigarette manufacturers have filed a lawsuit against the FDA.
The largest US tobacco companies filed a lawsuit in the US District Court for the District of Columbia against the Federal Office of the Food and Drug Administration (FDA).
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Interesting facts about cigarettes, countries - tobacco leaders.
Every minute in the world are sold about 8-10 million cigarettes and daily 13-15 billion cigarettes.
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Anti-smoking campaigns run to extremes.
It is strange to what can bring the foolishness of anti-smoking crusaders in their attempts to impose all the rules of a healthy lifestyle, even if they lead to a violation of all norms, artistic freedom and civil society.
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Insurers May Reimburse Tobacco Companies

07/09/99

European and U.S. insurance companies may be forced to reimburse tobacco companies paying out billions of dollars in settlements and compensation claims in the United States, an industry analyst said Thursday.

Paul Hodges of investment bank Schroders said in a report that many industry giants had provided insurance to tobacco manufacturers that either specifically covered, or did not fully exclude, the health liability risks associated with smoking. The report named some of the companies involved as Royal & Sun Alliance, CGU, Lloyd's of London, Zurich Financial Services, Liberty Mutual and The St. Paul Companies. It said it was clearly in tobacco manufacturers' interests to seek reimbursement from their insurers as claims against them mount.

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