195 articles for

April 2009

ASBESTOS LITIGATION: Arguments in Travelers Case Heard March 30

The Supreme Court, on March 30, 2009, heard arguments in an asbestos-related insurance case styled Travelers Indemnity Co v. Bailey, Wired.PRNews.com reports.

As reported by Legal Times on Law.com, the case packed a full house of legal professionals including insurance and…

ASBESTOS LITIGATION: Kaiser Ventures Records 18 Actions in 2008

Kaiser Ventures LLC, in 2008, recorded 18 active asbestos- related lawsuits, according to the Company’s annual report filed with the Securities and Exchange Commission on March 30, 2009.

The Company said that 15 active suits were pending, primarily bodily injury, against…

ASBESTOS LITIGATION: 1 Exposure Case Filed v. Great Lakes in ‘08

Great Lakes Dredge & Dock Corporation says that one asbestos exposure case was filed against the Company in 2008, according to the Company’s annual report filed with the Securities and Exchange Commission on March 13, 2009.

The Company or its former…

ASBESTOS LITIGATION: Berkshire Reserves $10.7Bil for A&E in 2008

Berkshire Hathaway Inc.’s liabilities for environmental, asbestos and latent injury claims and claims expenses net of reinsurance recoverables were about US$10.7 billion at Dec. 31, 2008 and US$11.2 billion at Dec. 31, 2007.

These liabilities included about US$9.2 billion at Dec.…

ASBESTOS LITIGATION: MYR Group Still Subject to Exposure Claims

MYR Group Inc. continues to be subject to asbestos-related exposure claims concerning historic operations of a predecessor affiliate, according to the Company’s annual report filed with the Securities and Exchange Commission on March 12, 2009.

The Company said it believes that…

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