Posted by Andrew S. Wainwright on Jan 6, 2015 3:54:00 PM The $500 million dollar settlement to pay asbestos victims agreed to twelve years ago by Travelers Insurance has been confirmed by the Second Circuit Court of Appeals. Travelers agreed to settle their obligations to asbestos victims under policies written for their insured Johns-Manville Corp.… Read More

Posted by Andrew S. Wainwright on Jul 22, 2014 2:17:00 PM A unanimous 2nd Circuit Court of Appeals panel today ordered Travelers Insurance to pay asbestos victims more than $500 million to comply with a settlement Travelers first agreed to in 2003. Travelers was the primary insurance carrier for Johns-Manville Corporation, once the world’s largest… Read More

Posted By: Andrew S. Wainwright, Esq. on Feb 11, 2013 2:30:00 AM On January 10, 2013, the United States Court of Appeals for the 2nd Circuit heard oral arguments on the fate of Travelers $510,000,000 asbestos settlement. The statutory direct action settlement counsel had appealed the district court’s March 1, 2012, order which had overturned the settlement.… Read More