July 16, 2010

ASBESTOS UPDATE: Fireman’s Fund Increases A&E Reserves by $301MM

COMPANIES: Fireman's Fund Insurance Co
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Fireman’s Fund Insurance Co., in a three-sentence statement last July 9, 2010, said it will “increase its reserves for asbestos and environmental risks on a stand-alone statutory basis by US$301 million,” the San Francisco Business Times reports.

The Novato, Calif.-based property-casualty…

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