ASBESTOS LITIGATION: $100T Estimated for Mass. Theater’s Cleanup

The town of Ware, Mass., received an estimate from a private company stating that for about US$100,000 the Casino Theatre (located on Main Street) could undergo asbestos abatement and be demolished, Mesothelioma.com reports.

According to Ware Town Manager Steven C. Boudreau,…

ASBESTOS LITIGATION: Katy Ind. Records 2700 Sterling Fluid Cases

Katy Industries, Inc. says that Sterling Fluid Systems (USA) has tendered about 2,700 asbestos cases to the Company for defense and indemnification.

These cases are pending in Michigan, New Jersey, New York, Illinois, Nevada, Mississippi, Wyoming, Louisiana, Georgia, Massachusetts, Missouri, Kentucky,…

ASBESTOS LITIGATION: Cabot Unit Still Party to AO Exposure Cases

Cabot Corporation continues to be party to cases, including asbestos-related, in connection with a safety respiratory products business that a subsidiary acquired from American Optical Corporation (AO) in an April 1990 asset purchase transaction.

The subsidiary manufactured respirators under the AO…

ASBESTOS LITIGATION: Hanover Cites $14MM Net Reserve at March 31

The Hanover Insurance Group, Inc.’s net asbestos- and environmental-related reserve for losses and loss adjustment expenses were US$14 million at March 31, 2009 and US$13.9 million at Dec. 31, 2008.

The Company’s gross A&E-related reserve for losses and LAE were US$18.4…

ASBESTOS LITIGATION: Leslie Recovery Receivable Reduced by $2.1M

CIRCOR International, Inc.’s subsidiary, Leslie Controls, Inc., has reduced its asbestos insurance recovery receivable by US$2.1 million in the first quarter of 2009.

During the first quarter of 2009, one of Leslie’s other primary insurers, Continental Casualty, a CNA company, informed…

ASBESTOS LITIGATION: Spence & Hoke Subject to Exposure Lawsuits

Two of CIRCOR International, Inc.’s subsidiaries (Spence Engineering Company, Inc. and Hoke, Inc.) are still facing asbestos-related claims.

The Company acquired Spence in 1984. The Company acquired Hoke in 1998.

Based in Burlington, Mass., CIRCOR International, Inc. provides valves and fluid control…

ASBESTOS LITIGATION: Leslie Cites 1,103 Active Cases at March 29

CIRCOR International, Inc.’s subsidiary, Leslie Controls, Inc., as of March 29, 2009, faced 1,103 active, unresolved asbestos claims.

These claims were filed in California, Texas, New York, Massachusetts, Pennsylvania, West Virginia, Rhode Island and 24 other states. About 578 of these…

ASBESTOS LITIGATION: CIRCOR Cites $13.29M Liability at March 29

CIRCOR International, Inc.’s current asbestos liability was US$13,297,000 as of March 29, 2009, compared with US$9,310,000 as of March 30, 2008, according to the Company’s quarterly report filed with the Securities and Exchange Commission on April 30, 2009.

Long-term asbestos liability…

ASBESTOS LITIGATION: Deleon Added to EPA’s “Fugitives” Web Site

Albania Deleon, former president of Massachusetts’ largest asbestos removal training school, has been added to the U.S. Environmental Protection Agency’s “environmental fugitives” Web site, according to an EPA press release dated April 2, 2009.

Ms. Deleon failed to appear for her…

ASBESTOS LITIGATION: Suit v. Chase Still Inactive as of March 31

Chase Corporation says that, as of March 31, 2009, there have been no new developments as an Ohio asbestos lawsuit has been inactive with respect to the Company, according to its quarterly report filed with the Securities and Exchange Commission…

Page 7 of 8« First...«45678»