ASBESTOS UPDATE: Exposure Actions Ongoing v. IDEX Corp., 6 Units

IDEX Corporation and six of its subsidiaries are presently named as defendants in a number of lawsuits claiming various asbestos- related personal injuries, allegedly as a result of exposure to products manufactured with components that contained asbestos.

Those components were acquired…

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…

ASBESTOS UPDATE: Grace Still Subject to Personal Injury Actions

W. R. Grace & Co. continues to be subject to asbestos personal injury claims that allege adverse health effects from exposure to asbestos-containing products formerly manufactured by the Company.

Cumulatively through the April 2, 2001 bankruptcy Filing Date, 16,354 asbestos personal…

ASBESTOS UPDATE: Digital Realty Cites $1.3MM Liability at June 30

The amount included in accounts payable and other accrued liabilities on Digital Realty Trust, Inc.’s condensed consolidated balance sheets was about US$1.3 million as of June 30, 2010 and Dec. 31, 2009.

The Company records accruals for estimated retirement obligations as…

ASBESTOS UPDATE: Navigators Cites $8.7MM Recoverables at June 30

The Navigators Group, Inc.’s ceded asbestos paid and unpaid recoverables were US$8.7 million at June 30, 2010 and US$8.9 million at Dec. 31, 2009, according to the Company’s quarterly report filed on Aug. 5, 2010 with the Securities and Exchange…

ASBESTOS UPDATE: Rockwell Automation Faces Exposure Lawsuits

Rockwell Automation, Inc. and its subsidiaries have been named as defendants in lawsuits alleging personal injury as a result of exposure to asbestos that was used in certain components of the Company’s products many years ago.

Currently there are thousands of…

ASBESTOS UPDATE: Exposure Lawsuits Ongoing Against Sunoco Inc.

Legal proceedings are pending or may be brought against Sunoco, Inc. arising out of its current and past operations, including matters related to allegations of exposures of third parties to toxic substances (like asbestos or benzene) and general environmental claims.

No…

ASBESTOS UPDATE: Wabtec, Affiliates Still Facing Exposure Claims

Claims have been filed against Westinghouse Air Brake Technologies Corporation and certain of its affiliates in various jurisdictions across the United States by persons alleging bodily injury as a result of exposure to asbestos-containing products.

Most of these claims have been…

ASBESTOS UPDATE: Burlington Northern Still Facing Exposure Cases

Burlington Northern Santa Fe, LLC continues to be party to personal injury claims by employees and non-employees who may have been exposed to asbestos.

The heaviest exposure for Company employees was due to work conducted in and around the use of…

ASBESTOS UPDATE: Mo. Court Denies Various Motions in Martin Case

The U.S. District Court, Eastern District of Missouri, Eastern Division, denied various motions in a case involving asbestos styled Edwin C. Martin, Jr., et al., Plaintiffs v. James P. Holloran, et al., Defendants.

District Judge Audrey G. Fleissig entered judgment in…

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