Request Legal Help Now - Free


Federal Insurance Co.

This is a settlement for the Asbestos Mesothelioma lawsuit.

New York, NY: (Mar-26-07) Quaker Chemical Corp.'s Quaker's SB Decking Inc. subsidiary filed suit against Federal Insurance Co. over whether Federal was liable to cover certain asbestos claims brought against SB Decking. In a settlement reached, Federal Insurance Co. agreed to pay $20 million to settle the asbestos insurance issue. The amount will be paid in four installments. Federal sought to be released from all future liability. Quaker will use the money to pay defense and indemnity costs related to asbestos claims against SB Decking. [BUSINESS WEEK: ASBESTOS INSURANCE]

Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please fill in our form.
Published on Mar-28-07


Fields marked * are mandatory. Please read our comment guidelines before posting.


Note: Your name will be published with your comment.

*Email Address:

Your email will only be used if a response is needed.
*Your Comment:

Are you the defendant or a subject matter expert on this topic with an opposing viewpoint? We'd love to hear your comments here as well, or if you'd like to contact us for an interview please submit your details here.

Request Legal Help Now! - Free