ASBESTOS UPDATE: Old Republic’s Reserves at $142.6MM at March 31

Old Republic International Corporation’s net asbestosis and environmental claim reserves were US$142.6 million as of March 31, 2011, compared with US$144.9 million as of Dec. 31, 2010.

The Company’s gross asbestosis and environmental claim reserves were US$191.5 million as of March…

ASBESTOS UPDATE: Great Lakes Dredge Still Facing Exposure Claims

Great Lakes Dredge & Dock Corporation or its former subsidiary, NATCO Limited Partnership, is still involved in asbestos-related lawsuits.

The Company or NATCO is named as a defendant in about 251 asbestos-related personal injury lawsuits, the majority of which were filed…

ASBESTOS UPDATE: Appellate Court Urged to Decide on McLean Cases

The Illinois Supreme Court, on May 25, 2011, urged the Fourth District Court of Appeals to review two orders of McLean County Circuit Judge Scott Drazewski, denying motions to dismiss asbestos suits against Illinois Central Railroad, The Madison/St. Clair Record…

ASBESTOS UPDATE: IDEX Corp., 8 Units Subject to Exposure Lawsuits

IDEX Corporation and eight 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, according to the…

ASBESTOS UPDATE: Trimble Case v. 41 Firms Filed April 6 in Ill.

Debra L. Trimble, on April 6, 2011, filed an asbestos lawsuit against 41 defendant corporations in St. Clair County Circuit Court, Ill., The Madison/St. Clair Record reports.

Ms. Trimble is represented by Randy L. Gori, Esq., of Gori, Julian and Associates…

ASBESTOS UPDATE: Midwest Generation Facing 228 Cases at March 31

There were about 228 asbestos cases for which Midwest Generation, LLC was potentially liable and that had not been settled and dismissed at March 31, 2011, according to the Company’s quarterly report filed with the Securities and Exchange Commission on…

ASBESTOS UPDATE: Allstate Posts $1.091-Bil. Reserves at March 31

The Allstate Corporation’s asbestos claims reserves were US$1.091 billion during the three months ended March 31, 2011, compared with US$1.1 billion during the 12 months ended Dec. 31, 2010.

About 61% and 60% of the total net asbestos and environmental reserves…

ASBESTOS UPDATE: Exelon Posts $51MM Claims Reserves at March 31

Exelon Corporation’s subsidiary, Exelon Generation Company, LLC, had reserved about US$51 million at March 31, 2011 and US$53 million at Dec. 31, 2010 in total for asbestos-related bodily injury claims.

Generation maintains a reserve for claims associated with asbestos-related personal injury…

ASBESTOS UPDATE: Matthiessen School in Ill. Set for Demolition

A school in La Salle, Ill., Matthiessen School, which has been vacant for years, is now slated for demolition, Mesothelioma.com reports.

Before the building comes down, hazardous materials must first be abated. The Illinois Environmental Protection Agency is using money from…

ASBESTOS UPDATE: Unitrin Posts $59.8MM A&E Reserves at Dec. 31

Property and Casualty Insurance Reserves related to Unitrin, Inc.’s Discontinued Operations are predominantly long-tailed exposures, of which US$59.8 million was related to asbestos, environmental matters and construction defect exposures at Dec. 31, 2010.

Unitrin, Inc. is a diversified insurance holding company,…

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