ASBESTOS LITIGATION: Grace Confirmation Hearing Set to June 2009

CNA Financial Corporation says that a confirmation hearing on W. R. Grace & Co.’s Plan of Reorganization is currently scheduled to begin in June 2009.

On March 22, 2002, a direct action was filed in Montana by eight individual plaintiffs (all…

ASBESTOS LITIGATION: Burns & Roe’s Plan Confirmed on February 23

CNA Financial Corporation says that Burns & Roe Enterprises,

Inc.’s Fourth Amended Plan of Reorganization was confirmed on

Feb. 23, 2009.

The Company has insurance coverage disputes related to asbestos

bodily injury claims against Burns & Roe, a bankrupt insured.

These disputes are currently part…

ASBESTOS LITIGATION: CNA Records $1.202B Net Reserves at Dec. 31

CNA Financial Corporation’s net asbestos-related reserves were US$1.202 billion at Dec. 31, 2008, compared with US$1.322 billion at Dec. 31, 2007, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on Feb. 23, 2009.

The…

ASBESTOS LITIGATION: A.P. Green Confirmation Bid Still Pending

CNA Financial Corporation says that several insurers’ appeal on the confirmation of A.P. Green’s plan of reorganization is still pending, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on Feb. 23, 2009.

On Feb.…

ASBESTOS LITIGATION: Confirmation in Grace Case Set in April ‘09

CNA Financial Corporation says that a confirmation hearing on W. R. Grace & Co.’s Plan of Reorganization is currently scheduled to begin in April 2009.

On March 22, 2002, a direct action was filed in Montana (Pennock, et al. v. Maryland…

ASBESTOS LITIGATION: Ruling to Favor CNA Issued in Keasbey Case

A New York appellate court, on Dec. 30, 2008, entered a unanimous decision in favor of CNA Financial Corporation in an insurance coverage litigation involving the former Robert A. Keasbey Company.

The Company is engaged in insurance coverage litigation in New…

ASBESTOS LITIGATION: CNA Companies Facing Inactive Cases in Tex.

Inactive asbestos-related cases are pending against CNA Financial Corporation subsidiaries in Texas courts.

About 80 lawsuits were filed in Texas beginning in 2002, against two CNA companies and numerous other insurers and non-insurer corporate defendants asserting liability for failing to warn…

ASBESTOS LITIGATION: Burns & Roe Plan Hearing Held in Dec. 2008

CNA Financial Corporation says that Burns & Roe Enterprises, Inc.’s (a bankrupt insured) confirmation hearing was held n December 2008 before the the U.S. Bankruptcy Court for the District of New Jersey and District Court jointly.

The Company has insurance coverage…

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