Have Insurers Paid Too Much for Asbestos and Other Toxic Torts? August 17, 2022 By William Wilt and Kirk Hartley Have insurers and defendants been overpaying for asbestos liability claims? Are there other ongoing toxic torts where that might be...
Inside J&J’s Secret Plan to Cap Litigation Payouts to Cancer Victims February 8, 2022 By Mike Spector and Dan Levine NEW YORK — Johnson & Johnson created a plan last year to limit the financial bleeding from billions of dollars...
Business Group Targeting ‘Lawsuit Abuse’ in Illinois December 15, 2014 A national business group has begun a campaign to shine a spotlight on what it calls “systemic lawsuit abuse” in...
Judge Denies Claimants’ Bid to Reopen Garlock Asbestos Settlement December 15, 2014 By Sherri Toub Garlock Sealing Technologies LLC, the EnPro Industries Inc. unit that filed Chapter 11 in June 2010 to address asbestos claims,...
Chartis to Shift Asbestos Liabilities to Berkshire’s National Indemnity April 20, 2011 American International Group said today that its global property/casualty insurer Chartis will transfer the bulk of its legacy asbestos liabilities...