asbestos claims News

Canada to Ban All Products Containing Asbestos by 2018

Canada is moving to ban all products containing asbestos by 2018. The comprehensive ban will include construction materials and brake pads that currently use the cancer-causing agent. Canada closed its last asbestos mines a decade ago, but had obstructed international …

Asbestos Losses Continue to Haunt P/C Insurers: A.M. Best

Net ultimate asbestos losses for the U.S. property/casualty industry have risen once again. They’re now at $100 billion, and that’s $15 billion higher than the previous estimate, according to a new A.M. Best report. A number of factors appear to …

Sports-Related Brain Injuries Are Emerging Risk for US & UK Insurers: S&P Report

Sports-related brain injuries are one of the top emerging insurance claims in the U.S. and the U.K., according to a report published by S&P Global Ratings. While the potential risk of such liability claims is rising rapidly, S&P did not …

EnPro Agrees to $480 Million Settlement of Garlock 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 …

UPenn’s Interdisciplinary Research Seeks to Track Ambler’s Asbestos Legacy

Joe Amento, a lifelong resident of Ambler, Pennsylvania, was 53 when he died of a rare cancer with one main cause — exposure to asbestos. He was fine at Christmas 2002. In January, a pain in his side kept him …

Court Upholds Mississippi Board’s Right to Discipline Silicosis Doctor

Mississippi’s Court of Appeals says the state Board of Medical Licensure can discipline a radiologist for making what a federal judge found to be thousands of “manufactured” lung disease diagnoses. The Court of Appeals on Tuesday reversed a lower court …

Asbestos Claimants Urged to Oppose Garlock Reorganization Plan

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, …

Court Orders Travelers to Pay $500M in Johns-Manville Asbestos Claims

A federal appeals court on Tuesday ordered Travelers Cos. Inc. to pay more than $500 million to satisfy asbestos-related claims stemming from the insurer’s coverage of insulation maker Johns-Manville Corp., a policyholder that spent six years in bankruptcy during the …

Ailing New York Congresswoman McCarthy Sues Over Asbestos Exposure

A New York congresswoman being treated for lung cancer has filed a lawsuit claiming exposure to asbestos as a young woman may have contributed to her disease. Rep. Carolyn McCarthy filed the lawsuit last month in state Supreme Court in …

Settlement Reached in Vermont Asbestos Mine Cleanup

A settlement has been reached with the owner of a former asbestos mine in northern Vermont to help cover the costs of some pollution controls. Vermont Asbestos Group also has agreed to pursue $3.5 million in insurance money that could …