ASBESTOS UPDATE: Hartford Cites $72MM Paid Loss, LAE at March 31

The Hartford Financial Services Group, Inc.’s net asbestos- related paid losses and loss adjustment expenses (LAE) were US$72 million during the three months ended March 31, 2010, according to the Company’s quarterly report filed on April 29, 2010 with the…

ASBESTOS UPDATE: Panolam Ind. Unit Subject to Exposure Lawsuits

Panolam Industries International, Inc.’s subsidiary, Nevamar Holding Corp., is subject to asbestos-related exposure lawsuits.

During 2006, Nevamar was named a defendant in numerous workers’ compensation claims filed on behalf of current and former employees at the Hampton, S.C., facility alleging injury…

ASBESTOS UPDATE: Odyssey Cites $333.47M Losses, LAE at Sept. 30

Odyssey Re Holdings Corp.’s gross unpaid asbestos-related losses and loss adjustment expenses were US$333,475,000 during the nine and three months ended Sept. 30, 2009, compared with US$346,267,000 during the nine and three months ended Sept. 30, 2008.

The Company’s asbestos-related gross…

ASBESTOS UPDATE: Hartford Has $1.940B Net Liability at Sept. 30

The Hartford Financial Services Group, Inc.’s net asbestos liability was US$1.940 billion for the three and nine months ended Sept. 30, 2009, according to the Company’s quarterly report filed with the Securities and Exchange Commission on Nov. 3, 2009.

The Company’s…

ASBESTOS UPDATE: Wight Remand Bid Denied in Case v. Buffalo, GE

The U.S. District Court, District of Connecticut, denied plaintiffs Louise Wight and Gail Bettencourt’s motion to remand to state court an asbestos case filed against Buffalo Pumps, Inc. and General Electric Company.

The case is styled Louise Wight, et al., Plaintiffs…

ASBESTOS UPDATE: Allen Remand Bid Denied in Case v. Buffalo, GE

The U.S. District Court, District of Connecticut, denied Samuel Allen and 11 other plaintiffs’ motion to remand to state court an asbestos case filed against Buffalo Pumps, Inc. and General Electric Company.

The case is styled Samuel Allen, et al., Plaintiffs…

ASBESTOS UPDATE: Asbestos Found in Newtown High School in Conn.

Asbestos was found in an isolated area of Newtown High School in Newtown, Conn., The News-Times reports.

Abatement professionals are scheduled to start work on Oct. 1, 2009 while the school is in session, on a two-week plan to clean up…

ASBESTOS UPDATE: UConn Club Discovers Hazard in Hawley Basement

Several members of the University of Connecticut’s Fencing club recently discovered asbestos in the Hawley Armory’s basement, Mesothelioma & Asbestos Awareness Center reports.

The fencing club uses the Hawley Armory to store equipment.

The Club’s vice president, John Kennedy, uncovered the asbestos…

ASBESTOS UPDATE: Chemtura Corp. Still Subject to Liability Cases

Chemtura Corporation continues to be subject to litigation, including liability claims related to its current products and asbestos-related claims, concerning premises and historic products of its corporate affiliates and predecessors.

No other asbestos-related matters were disclosed in the Company’s quarterly report…

ASBESTOS UPDATE: Nevamar Subject to Workers’ Compensation Claims

Panolam Industries International, Inc.’s wholly owned subsidiary, Nevamar Holding Corp., is subject to asbestos-related workers’ compensation claims.

During 2006, Nevamar was named a defendant in numerous workers’ compensation claims filed on behalf of current and former employees at the Hampton, S.C.,…

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