ASBESTOS UPDATE: 100 Steam Main Rupture Actions Ongoing v. ConEd

About 100 lawsuits are still pending against Consolidated Edison, Inc. concerning its subsidiary Consolidated Edison Company of New York’s (CECONY) steam main rupture in midtown Manhattan in July 2007.

In July 2007, a CECONY steam main located in midtown Manhattan ruptured.…

ASBESTOS UPDATE: ConEd, Units Still Involved in Exposure Actions

Consolidated Edison, Inc. and its subsidiaries — Consolidated Edison of New York, Inc. [CECONY] and Orange and Rockland Utilities, Inc. — continue to be defendants in asbestos-related lawsuits in New York State and federal courts.

Suits have been brought in New…

ASBESTOS UPDATE: ConEd Still Has 100 Steam Main Rupture Lawsuits

About 100 lawsuits are still pending against Consolidated Edison, Inc. concerning its subsidiary Consolidated Edison Company of New York’s (CECONY) steam main rupture in midtown Manhattan in July 2007.

In July 2007, a CECONY steam main located in midtown Manhattan ruptured.…

ASBESTOS LITIGATION: Injury Cases Still Ongoing v. ConEd, Units

Subsidiaries of Consolidated Edison, Inc. still are defendants in lawsuits in New York State and federal courts, wherein plaintiffs sought compensatory and punitive damages for deaths and injuries allegedly caused by exposure to asbestos at various premises of the Utilities.

These…

ASBESTOS LITIGATION: Over 90 Steam Main Actions Ongoing v. ConEd

Over 90 lawsuits are pending against Consolidated Edison, Inc. concerning its subsidiary Consolidated Edison Company of New York’s steam main rupture in midtown Manhattan in July 2007.

It has been reported that one person died and others were injured as a…

ASBESTOS LITIGATION: ConEd, Units Still Facing Exposure Lawsuits

Consolidated Edison, Inc.’s subsidiaries continue to face lawsuits in New York State and federal courts, wherein plaintiffs sought compensatory and punitive damages for deaths and injuries allegedly caused by exposure to asbestos at various premises of the Utilities.

These Utilities are:…

ASBESTOS LITIGATION: ConEd Incurs $35Mil Costs for Steam Rupture

Consolidated Edison, Inc., as of Dec. 31, 2008, with respect to a steam main rupture incident, incurred estimated operating costs of US$35 million for property damage, cleanup and other response costs.

As of Dec. 31, 2008, the Company recorded US$21 million…