UDPATE 1-U.S. asbestos fund seen at $90-$120 billion

Newswire

(Adds details, comment from Democrats, labor) By Susan Cornwell WASHINGTON, April 29 (Reuters) - U.S. labor and industry officials are nearing agreement on a proposed trust fund of between $90 billion and $120 billion to pay asbestos injury claims, a senator overseeing the effort said on Tuesday. "We're almost there," said Utah Republican Sen. Orrin Hatch, who in March asked the warring parties to thousands of asbestos lawsuits to help him draft legislation to resolve the crisis that ...

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