ASBESTOS UPDATE: American Fin’l. Unit Party to A.P. Green Action

American Financial Group, Inc.’s Great American Insurance Company subsidiary is party to asbestos-related litigation involving A.P. Green.

Great American Insurance Company entered into an agreement in 2003, which was approved by the Bankruptcy Court, for the settlement of coverage litigation related…

ASBESTOS UPDATE: Summary Judgment Denied in Fireman’s Fund Case

The U.S. District Court, Northern District of Ohio, Western Division, denied Hartford Accident and Indemnity Company’s motion for partial summary judgment in a case styled Fireman’s Fund Insurance Company, Plaintiff v. Hartford Accident and Indemnity Company, Defendant/Third-Party Plaintiff v. Dana…

ASBESTOS UPDATE: Argo Group Reserves $81.7MM at March 31 for A&E

Argo Group International Holdings, Inc.’s net loss reserves for asbestos and environmental claims amounted to US$81.7 million as of March 31, 2011, compared with US$83.9 million as of March 31, 2010.

The Company’s gross loss reserve for A&E claims amounted to…

ASBESTOS UPDATE: MetLife Receives 1,123 New Claims at March 31

MetLife, Inc.’s Metropolitan Life Insurance Company subsidiary received about 1,123 new asbestos-related claims during the three months ended March 31, 2011, compared with 1,180 claims during the three months ended March 31, 2010.

MLIC recorded 68,513 asbestos injury claims during the…

ASBESTOS UPDATE: Hanover Posts $63.9MM A&E Reserves at March 31

The Hanover Insurance Group, Inc. recorded asbestos and environmental reserves of US$63.9 million as of March 31, 2011, compared with US$68.4 million as of Dec. 31, 2010, according to the Company’s quarterly report filed with the Securities and Exchange Commission…

ASBESTOS UPDATE: Everest Reserves $517.4MM at March 31 for A&E

Everest Re Group, Ltd.’s net reserves for asbestos and environmental exposures amounted to US$517.4 million during the three months ended March 31, 2011, compared with US$600.2 million during the three months ended March 31, 2010.

The Company’s gross reserves for A&E…

ASBESTOS UPDATE: Old Republic’s Reserves at $142.6MM at March 31

Old Republic International Corporation’s net asbestosis and environmental claim reserves were US$142.6 million as of March 31, 2011, compared with US$144.9 million as of Dec. 31, 2010.

The Company’s gross asbestosis and environmental claim reserves were US$191.5 million as of March…

ASBESTOS UPDATE: American Int’l. Posts 5,138 Claims at March 31

American International Group, Inc. recorded 5,138 asbestos-related claims during the three months ended March 31, 2011, compared with 5,208 claims during the three months ended March 31, 2010.

The Company recorded 4,933 asbestos claims for the year ended Dec. 31, 2010,…

ASBESTOS UPDATE: Court Junks Royal’s Motion for Summary Judgment

The U.S. District Court, Middle District of Louisiana, denied Royal Indemnity Company’s bid for partial summary judgment in a case involving asbestos styled Anco Insulations, Inc., A Louisiana Corporation v. Royal Indemnity Company, A Delaware Corporation, et al.

District Judge Brian…

ASBESTOS UPDATE: American Int’l. Posts $2.199-Bil. Net Liability

American International Group, Inc.’s net asbestos liability for unpaid claim and claim adjustment expense was US$2.199 billion for the three months ended March 31, 2011, compared with US$1.105 billion during the three months ended March 31, 2010.

The Company’s net asbestos…

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