August 20, 2010

ASBESTOS UPDATE: Grace Records $970MM Excess Coverage at June 30

COMPANIES: W.R. Grace & Co
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W. R. Grace & Co. says that, as of June 30, 2010, there remains about US$970 million of excess asbestos-related coverage from 54 presently solvent insurers.

The Company estimates that eligible claims would have to exceed US$4 billion to access total…

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TOPICS: Asbestos | Building, Industrial Materials | Chemicals/Petrochemicals/Plastics | General News | Legal Issues, Litigation
LOCATIONS: Maryland | United States