Dear Counsel:
The Trustees of the NARCO Asbestos Personal Injury Settlement Trust (the “Trust”) write to inform you of the formation and implementation of a Trust claims audit program (“Claims Audit Program”).
TDP section 4.8(a) provides that the Trust may conduct random or other audits to verify medical and exposure information submitted to the Trust. The Claims Audit Program establishes an audit process designed to verify the information submitted to the Trust, to ensure that each law firm maintains within its claim files documentation that supports that information, and to verify that each law firm complies with the terms and conditions of the TDP and applicable electronic filing agreements regarding the reliability of medical and exposure evidence. A fuller description of the Claims Audit Program is on the Trust’s website at https://www.narcoasbestostrust
This notice is introductory only. No claims or law firms have yet been selected for audit. Details of the Claims Audit Program are still in development. The Trust has recently retained Mazars USA LLP (“Mazars”) to conduct the audits. Mazars is the U.S. member firm of the Mazars Group – a prominent international accounting, audit, tax and advisory services organization. If any claims submitted by you on behalf of your clients are selected for audit, you will receive a separate notification from Mazars along with more detailed information. Please be assured that Mazars recognizes the confidential nature of claim files and the need for secure transmission of claims information. Mazars will establish a secure website for such audits. Process guides and training tools will be available on the Mazars website.
In the meantime, if you have any questions about the Claims Audit Program, please contact Mazars at: narco@mazars.co.uk.
Kind regards,
Honorable Ken M. Kawaichi, Ret.
Mark M. Gleason
Richard B. Schiro
Trustees of the NARCO Asbestos Personal Injury Settlement Trust