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…
The Court of Appeals of Texas, Amarillo, Panel A, affirmed the ruling of the 22nd District Court of Deaf Smith County, which awarded damages to Asbestos Maintenance Services, Inc. (AMS) in an amount of US$120,883.95.
The case is styled Concept General…
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,…
The U.S. District Court, Southern District of Mississippi, Jackson Division, denied Willie R. Harried and Joyce M. Harried’s motion to remand in a case styled Willie R. Harried and Wife, Joyce M. Harried, Plaintiffs v. Forman Perry Watkins Krutz &…
PPG Industries, Inc.’s asbestos settlement (under current liabilities) amounted to US$575 million as of Sept. 30, 2011, compared with US$563 million as of Sept. 30, 2010, according to a Company press release dated Oct. 20, 2011.
Net asbestos settlement was US$3…
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…
Union Pacific Corporation’s asbestos-related liability amounted to US$155 million for the nine months ended Sept. 30, 2011, compared with US$166 million for the nine months ended Sept. 30, 2010, according to the Company’s quarterly report filed on Oct. 21, 2011…
The Court of Appeals of Washington, Division 1, upheld the ruling of the King County Superior Court, which granted summary judgment dismissal of Wietold Siemienec’s claims against APV North America, Inc.
The Appeals Court also reversed the trial court’s decision to…
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…
The Travelers Companies, Inc. and its subsidiaries continue to be subject to insurance-related asbestos litigation.
In October 2001 and April 2002, two purported class action suits (Wise v. Travelers and Meninger v. Travelers) were filed against Travelers Property Casualty Corp. (TPC)…