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: Travelers Still Has Insurance-Related Lawsuits

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)…

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: Ill. Court Affirms Sublett’s Motion to Remand

The U.S. District Court, Southern District of Illinois, granted a motion to remand filed by Joseph Sublett and Virginia A. Sublett in an asbestos case filed against General Electric Company.

The case is styled Joseph Sublett, et al., Plaintiffs v. Air…

ASBESTOS UPDATE: Del. Supreme Court OKs Ruling in Price Lawsuit

The Supreme Court of Delaware upheld the ruling of the Superior Court of the State of Delaware, in and for New Castle County, which denied Patricia Price’s Motion to Amend her household asbestos exposure complaint as futile.

The case is styled…

ASBESTOS UPDATE: Ill. Appeals Court Flips Ruling in Holmes Case

The Appellate Court of Illinois, Fourth District, reversed the ruling of the Circuit Court of McLean County, in an asbestos- related lawsuit filed Roger Holmes on behalf of Jean Holmes.

The case is styled In re the Estate of Jean Holmes,…

ASBESTOS UPDATE: Whisnant Asbestos Case to Continue Another Year

The retrial of an asbestos lawsuit filed on behalf of refinery worker, Willis Whisnant Jr., against DuPont De Nemours has been continued for another year, The Southeast Texas Record reports.

Since 2007, the Southeast Texas Record has reported on the asbestos…

ASBESTOS UPDATE: Partial Summary Judgment OK’d in Bowser Action

The Superior Court of Delaware, New Castle County, granted in part and denied in part, Parker-Hannifin Corporation’s motion for summary judgment in an asbestos case filed by Gerald Bowser.

Judge Peggy L. Ableman entered judgment in Civil Action No. N10C- 05-104…

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