asbestos liability News
Fitch Ups Maximum Estimate of Asbestos Exposure Industry Insured Losses
Fitch Ratings boosted its maximum estimate of asbestos exposure ultimate industry insured losses to $90 billion, a $5 billion hike. "Incurred losses continue to materialize, tied partly to losses ...
Material Asbestos Losses to Continue Unabated: AM Best
Industry losses from asbestos and environmental claims grew 12 percent in 2012, after a 31 percent decline in 2011, A.M. Best reported Monday. Although a special report by the Oldwick, N.J.-based ...
Analysis: Why Bankrupt W.R. Grace Is Thriving
A company stuck in bankruptcy for 12 years may not seem like much of a catch, but investors have fallen in love with U.S. specialty chemical manufacturer W.R. Grace & Co and its surging sales to ...