ASBESTOS UPDATE: 222 Cases Open v. Midwest Generation at June 30

There were about 222 asbestos cases for which Midwest Generation, LLC Company was potentially liable that had not been settled and dismissed at June 30, 2011.

There were about 228 asbestos cases for which the Company was potentially liable and that…

ASBESTOS UPDATE: IDEX Corp., Six Units Named in Injury Lawsuits

IDEX Corporation and six of its subsidiaries are presently named as defendants in a number of lawsuits claiming various asbestos- related personal injuries, allegedly as a result of exposure to products manufactured with components that contained asbestos.

Those components were acquired…

ASBESTOS UPDATE: McLean Lawyer Seeks Rehearing in Honeywell Case

James Wylder, Esq., of Bloomington, Ill., on Aug. 5, 2011, petitioned the Fourth District appellate court to reconsider a July 15, 2011 decision overruling two precedents that have sustained his unique series of trials in McLean County, Ill., in a…

ASBESTOS UPDATE: Old Republic Posts $139.7MM Reserves at June 30

Old Republic International Corporation’s net asbestos and environmental claim reserves amounted to US$139.7 million as of June 30, 2011, compared with US$144.9 million as of Dec. 31, 2010.

The Company’s gross asbestosis and environmental claim reserves amounted to US$188.8 million as…

ASBESTOS UPDATE: Generation Reserves $53MM at June 30 for Claims

Exelon Corporation’s Exelon Generation Company, LLC subsidiary had reserved about US$53 million total for asbestos-related bodily injury claims at June 30, 2011 and Dec. 31, 2010, according to the Company’s quarterly report filed with the Securities and Exchange Commission on…

ASBESTOS UPDATE: Jackson Case v. Illinois Central Filed April 19

Katherine Jackson, on behalf of deceased husband Claudy Jackson, filed an asbestos lawsuit against Illinois Central Railroad on April 19, 2011 in St. Clair County Circuit Court, Ill., The Madison/St. Clair Record reports.

In her complaint, Mrs. Jackson alleges that Mr.…

ASBESTOS UPDATE: Exposure Cases Still Ongoing v. Navistar Int’l.

Along with other vehicle manufacturers, Navistar International Corporation has been subject to an increase in the number of asbestos-related claims in recent years.

In general, these claims relate to illnesses alleged to have resulted from asbestos exposure from component parts found…

ASBESTOS UPDATE: Deere Subject to Unresolved Liability Actions

Deere & Company is subject to various unresolved legal actions which arise in the normal course of its business, the most prevalent of which relate to product liability (including asbestos related liability), retail credit, software licensing, patent and trademark matters.

No…

ASBESTOS UPDATE: Rentech Has $285,000 in Liabilities at March 31

Rentech, Inc.’s asbestos liability was US$285,000 at March 31, 2011, and its accretion expense for the six months ended March 31, 2011, was US$17,000.

The Company’s asbestos liability was US$277,000 at Dec. 31, 2010 and its accretion expense was US$9,000 for…

ASBESTOS UPDATE: Tenneco Inc. Still Has Asbestos Exposure Claims

Tenneco Inc. is subject to a number of lawsuits initiated by a significant number of claimants alleging health problems as a result of exposure to asbestos.

In the early 2000s, the Company was named in nearly 20,000 complaints, most of which…

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