The U.S. District Court, Southern District of Texas, Houston Division granted The Travelers Indemnity Company, Travelers Casualty and Surety Company, and Travelers Casualty and Surety Company of America’s Motion for Summary Judgment and Brief in Support in a case filed…
Penn Millers Holding Corporation’s estimated liability for asbestos and environmental claims was US$2,318,000 at March 31, 2010, and US$2,397,000 at Dec. 31, 2009.
A substantial portion of the liability results from the Company’s participation in assumed reinsurance pools.
Based in Wilkes-Barre, Pa.,…
American International Group, Inc.’s gross asbestos liability for unpaid claims and claims adjustment expense was US$3.409 billion during the three months ended March 31, 2010, compared with US$3.330 billion during the three months ended March 31, 2009.
The Company’s gross asbestos…
W. R. Grace & Co. says that, as of March 31, 2010, following the reclassification, withdrawal or expungement of claims, about 430 Property Damage Claims subject to a March 31, 2003 bar date remain outstanding.
The plaintiffs in asbestos property damage…
At March 31, 2010, there were about 39 of these lawsuits in which Noble Corporation is one of many defendants, according to the Company’s quarterly report filed on May 7, 2010 with the Securities and Exchange Commission.
The Company is from…
Certain wholly owned subsidiaries of Ingersoll-Rand plc are named as defendants in asbestos-related lawsuits in state and federal courts, according to the Company’s quarterly report filed on May 7, 2010 with the Securities and Exchange Commission.
In virtually all of the…
Enstar Group Limited anticipates that it will continue to be subject to litigation and arbitration proceedings in the ordinary course of business, including litigation generally related to the scope of coverage with respect to asbestos and environmental claims.
No other asbestos-related…
The U.S. Court of Appeals for Veterans Claims upheld the Board of Veterans’ Appeals July 14, 2008 decision that determined that new and material evidence had not been submitted sufficient to reopen William F. Polverari’s claim for service connection for…
The Navigators Group, Inc.’s net asbestos reserves amounted to US$16,662,000 during the three months ended March 31, 2010, compared with US$16,763,000 during the year ended Dec. 31, 2009.
The Company’s gross asbestos reserves amounted to US$21,907,000 during the three months ended…
Roper Industries, Inc. or its subsidiaries has been named defendants in some asbestos-related cases, according to the Company’s quarterly report filed on May 7, 2010 with the Securities and Exchange Commission.
Over recent years there has been a significant increase in…