PPG Industries, Inc.’s asbestos settlement (under current
liabilities) amounted to US$575 million as of Sept. 30, 2011,
compared with US$563 million as of Sept. 30, 2010, according to a
Company press release dated Oct. 20, 2011.
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.