The Travelers Companies, Inc.’s subsidiary, Travelers Property Casualty Corp. (TPC), continues to be involved in asbestos- related insurance lawsuits filed in various courts.
In October 2001 and April 2002, two purported class action suits (Wise v. Travelers and Meninger v. Travelers)…
CNA Financial Corporation continues to be involved in insurance coverage litigation in New York State Court with a defendant class of underlying plaintiffs who have asbestos bodily injury claims against the former Robert A. Keasbey Company.
The action styled Continental Casualty…
An asbestos insurance lawsuit filed by insurers Continental Casualty and Continental Insurance Co. against 3M Company and other parties is ongoing in Ramsey County, Minn.
On Jan. 5, 2007 the Company was served with a declaratory judgment action filed on behalf…
The Hartford Financial Services Group, Inc.’s net asbestos liability was US$1.845 billion for the three months ended March 31, 2009, according to the Company’s quarterly report filed with the Securities and Exchange Commission on April 30, 2009.
The Company’s net asbestos-related…
The Hartford Financial Services Group, Inc. continues to face actions by asbestos plaintiffs, according to the Company’s quarterly report filed with the Securities and Exchange Commission on April 30, 2009.
These plaintiffs assert that insurers had a duty to protect the…
The Court of Appeal, First District, Division 4, California, upheld the ruling of the San Francisco City and County Superior Court, which denied Sheppard, Mullin, Richter & Hampton, LLP’s special motion to strike, in litigation filed by United States Fire…
CNA Financial Corporation’s net asbestos reserves were US$1.151 billion at March 31, 2009, compared with US$1.202 billion at Dec. 31, 2008, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 4, 2009.
There was no…
The Navigators Group, Inc.’s net loss and loss adjustment expense reserves for asbestos exposures were US$16,836,000 during the three months ended March 31, 2009, compared with US$16,683,000 during the year ended Dec. 31, 2008.
The Company’s gross loss and LAE reserves…
CNA Financial Corporation recorded 1,283 pending asbestos accounts at March 31, 2009, compared with 1,302 accounts at Dec. 31, 2008.
At March 31, 2009, the Company had 59 accounts with settlement agreements, 240 large asbestos accounts, and 984 small asbestos accounts.…
CNA Financial Corporation says that a confirmation hearing on W. R. Grace & Co.’s Plan of Reorganization is currently scheduled to begin in June 2009.
On March 22, 2002, a direct action was filed in Montana by eight individual plaintiffs (all…