Prime Group Realty Trust recorded a liability of US$7.6 million and an asset of US$8.6 million related to asbestos abatement as of March 31, 2009.
The Company’s 330 N. Wabash Avenue office property currently contains asbestos in the form of spray-on…
During the week of April 27, 2009 through May 1, 2009, 22 new asbestos lawsuits were filed in Madison County Circuit Court, Ill., The Madison St. Clair Record reports.
These cases are:
– Case No. 09-L-439: Gerard Abbott of Minnesota, a laborer,…
MYR Group Inc. is subject to asbestos-related exposure claims concerning historic operations of a predecessor affiliate, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 14, 2009.
The Company said it believes that it has…
Boss Holdings, Inc. continues to be a defendant in several lawsuits alleging past exposure to asbestos contained in gloves sold by one of its predecessors-in-interest.
These actions are being defended by one or more of the Company’s products liability insurers, according…
IDEX Corporation and five of its subsidiaries continue to face asbestos-related lawsuits and claims in 33 states.
Claims have been filed in Alabama, Arizona, California, Connecticut, Delaware, Florida, Georgia, Illinois, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nevada, New Hampshire,…
Tenneco Inc. continues to be subject to a number of lawsuits initiated by a significant number of claimants alleging health problems as a result of exposure to asbestos, according to the Company’s latest quarterly report filed with the Securities and…
The asbestos lawsuit filed by 94-year-old Rubert Ellington of Tennessee is ongoing in Multi District Litigation court, The Madison St. Clair Record reports.
Mr. Ellington claims his former employers owe him US$2.5 million for wrecking his health. He sued Illinois Central…
Gardner Denver, Inc. continues to be party to asbestos-related lawsuits.
The plaintiffs in these suits allege exposure to asbestos from multiple sources and typically the Company is one of about 25 or more named defendants. In the Company’s experience to date,…
Midwest Generation, LLC, had 238 asbestos cases for which it was potentially liable and that had not been settled and dismissed at March 31, 2009.
The Company had recorded a US$52 million liability at March 31, 2009, related to this matter.
At…
Allstate Corporation’s reserves for asbestos claims were US$1.21 billion at March 31, 2009 and US$1.23 billion at Dec. 31, 2008.
The reserves, net of reinsurance recoverable, were US$688 million at March 31, 2009 and US$704 million at Dec. 31, 2008.
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