ASBESTOS LITIGATION: FMC Corp. Facing 29,000 Claims at Dec. 31

FMC Corporation, as of Dec. 31, 2008, faced about 29,000 pending premises and product asbestos claims in several jurisdictions, according to the Company’s annual report filed with the Securities and Exchange Commission on Feb. 23, 2009.

About 29,000 premises and product…

ASBESTOS LITIGATION: Travelers, PPG Reach Settlement on Jan. 29

The Travelers Companies, Inc., PPG Industries, Inc., and about 30 other insurers of PPG, on Jan. 29, 2009, agreed in principle on a modified settlement agreement to settle asbestos-related coverage litigation under insurance policies issued to PPG, according to the…

ASBESTOS LITIGATION: 114T Claims Still Pending v. PPG at Dec. 31

PPG Industries, Inc., as of Dec. 31, 2008, continues to face asbestos-related lawsuits involving about 114,000 open claims served on the Company, according to the Company’s annual report filed with the Securities and Exchange Commission on Feb. 19, 2009.

As of…

ASBESTOS LITIGATION: Penn Records $2.6MM Liabilities at Sept. 30

Penn Millers Holding Corporation’s estimated liability for asbestos and environmental claims is US$2,609,000 at Sept. 30, 2008 (unaudited), compared with US$2,764,000 at Dec. 31, 2007 and US$2,620,000 at Dec. 31, 2006.

A substantial portion of the liabilities results from the Company’s…

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