Please read the November 2017 Notice Regarding Deadline for Filing Claims.
The NARCO Asbestos Trust has updated its NARCO Trust Directives Related to Exposure (the “Exposure Directives”) found on the NARCO Trust’s Documents page to reflect the Trust’s current policy on Significant Occupational Exposure allegations found in paragraph 7(c) of the Exposure Directives.
The Manville Trust has reached its Maximum Annual Payment (MAP) amount for 2017. Therefore, any claim with a status of “Awaiting Offer Funding” will not receive payment until 2018. Claims at this status will be carried over to 2018 and placed at the head of the FIFO payment queue. Please refer to the 2002 TDP Section H.8 for further details.
The NARCO Asbestos Trust has posted the Second Amended North American Refractories Company Asbestos Personal Injury Settlement Trust Distribution Procedures (“Second Amended TDP”) to the NARCO Trust’s Documents page. The Second Amended TDP incorporates into one document all the amendments to the TDP that have been adopted to date and also includes a copy of the NARCO Trust’s Alternative Dispute Resolution Procedures for NARCO Asbestos Trust Claims which can be found as attachment A to the Second Amended TDP or separately on the NARCO Trust’s Documents page.
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: email@example.com.
Honorable Ken M. Kawaichi, Ret.
Mark M. Gleason
Richard B. Schiro
Trustees of the NARCO Asbestos Personal Injury Settlement Trust
Please read the Notice Regarding Form Affidavits Deadline.
Notice regarding timing of a change of election from Individual Review to Expedited Review. Please click on the link for the document
The NARCO worksite list has been updated and can be found on the NARCO Trust’s Documents page. The Trust has revised the date range for Site #4097.
The NARCO Asbestos Trust (the “Trust”) adopted new directives relating to form affidavits. Please consult the Trust’s Form Affidavits Policy as posted on June 9, 2017 at http://www.claimsres.com/2017/06/09/narco-exposure-allegations/ the Directives Regarding Form Affidavits and Conditional Language posted on June 15, 2017 at http://www.claimsres.com/wp-content/uploads/2017/06/Directives-re-Form-and-Conditional.pdf for more details, and a webinar on the topic available here. Withdrawn or deferred claims will not be re-reviewed by the Trust unless and until a filer takes further action. A subsequent notice will be sent to any filer with deferred and withdrawn claims. Please contact NarcoInquiry@claimsres.com with any questions.
The Trust has produced a Webinar on the Trust’s policy on Form Affidavits and Conditional Language. You can view the Webinar here.