ASBESTOS UPDATE: Allstate Posts $1.091-Bil. Reserves at March 31

The Allstate Corporation’s asbestos claims reserves were US$1.091 billion during the three months ended March 31, 2011, compared with US$1.1 billion during the 12 months ended Dec. 31, 2010.

About 61% and 60% of the total net asbestos and environmental reserves…

ASBESTOS UPDATE: Hartford Posts $1.78-Bil Dec. 31 Net Liability

The Hartford Financial Services Group, Inc.’s net asbestos-related liability amounted to US$1.787 billion during the year ended Dec. 31, 2010, compared with US$1.892 billion during the year ended Dec. 31, 2009.

The Hartford Financial Services Group, Inc. is an insurance and…

ASBESTOS UPDATE: AIG Records 4,933 Claims at Dec. 31

American International Group, Inc. recorded 4,933 asbestos claims for the year ended Dec. 31, 2010, compared with 5,417 claims for the year ended Dec. 31, 2009.

For the year ended Dec. 31, 2010, the Company recorded 502 claims opened, 247 claims…

ASBESTOS UPDATE: Eaglestone Agreement With NICO Entered April 19

Eaglestone Reinsurance Company, a subsidiary of American International Group, Inc., and National Indemnity Company, a subsidiary of Berkshire Hathaway, Inc., entered into a Master Transaction Agreement on April 19, 2011, under which, at closing, Eaglestone and NICO will enter into…

ASBESTOS UPDATE: Argo Group Records $82.7MM Net Reserves for A&E

Argo Group International Holdings, Ltd.’s net loss reserves for asbestos and environmental claims amounted to US$82.7 million during the year ended Dec. 31, 2010, compared with US$93 million during the year ended Dec. 31, 2009.

Gross loss reserves for A&E claims…

ASBESTOS UPDATE: AIG Posts $2.223-Bil. Net Liability at Dec. 31

American International Group, Inc.’s net asbestos liability for unpaid claims and claims adjustment expense was US$2.223 billion for the year ended Dec. 31, 2010, compared with US$1.151 billion for the year ended Dec. 31, 2009.

The Company’s gross asbestos liability for…

ASBESTOS UPDATE: United Fire Has $3.4MM A&E Reserves at Dec. 31

United Fire & Casualty Company had US$3.4 million at Dec. 31, 2010, and US$3.8 million at Dec. 31, 2009, in direct and assumed asbestos and environmental loss reserves.

In addition, the Company had ceded asbestos and environmental loss reserves of US$500,000…

ASBESTOS UPDATE: Everest Re Has Net Reserves of $532.9MM for A&E

Everest Re Group, Ltd.’s net reserves for asbestos and environmental claims were US$532.9 million during the year ended Dec. 31, 2010, compared with US$613.1 million during the year ended Dec. 31, 2009.

The Company’s gross reserves for A&E claims were US$554.8…

ASBESTOS UPDATE: Markel Cites $270.3MM Gross Reserves at Dec. 31

Markel Corporation’s gross asbestos-related reserves were US$270.3 million and net asbestos reserves were US$154.4 million at Dec. 31, 2010, according to the Company’s annual report filed with the Securities and Exchange Commission on Feb. 28, 2011.

Net reserves for reported claims…

ASBESTOS UPDATE: Old Republic’s Net Reserves for A&E at $145MM

Old Republic International Corporation’s net asbestosis and environmental claim reserves amounted to US$144.9 million at Dec. 31, 2010, compared with US$136.9 million at Dec. 31, 2009.

The Company’s gross A&E claim reserves amounted to US$195.7 million at Dec. 31, 2010, compared…

Page 4 of 19« First...«23456»...Last »