Honeywell International Inc. continues to face Travelers Casualty and Insurance Company’s lawsuit, disputing obligations for North American Refractories Company-related asbestos claims under high excess insurance coverage issued by Travelers and other insurance carriers.
In the second quarter of 2006, Travelers filed…
Honeywell International Inc.’s consolidated financial statements reflect an insurance receivable corresponding to the liability for settlement of pending and future North American Refractories Company-related asbestos claims of US$714 as of March 31, 2011 and US$718 million as of Dec. 31,…
Todd Shipyards Corporation, as of Jan. 2, 2011, has recorded an asbestos-related bodily injury liability reserve of US$2.5 million and a bodily injury insurance receivable of US$1.7 million, according to the Company’s quarterly report filed with the Securities and Exchange…
The U.S. District Court, Eastern District of Pennsylvania, granted Ford Motor Company and Honeywell International Inc.’s request for information contained in the claims submitted Shirley Shepherd to bankruptcy trusts.
The case is styled Shirley Shepherd v. Pneumo-Abex, LLC, et al.
U.S. Magistrates…
The Banoldswick and Earby Times reported that the death of Fred Ideson, a pensioner and a former fireman at a Rolls-Royce plant, was linked to long-term exposure to asbestos, contractorscompare.com reports.
Mr. Ideson died at the age of 72.
A statement made…
Curtiss-Wright Corporation, or its subsidiaries, has been named in a number of lawsuits that allege injury from exposure to asbestos, according to the Company’s quarterly report filed on Aug. 9, 2010 with the Securities and Exchange Commission.
To date, neither the…
Park-Ohio Holdings Corp., at June 30, 2010, was a co-defendant in about 290 cases asserting claims on behalf of about 1,200 plaintiffs alleging personal injury as a result of exposure to asbestos, according to the Company’s quarterly report filed on…
Todd Shipyards Corporation, as of July 4, 2010, has recorded an asbestos bodily injury liability reserve of US$2.8 million and a bodily injury insurance receivable of US$1.9 million.
This compares to a previously recorded bodily injury reserve and insurance receivable of…
Like many other industrial companies in recent years, Precision Castparts Corp. is a defendant in lawsuits alleging personal injury as a result of exposure to chemicals and substances in the workplace, including asbestos.
To date, the Company has been dismissed from…
Jack Atkins on Aug. 9, 2010, filed an asbestos-related lawsuit against 20 defendant corporations in Jefferson County District Court, Tex., The Southeast Texas Record reports.
Mr. Atkins claims he developed an asbestos-related disease different from the other non-malignant asbestos-related disease for…