April 8, 2011

ASBESTOS UPDATE: United Fire Has $3.4MM A&E Reserves at Dec. 31

COMPANIES: United Fire & Casualty Co
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United Fire & Casualty Company had US$3.4 million at Dec. 31, 2010, and US$3.8 million at Dec. 31, 2009, in direct and assumed asbestos and environmental loss reserves.

In addition, the Company had ceded asbestos and environmental loss reserves of US$500,000…

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