ASBESTOS UPDATE: 100 Steam Main Rupture Actions Ongoing v. ConEd

About 100 lawsuits are still pending against Consolidated Edison, Inc. concerning its subsidiary Consolidated Edison Company of New York’s (CECONY) steam main rupture in midtown Manhattan in July 2007.

In July 2007, a CECONY steam main located in midtown Manhattan ruptured.…

ASBESTOS UPDATE: Duke Unit Reserves $954MM for Claims at June 30

Amounts recognized as asbestos-related reserves related to Duke Energy Corporation unit, Duke Energy Carolinas, LLC, in the respective Condensed Consolidated Balance Sheets totaled US$954 million as of June 30, 2010 and US$980 million as of Dec. 31, 2009.

Duke Energy Carolinas…

ASBESTOS UPDATE: Mueller Water Units Party to Exposure Lawsuits

Certain of Mueller Water Products, Inc.’s subsidiaries continue to be named as defendants in asbestos-related lawsuits.

No other asbestos-related matters were disclosed in the Company’s quarterly report filed on Aug. 9, 2010 with the Securities and Exchange Commission.

Atlanta-based Mueller Water Products,…

ASBESTOS UPDATE: ConEd, Units Still Involved in Exposure Actions

Consolidated Edison, Inc. and its subsidiaries — Consolidated Edison of New York, Inc. [CECONY] and Orange and Rockland Utilities, Inc. — continue to be defendants in asbestos-related lawsuits in New York State and federal courts.

Suits have been brought in New…

ASBESTOS UPDATE: 488 Claims Ongoing v. Constellation Energy, BGE

About 488 individuals who were never employees of Constellation Energy Group, Inc. or Baltimore Gas and Electric Company (BGE) have pending asbestos claims each seeking several million dollars in compensatory and punitive damages.

About 482 individuals who were never employees of…

ASBESTOS UPDATE: Pepco Still Party to 180 Md. Actions at June 30

Pepco Holdings, Inc.’s subsidiary, Potomac Electric Power Company, as of June 30, 2010, faced about 180 asbestos-related cases in the State Courts of Maryland, according to the Company’s quarterly report filed on Aug. 6, 2010 with the Securities and Exchange…

ASBESTOS UPDATE: California Water Still Party to Exposure Claims

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 quarterly report filed on Aug. 6, 2010 with the Securities and Exchange Commission.

The Company has been dismissed…

ASBESTOS UPDATE: Theriot Action v. Texaco, Chevron Filed Aug. 12

Lillian Theriot, on behalf of her late husband Wilbert Theriot, on Aug. 12, 2010, filed an asbestos lawsuit against Texaco and Chevron USA in Jefferson County District Court, Tex., The Southeast Texas Record reports.

Court papers show that “throughout the course…

ASBESTOS UPDATE: Lincoln Electric Faces 16,790 Claims at June 30

Lincoln Electric Holdings, Inc., at June 30, 2010, was a co- defendant in cases alleging asbestos induced illness involving claims by about 16,790 plaintiffs, which is a net decrease of four claims from those previously reported.

At March 31, 2010, the…

ASBESTOS UPDATE: Atkins Action v. 20 Firms Filed Aug. 9 in Texas

Jack Atkins on Aug. 9, 2010, filed an asbestos-related lawsuit against 20 defendant corporations in Jefferson County District Court, Tex., The Southeast Texas Record reports.

Mr. Atkins claims he developed an asbestos-related disease different from the other non-malignant asbestos-related disease for…

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