Honeywell International Inc. says that about US$200 million of unsettled asbestos coverage under certain policies is included in its North American Refractories Company (NARCO)-related insurance receivable at June 30, 2010.
In the second quarter of 2006, Travelers Casualty and Insurance Company…
MYR Group Inc. continues to be subject to asbestos-related claims concerning historic operations of a predecessor affiliate, according to the Company’s quarterly report filed on May 10, 2010 with the Securities and Exchange Commission.
The Company said it believes that it…
Bel Fuse Inc.’s wholly owned subsidiary, Cinch, is a defendant in an asbestos lawsuit captioned Engelbrecht v. Motorola, et al. brought in the Circuit Court of the State of Oregon for the County of Douglas on Jan. 10, 2010.
With respect…
The U.S. District Court, Eastern District of Pennsylvania, dismissed an asbestos case filed by Ruth Shamir against Hewlett- Packard and Agilent Technologies (collectively “HP”).
The case is styled Ruth Shamir, Plaintiff v. Agilent Technologies, Inc., et al., Defendants.
District Judge Eduardo C.…
The U.S. District Court, Southern District of Indiana, Terre Haute Division, denied Foster Wheeler LLC’s motion to strike and dismiss Paragraph 27 of Dennis and Suzanne Crowder’s asbestos- related complaint.
The case is styled Dennis Crowder and Suzanne Crowder, Plaintiffs v.…
Magnetek, Inc. and multiple other defendants continue to face asbestos-related lawsuits associated with business operations previously acquired by the Company, but which are no longer owned.
During the Company’s ownership, none of the businesses produced or sold asbestos-containing products. With respect…
Cooper Industries plc’s asbestos receivable for recoveries of costs from insurers, as of Sept. 30, 2009, amounted to US$180 million, of which US$68.8 million relate to costs previously paid or insurance settlements.
The Company’s asbestos receivable for recoveries of costs from…
Cooper Industries plc, as of Sept. 30, 2009, estimates that the undiscounted asbestos liability for pending and future indemnity and defense costs for the next 45 years will be US$797 million.
As of June 30, 2009, the Company estimated that the…
The U.S. District Court for the District of Delaware, denied the Motions to Remand filed by Dennis Kirks and Janice Wiersma in asbestos litigation filed against General Electric Company.
The cases are styled Wilbert Kirks and Dennis Kirks, Plaintiffs v. General…
Tyco International Ltd. and its subsidiaries, as of Sept. 25, 2009, faced 4,200 pending asbestos-related lawsuits, according to the Company’s annual report filed with the Securities and Exchange Commission on Nov. 17, 2009.
As of June 26, 2009, the Company faced…