Why Asbestos Is Still Being Found in Some Cosmetics November 21, 2024 Asbestos, a notorious carcinogen, was in widespread use throughout the 20th century – from building materials to brake pads and...
Honeywell and Asbestos Trust Countersue Over Disputed Claims of $2.3 Billion September 22, 2021 By Steven Church Honeywell International Inc. sued a trust for victims of asbestos poisoning, claiming the fund’s managers are wrongly paying people who...
Opioid and Asbestos Immunity Cases Could Tilt Bankruptcy Scales Away From Victims August 26, 2021 By Jeremy Hill and Steven Church The billionaire owners of OxyContin maker Purdue Pharma LP and lumber giant Georgia-Pacific are in high-stakes legal battles to shed...
Zurich to Shift $2B of UK Legacy Employers’ Liability Policies to Catalina December 17, 2018 Zurich Insurance plc has entered into an agreement with Catalina, a specialist acquirer of legacy insurance portfolios, to transfer its...
RSA Insurance Disposes of £834M ($1B) of UK Legacy Liabilities with Enstar February 8, 2017 RSA Insurance announced it has signed contracts, to dispose £834 million (US$1.04 billion) of UK employers’ liability legacy business to...
Liberty Mutual Inks Reinsurance Deal with Berkshire’s National Indemnity July 18, 2014 By Noah Buhayar Liberty Mutual Insurance said it has reached a deal with National Indemnity Co. (NICO), a subsidiary of Berkshire Hathaway Inc.,...