ASBESTOS UPDATE: AIHL Records $14.4MM Gross Reserves at June 30
Allegheny Corporation subsidiary, Alleghany Insurance Holdings LLC (AIHL), had reserves for unpaid asbestos and environmental losses and loss adjustment expenses that include US$14.4 million of gross reserves and US$14.3 million of net reserves at June 30, 2010.
AIHL’s reserves for unpaid…