asbestos claims News

Milliman: Black-Lung Liabilities Top $9 Billion as Coal Industry Shrinks

The U.S. coal industry may be shrinking rapidly as the country shifts to renewable energy, but insurers’ and self-insured companies’ liabilities for black-lung occupational disease claims have ballooned – to an estimated $9 billion and perhaps more than $14 billion. …

Reinsurers Not Liable for Defense Costs Exceeding Policy Limits

Two reinsurers that shared part of the risk on a $25 million umbrella policy issued to a New York manufacturer nearly five decades ago are not liable for defense costs in addition to the policy limits, the 2nd Circuit Court …

Mass. High Court Applies 6-Year Limit to Asbestos Illness Claims

The Massachusetts Supreme Judicial Court has ruled that a statute of repose barring many construction-related personal injury claims after a time limit of six years also applies to claims involving diseases with extended latency periods, such as asbestos-related illnesses. The …

Controlling the Defense in Massachusetts

In One Beacon America Insurance Co. v. Celanese Corp., 94 Mass. App. Ct. 382, 84 N.E.3d 867 (Mass. App. 2017), the Massachusetts Court of Appeals held that insurance companies have the right to control the defense of the insured after …

Special Court Will Oversee Hundreds of Deadly Montana Asbestos Claims

The Montana Supreme Court on Tuesday ordered the creation of a special court to oversee hundreds of claims filed on behalf of people who became ill or died following exposure to asbestos from the now-closed W.R. Grace Inc. vermiculite mine …

Ohio Court Searches for Heirs in $2M Travelers Asbestos Claim Payout

A northeast Ohio court is trying to track down for heirs to hundreds of rubber workers who died or became very ill because of exposure to asbestos as it looks to pay out about $2 million in legal claims. Heirs …

EnPro, Garlock Agree to $480M Settlement for Asbestos Claims

EnPro Industries Inc said it has agreed to a $480 million settlement to resolve current and future personal injury claims related to its asbestos-lined gaskets used in pipes, valves and other industrial applications. The settlement was between EnPro, its now …

Study Reveals Significant Inconsistencies in Claims to Asbestos Bankruptcy Trusts

A new, first-of-its-kind study of claims made to asbestos bankruptcy trusts shows widespread inconsistencies in the information single asbestos plaintiffs provide to the different trusts. These trusts currently hold over $30 billion in assets. Despite these “red flags” and the …

Hidden Garlock Asbestos Claim Evidence Will be Evaluated at Court Hearing

Whether Garlock Sealing Technologies LLC, plaintiffs’ lawyers, or both are responsible for suppressing evidence related to asbestos claims against an EnPro Industries Inc. unit is a question to be decided Dec. 4 at a hearing in U.S. Bankruptcy Court in …

Garlock Creditors Oppose Bankruptcy Asbestos Plan Proposal

The official committee representing creditors with asbestos claims against Garlock Sealing Technologies LLC will urge its constituents to vote against the company’s reorganization plan, even though Garlock said it pays claimants in full. The official representative of future asbestos claimants, …