LOEWS CORP: CNA Reserves $240M for Envt’l. Pollution at June 30

Loews Corporation’s subsidiary CNA Financial Corporation’s environmental pollution claim and claim adjustment expense reserves were US$240 million as of June 30, 2009, compared with US$262 million as of Dec. 31, 2008.

As of June 30, 2009, CNA had 466 policyholders for…

METLIFE INC: EME Homer Indemnifying MLIC Entity Against Claims

MetLife, Inc., in its latest annual report filed with the U.S. Securities and Exchange Commission, said that it is holding EME Homer City Generation L.P. to its obligation to indemnify Homer City OL6 LLC, an entity owned by Metropolitan Life…

CNA FINANCIAL: Has $194M Claim Reserves for Envtl. Pollution

CNA Financial Corp., as of Sept. 30, 2008, has about US$194 million of claim and claim adjustment expense reserves for environmental pollution claims, compared with US$242 million at Dec. 31, 2007.

The Company recorded US$3 million of unfavorable environmental pollution net…

HARTFORD FINANCIAL: Has $287M Reserves for Environmental Matters

The Hartford Financial Services Group, Inc., at Sept. 30, 2008, recorded reserves of US$287 million for environmental liabilities relating primarily to pollution and related cleanup costs.

The Company continues to receive environmental claims, and has written several different categories of insurance…

COVANTA HOLDING: Study of Lower Passaic River Area Continues

Covanta Holding Corporation’s subsidiary, Covanta Essex Company, remains a potentially responsible party regarding the remedial investigation and feasibility study (RI/FS) at the Lower Passaic River Study Area.

In August 2004, the Environmental Protection Agency notified Essex that it was potentially…

COVANTA HOLDING: Haverhill Settles Liabilities over Beede Site

Covanta Holding Corporation’s subsidiary, on Oct. 1, 2008, resolved its liability related to the remediation of the Beede Waste Oil Superfund site in Hew Hampshire.

In June 2001, the Environmental Protection Agency named subsidiary Covanta Haverhill Inc., as a potentially…

ALLSTATE CORP: Has $223M Environmental Claims Reserve at June 30

The Allstate Corporation, at June 30, 2008, has US$223 million reserves for environmental claims, net of reinsurance recoverables of US$103 million.

At Dec. 31, 2007, the Company’s reserves for environmental claims were US$232 million, net of reinsurance recoverables of US$107…

AMERICAN INT’L: Has $221M Loss Reserve for Environmental Matters

American International Group, Inc., at June 30, 2008, had a net reserve of US$221 million for losses and loss expenses related to environmental matters, compared to US$258 million at June 30, 2007.

At June 30, 2008, the Company estimated US$117 million,…

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