ASBESTOS UPDATE: Court OKs Dismissal of Federal-Mogul Trust Case

The U.S. Court of Appeals, Sixth Circuit, upheld the ruling of the U.S. District Court for the Eastern District of Michigan, which dismissed a complaint filed by Federal-Mogul U.S. Asbestos Personal Injury Trust.

The case is styled Federal-Mogul U.S. Asbestos Personal…

ASBESTOS UPDATE: N.Y. Court Reverses Ruling in Continental Case

The Supreme Court, Appellate Division, First Department, New York, reversed the ruling of the Supreme Court, New York County, in a case involving asbestos styled Continental Casualty Company, et al., Plaintiffs-Appellants-Respondents v. Employers Insurance Company of Wausau, et al., Defendants-Respondents-Appellants,…

ASBESTOS UPDATE: Pa. Court Issues Ruling in General Refractories

The U.S. District Court, Eastern District of Pennsylvania, issued rulings in an asbestos case styled General Refractories Company v. First State Insurance Co., et al. (Lexington Insurance Company) (AIU Insurance Company).

District Judge Ludwig entered judgment in Civil Action No. 04-3509…

ASBESTOS UPDATE: N.C. Court Reverses Decision in Johnson Lawsuit

The Court of Appeals of North Carolina reversed the ruling of the North Carolina Industrial Commission in a lawsuit involving asbestos styled Edith L. Johnson, Widow and Sole Dependent of Russell L. Johnson, Deceased Employee, Plaintiff v. Covil Corporation, Employer,…

ASBESTOS UPDATE: N.Y. Court Enters Judgment in Continental Case

The Supreme Court, Appellate Division, First Department, New York, issued rulings in a case involving asbestos styled Continental Casualty Company, et al., Plaintiffs-Appellants-Respondents v. Employers Insurance Company of Wausau, et al., Defendants- Respondents-Appellants, Robert A. Keasbey Company, a corporation dissolved…

ASBESTOS UPDATE: Peirce, Lumbermens Mutual Settled Defense Claim

Robert Peirce, Esq., an attorney from Pittsburgh, and Lumbermens Mutual Casualty Company, on Aug. 18, 2011, settled an asbestos- related dispute over payment for his defense against fraud and racketeering claims of CSX Transportation, The West Virginia Record reports.

On Aug.…

ASBESTOS UPDATE: Hanover Records $65.4MM A&E Reserves at June 30

The Hanover Insurance Group, Inc.’s asbestos and environmental reserves were US$65.4 million as of June 30, 2011, compared with US$68.4 million as of Dec. 31, 2010, according to the Company’s quarterly report filed on Aug. 9, 2011 with the Securities…

ASBESTOS UPDATE: Everest Re Has $505.1MM June 30 Gross Reserves

Everest Re Group, Ltd., at June 30, 2011, had gross asbestos loss reserves of US$505.1 million, or 95.9%, of total asbestos and environmental reserves, of which US$403.1 million was for assumed business and U $102 million was for direct business.

The…

ASBESTOS UPDATE: MetLife Inc. Gets 2,306 New Claims at June 30

MetLife, Inc.’s Metropolitan Life Insurance Company subsidiary received about 2,306 new asbestos-related claims during the six months ended June 30, 2011 and 2,076 new asbestos-related claims during the six months ended June 30, 2010.

MLIC is and has been a defendant…

ASBESTOS UPDATE: American Fin’l’s June 30 A&E Reserve at $382MM

American Financial Group, Inc. says that, at June 30, 2011, its property and casualty group’s asbestos and environmental reserves was US$382 million, net of reinsurance recoverables.

The Company recently completed the previously announced comprehensive study of its asbestos and environmental exposures…

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