Crane Co.’s long-term asbestos liability amounted to
US$570,768,000 as of June 30, 2011, compared with US$619,666,000
as of Dec. 31, 2010, according to a Company report, on Form 8-K,
filed on July 25, 2011 with the Securities and Exchange
Commission.
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.