March 27, 2009

ASBESTOS LITIGATION: United Fire Has $3.8Mil Reserves at Dec. 31

COMPANIES: United Fire & Casualty Co
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United Fire & Casualty Company’s direct and assumed asbestos and environmental loss reserve was US$3.8 million at Dec. 31, 2008, compared with US$5 million at Dec. 31, 2007.

In addition, the Company had ceded A&E loss reserves of US$600,000 at Dec.…

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TOPICS: Asbestos | General News | Insurance | Legal Issues, Litigation
LOCATIONS: Iowa | United States