ASBESTOS UPDATE: Honeywell Still Facing Coverage Action in N.Y.

Honeywell International Inc. continues to face an asbestos-related declaratory judgment action in the Supreme Court of New York, County of New York.

In the second quarter of 2006, Travelers Casualty and Insurance Company filed the action against the Company and other…

ASBESTOS UPDATE: Travelers Cos. Records $114MM Reserves Increase

The Travelers Companies, Inc.’s favorable prior year reserve development in the current quarter included a US$114 million after-tax (US$175 million pre-tax) increase to asbestos reserves, compared to a US$91 million after-tax (US$140 million pre-tax) increase in the prior year quarter,…

ASBESTOS UPDATE: Travelers Has $2.533-Bil. Reserves at Sept. 30

The Travelers Companies, Inc.’s net reserves for asbestos-related claims amounted to US$2.533 billion at and for the nine months ended Sept. 30, 2011, compared with US$2.658 billion at and for the nine months ended Sept. 30, 2010, according to the…

ASBESTOS UPDATE: Appeals Court Reverses Ruling in Kaiser Lawsuit

The Court of Appeal, Second District, Division 4, California, reversed the grant of summary adjudication and entry of judgment for Kaiser Cement and Gypsum Corporation and against ICSOP.

The case is styled Kaiser Cement and Gypsum Corporation, Cross- complainant and Respondent…

ASBESTOS UPDATE: Honeywell Has $685MM Sept. 30 NARCO Receivable

Honeywell International Inc. recorded an insurance receivable corresponding to the liability for settlement of pending and future NARCO-related asbestos claims of US$685 million as of Sept. 30, 2011 and US$718 million as of Dec. 31, 2010.

The Company owned North American…

ASBESTOS UPDATE: Obriecht OK’d to Proceed With Retaliation Claim

The U.S. District Court, Eastern District of Wisconsin, allowed Andrew M. Obriecht to proceed with his retaliation claim and with the underlying conspiracy and due process claims.

District Judge J.P. Stadtmueller entered judgment in Case No. 10- CV-221 on July 13,…

ASBESTOS UPDATE: Defendants’ Summary Judgment Granted in Clineff

The Superior Court of Delaware, New Castle County, granted BP Amoco Chemical Co., BP Corporation North America Inc., and Kvaerner U.S. Inc.’s Motions for Summary Judgment in an asbestos case filed on behalf of Ronald Clineff.

Judge Peggy L. Ableman entered…

ASBESTOS UPDATE: Ill. Appeals Court Reverses Ruling in Rodarmel

The Appellate Court of Illinois, Fourth District, reversed the ruling of the Circuit Court of McLean County, in an asbestos case styled Juanita Rodarmel and Baxter Rodarmel, Plaintiffs-Appellees v. Pneumo Abex, L.L.C., Sued as Its Predecessor Pneumo Abex Corporation; and…

ASBESTOS UPDATE: Ill. Court Denies Move to Remand in Ellis Case

The U.S. District Court, Central District of Illinois, denied Linda Ellis’ Motion to Remand an asbestos case filed against various defendants.

The Court also granted Defendants’ Motion to Stay.

The case is styled Linda Ellis, Individually and as special administrator of the…

ASBESTOS UPDATE: Honeywell Faces 22.8T Bendix Claims at Sept. 30

Honeywell International Inc.’s Bendix friction materials business faced 22,800 asbestos-related claims during the nine months ended Sept. 30, 2011, compared with 22,480 claims during the year ended Dec. 31, 2010.

Bendix manufactured automotive brake parts that contained chrysotile asbestos in an…

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