PPG Industries, Inc., for over 30 years, has been a defendant in lawsuits involving claims alleging personal injury from exposure to asbestos, according to the Company’s quarterly report filed with the Securities and Exchange Commission on July 26, 2010.
Most of…
The Travelers Companies, Inc.’s subsidiary, Travelers Property Casualty Corp. (TPC), continues to be involved in asbestos-related insurance lawsuits that are pending in various courts.
In October 2001 and April 2002, two purported class action suits (Wise v. Travelers and Meninger v.…
The Court of Appeal of Louisiana, Fourth Circuit, issued split rulings in a case involving asbestos styled Collen Comer Marchand, et al. v. Asbestos, et al., Defendants.
Judge Charles R. Jones, James F. McKay III, and Terri F. Love entered judgment…
Honeywell International Inc. says that about US$200 million of unsettled asbestos coverage under certain policies is included in its North American Refractories Company (NARCO)-related insurance receivable at June 30, 2010.
In the second quarter of 2006, Travelers Casualty and Insurance Company…
Exelon Corporation’s subsidiary, Exelon Generation Company, LLC, had reserved about US$53 million at June 30, 2010 and US$49 million at Dec. 31, 2009 in total for asbestos-related bodily injury claims, according to the Company’s quarterly report filed on July 22,…
The Travelers Companies, Inc.’s net asbestos-related reserves were US$2.593 billion as of June 30, 2010, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on July 22, 2010.
During the first quarter of 2010, the…
Honeywell International Inc. recorded total asbestos liabilities of US$1.706 billion as of June 30, 2010, compared with US$1.694 billion as of Dec. 31, 2009.
Of the US$1.706 billion as of June 30, 2010, about US$579 million related to the Company’s Bendix…
Ashland Inc.’s non-current asbestos litigation reserve was US$855 million as of June 30, 2010, compared with US$828 million as of June 30, 2009, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on July…
Honeywell International Inc.’s consolidated financial statements reflect an insurance receivable corresponding to the liability for settlement of pending and future NARCO-related asbestos claims of US$816 million as of June 30, 2010 and US$831 million as of Dec. 31, 2009.
The Company…
The Colchester Magistrates Court fined electrical retailer Stellison Ltd GBP13,000 plus costs for exposing its staff to asbestos, the Daily Gazette reports.
Stellison admitted to breaching the Health and Safety At Work Act by failing to protect the health, safety and…