ASBESTOS UPDATE: Duke Energy Carolinas Has $853M Dec. 31 Reserve
Amounts recognized as asbestos-related reserves related to Duke Energy Corporation’ subsidiary, Duke Energy Carolinas, LLC, totaled US$853 million as of Dec. 31, 2010 and US$980 million as of Dec. 31, 2009.
Duke Energy Carolinas has experienced numerous claims for indemnification and…