asbestos News

Insurer Sues Montana Over Asbestos Settlement

A Nebraska insurance company has filed a lawsuit against the state of Montana to recover $16 million that was used primarily to cover a sweeping financial settlement of asbestos-related claims from residents of the Superfund town of Libby. The lawsuit …

Minnesota Company Seeks Law Change on Asbestos Claims

A company with three manufacturing plants in southern Minnesota wants a change in state law in order to shield itself from future asbestos claims. Crown Holdings Inc. says its 1963 merger with a rival company left it with assets as …

Two Vermont Towns to Decide on Abandoned Asbestos Mine

Voters in Lowell and Eden are going to vote on whether to request that an abandoned asbestos mine be declared a federal Superfund hazardous waste site so it can be cleaned up and eventually redeveloped as a biomass power plant. …

Report: Recent Advances in Casualty Catastrophe Models Help Insurers

A new report says recent advances in casualty catastrophe modeling can help insurers to understand potential exposures to mass torts. The report, released this month, is titled “The Need for Casualty Catastrophe Models: A Way to Prepare for the ‘Next …

Illinois Judge Pulled from Asbestos Cases Will Return $30K in Donations

A judge who was assigned to hear all of the asbestos cases in her southwestern Illinois county was stripped of those cases after it was revealed her campaign committee received $30,000 in contributions from area law firms specializing in asbestos-related …

N.Y. Court Rules on Asbestos Defense Costs for Primary Insurer

A New York State court ruled last Friday that an asbestos defendant is entitled to full defense from its primary insurer for certain asbestos liabilities, with the primary insurer paying all defense costs for covered claims that are not paid …

Dominion Virginia Power to Appeal Asbestos Exposure Fines

A Dominion Virginia Power spokesman says the company will appeal fines issued by the state over asbestos at its Surry nuclear power plant. The Daily Press says the Department of Labor and Industry ordered Dominion to pay $12,600 in fines …

Workers Exposed to Asbestos at Virginia Plant

At least 12 contract employees hired to repair the Surry nuclear power plant have been exposed to asbestos. State Department of Labor and Industry reports obtained by the Daily Press found that flakes of the cancer-causing substance went airborne in …

Court Approves $43 Million Montana Asbestos Settlement

A Montana judge has approved a $43 million settlement for people sickened by exposure to asbestos from a mine, with a large part of that amount to be paid by Warren Buffett’s Berkshire Hathaway, court documents show. The settlement resolves …

Mississippi Supreme Court Halts Asbestos Case Over Trial Judge

The Mississippi Supreme Court has halted all proceedings in an asbestos case until it determines whether the trial judge should have stepped down. The case resulted in a $322 million verdict. In an order signed Tuesday, Chief Justice Bill Waller …