ASBESTOS UPDATE: Dana Holding Has $51MM June 30 Insurance Asset

Dana Holding Corporation at June 30, 2011, recorded US$51 million as an asset for probable recovery from its insurers for the pending and projected asbestos personal injury liability claims, compared to US$52 million recorded at Dec. 31, 2010.

During the quarter…

ASBESTOS UPDATE: Pending Claims v. Dana Drop to 27T at June 30

Dana Holding Corporation had about 27,000 active pending asbestos personal injury liability claims at June 30, 2011 versus 30,000 at Dec. 31, 2010, according to the Company’s quarterly report filed on July 28, 2011 with the Securities and Exchange Commission.

The…

ASBESTOS UPDATE: Lawsuits v. FirstEnergy Corp. Still Continuing

There are various lawsuits, claims (including claims for asbestos exposure) and proceedings related to FirstEnergy Corp.’s normal business operations pending against the Company and its subsidiaries.

No other significant asbestos matters were discussed in the Company’s quarterly report filed on Aug.…

ASBESTOS UPDATE: Owens-Illinois Posts $35MM Payments at June 30

Owens-Illinois, Inc.’s asbestos-related cash payments during the second quarter of 2011 were US$35 million, compared to US$43 million in the second quarter of 2010, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on…

ASBESTOS UPDATE: Goodyear Tire Party to 82,700 Claims at June 30

The Goodyear Tire & Rubber Company faced 82,700 pending asbestos claims during the six months ended June 30, 2011, compared with 83,700 claims during the year ended Dec. 31, 2010, according to the Company’s quarterly report filed on July 28,…

ASBESTOS UPDATE: Court Issues Various Rulings in Leonard Actions

The U.S. District Court, Southern District of Ohio, Eastern Division, issued various rulings in asbestos cases styled Ronald D. Leonard, Plaintiff v. Ohio Department of Rehabilitation and Correction, et al., Defendants, Ronald D. Leonard, et al., Plaintiffs v. Ernie Moore,…

ASBESTOS UPDATE: Ohio Court Issues Split Ruling in Sivinski Case

The Court of Appeals of Ohio, Eighth District, Cuyahoga County, issues split rulings in litigation styled John A. Sivinski, Plaintiff-Appellant v. Lynn Arko Kelley, et al., Defendants- Appellees.

Judges Boyle, Sweeney, and Cooney entered judgment in Case No. 94296 on May…

ASBESTOS UPDATE: American Fin’l. Unit Party to A.P. Green Action

American Financial Group, Inc.’s Great American Insurance Company subsidiary is party to asbestos-related litigation involving A.P. Green.

Great American Insurance Company entered into an agreement in 2003, which was approved by the Bankruptcy Court, for the settlement of coverage litigation related…

ASBESTOS UPDATE: Summary Judgment Denied in Fireman’s Fund Case

The U.S. District Court, Northern District of Ohio, Western Division, denied Hartford Accident and Indemnity Company’s motion for partial summary judgment in a case styled Fireman’s Fund Insurance Company, Plaintiff v. Hartford Accident and Indemnity Company, Defendant/Third-Party Plaintiff v. Dana…

ASBESTOS UPDATE: STERIS Corp. Still Named in Liability Lawsuits

STERIS Corporation is, and will likely continue to be, involved in a number of asbestos-related product exposure actions.

No significant asbestos-related matters were disclosed in the Company’s annual report filed with the Securities and Exchange Commission on May 27, 2011.

STERIS Corporation…

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