ASBESTOS UPDATE: 1,169 Cases Open v. Central Hudson at March 31

CH Energy Group, Inc. says that, as of March 31, 2011, of the 3,327 asbestos cases brought against subsidiary Central Hudson Gas & Electric Corporation, about 1,169 remain pending.

As of Dec. 31, 2010, of the 3,324 asbestos cases brought against…

ASBESTOS UPDATE: ConEd, Units Still Subject to Exposure Lawsuits

Consolidated Edison, Inc. and its Utilities continue to face lawsuits brought in New York State and federal courts, wherein a large number of plaintiffs sought large amounts of compensatory and punitive damages for deaths and injuries allegedly caused by exposure…

ASBESTOS UPDATE: 100 Manhattan Steam Main Actions Open v. ConEd

Consolidated Edison, Inc. is facing about 100 pending suits related to a July 2007 rupture of a steam main located in midtown Manhattan.

The suits seeks unspecified compensatory and, in some cases, punitive damages, for personal injury, property damage and business…

ASBESTOS UPDATE: CenterPoint, Units Still Facing Exposure Cases

CenterPoint Energy, Inc. or its subsidiaries have been named, along with numerous others, as a defendant in lawsuits filed by a number of individuals who claim injury due to exposure to asbestos.

Some facilities owned by the Company contain or have…

ASBESTOS UPDATE: Asbestos Cases Pending Against California Water

From time to time, California Water Service Group has been named as a co-defendant in several asbestos related lawsuits, according to the Company’s annual report filed with the Securities and Exchange Commission on May 5, 2011.

Several of these cases against…

ASBESTOS UPDATE: Midwest Generation Facing 228 Cases at March 31

There were about 228 asbestos cases for which Midwest Generation, LLC was potentially liable and that had not been settled and dismissed at March 31, 2011, according to the Company’s quarterly report filed with the Securities and Exchange Commission on…

ASBESTOS UPDATE: UIL Holdings Corp. Posts $18MM ARO at March 31

UIL Holdings Corporation’s asset retirement obligations, as of March 31, 2011, including estimated conditional AROs, were US$18 million and consisted primarily of obligations related to removal or retirement of asbestos, polychlorinated biphenyl (PCB) contaminated equipment, gas pipeline and cast iron…

ASBESTOS UPDATE: FirstEnergy Still Subject to Exposure Lawsuits

There are various lawsuits, claims (including claims for asbestos exposure) and proceedings related to FirstEnergy Corp.’s normal business operations pending against the Company and its subsidiaries.

No other significant asbestos matters were discussed in the Company’s quarterly report filed with the…

ASBESTOS UPDATE: Enbridge Posts $36.8MM Liabilities at March 31

Enbridge Energy Partners, L.P. has US$36.8 million as of March 31, 2011 and US$44.2 million as of Dec. 31, 2010 included in “Other long-term liabilities” that it has accrued for costs it has incurred.

These costs were incurred primarily to address…

ASBESTOS UPDATE: Exelon Posts $51MM Claims Reserves at March 31

Exelon Corporation’s subsidiary, Exelon Generation Company, LLC, had reserved about US$51 million at March 31, 2011 and US$53 million at Dec. 31, 2010 in total for asbestos-related bodily injury claims.

Generation maintains a reserve for claims associated with asbestos-related personal injury…

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