toxic liabilities: many large insurance companies set up special susidiary companies to deal with hight risk insurances so they can cut the loss of large insuranc claims affecting the main insurance companies.many had to deal with claims from thousands of people affected by toxic waste disposal affecting public health
toxic liabilities: recent collapse of many banks would have cut their losses if they followed examples of many insurance companies which collapsed more than a decade ago who set up companies to deal with huge losses arising out of large claims for toxic waste disposal affecting thousands of people's health.
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