ASBESTOS UPDATE: Chemtura Corporation Subject to Liability Cases

Chemtura Corporation is subject to claims and litigation related to product liability claims, including claims related to the Company’s current products and asbestos-related claims concerning premises and historic products of its corporate affiliates and predecessors.

No other asbestos-related matters were disclosed…

ASBESTOS UPDATE: Odyssey Records $386.44M Losses, LAE at June 30

Odyssey Re Holdings Corp.’s gross asbestos-related unpaid losses and loss adjustment expenses were US$386,443,000 during the three and six months ended June 30, 2010, compared with US$342,482,000 during the three and six months ended June 30, 2009, according to the…

ASBESTOS UPDATE: Rogers Corp. Has 181 Pending Claims at June 30

Rogers Corporation faced about 181 pending asbestos-related claims at June 30, 2010, compared with about 167 pending claims at Dec. 31, 2009, according to the Company’s quarterly report filed on Aug. 3, 2010 with the Securities and Exchange Commission.

There were…

ASBESTOS UPDATE: Hartford Liability at $1.94-Bil. at June 30

The Hartford Financial Services Group, Inc.’s net asbestos liability was US$1.944 billion for the three and six months ended June 30, 2010, according to the Company’s quarterly report filed on Aug. 4, 2010 with the Securities and Exchange Commission.

The Company’s…

ASBESTOS UPDATE: Fresenius Still Party to Sealed Air Cases

Fresenius Medical Care AG & Co. KGaA is involved in litigation with Sealed Air Corporation to confirm entitlement to indemnification from Sealed Air for losses and expenses incurred by the Company on pre-Merger tax liabilities and Merger-related claims.

The Company was…

ASBESTOS UPDATE: Rogers Liabilities Still at $20.58MM at June 30

Rogers Corporation’s long-term asbestos-related liabilities were US$20,587,000 as of June 30, 2010, the same as for the period ended Dec. 31, 2009, according to a Company report filed on Form 8-K with the Securities and Exchange Commission on Aug. 2,…

ASBESTOS UPDATE: Crane Has $672MM Long-Term Liability at June 30

Crane Co.’s long-term asbestos liability was US$672,848,000 as of June 30, 2010, compared with US$720,713,000 as of Dec. 31, 2009, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on July 26, 2010.

The Company’s…

ASBESTOS UPDATE: 65,352 Claims Ongoing Against Crane at June 30

Crane Co. faced 65,352 pending asbestos-related claims during the three months ended June 30, 2010, compared with 71,420 claims during the three months ended June 30, 2009.

During the three months ended June 30, 2010, the Company recorded 824 new claims,…

ASBESTOS UPDATE: Crane’s Appeal in Baccus Lawsuit Ongoing in Pa.

Crane Co.’s appeal over the James Baccus asbestos claim is ongoing before the Superior Court of Pennsylvania.

On March 14, 2008, the Company received an adverse verdict in the James Baccus claim in Philadelphia, with compensatory damages of US$2.45 million and…

ASBESTOS UPDATE: O’Neil Action Subject to Appellate Proceedings

Crane Co. says that the Patrick O’Neil asbestos-related claim is currently the subject of further appellate proceedings before the Supreme Court of California.

During the fourth quarter of 2007 and the first quarter of 2008, the Company tried several cases resulting…

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