The Travelers Companies, Inc.’s subsidiary, Travelers Property
Casualty Corp. (TPC), continues to be involved in asbestos-
related insurance lawsuits filed in various courts.
In October 2001 and April 2002, two purported class action suits
(Wise v. Travelers and Meninger v. Travelers)…
provides in-depth news coverage of asbestos-related lawsuits affecting public companies. Areas of focus include claim reserves, asbestos-related litigation costs, insurance coverage, compensatory and punitive damages, workers' compensation rulings, Chapter 11 cases involving asbestos product manufacturers, and statistics on asbestos-related lawsuits and claims.