PICO Holdings Inc

PICO Holdings, Inc. says that, at Dec. 31, 2010, about 28 of its 111 open claims were asbestos-related, according to the Company’s annual report filed with the Securities and Exchange Commission on March 1, 2011.

A significant number of the claims…

PICO Holdings, Inc.’s insurance subsidiary, Citation Insurance Company, created a new reserve of US$500,000 for asbestos claims during 2008, according to the Company’s annual report filed with the Securities and Exchange Commission on March 2, 2009.

Citation did not previously have…