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1898 The Chief
Inspector of Factories of the United Kingdom reports to Parliament in his
Annual Report about the "evil effects of asbestos
dust".
He reports the "sharp, glass like nature of the particles"
when allowed to remain in the air in any quantity, "have been found to be
injurious.
1918 An
American insurance incorporation produces a study showing premature deaths in
the asbestos
industry in America.
Members of the nonoccupationally exposed
population have tens of
thousands to hundreds of thousands of asbestos fibers in each gram of dry lung
tissue, which translates into
millions of fibers and tens
of thousands of asbestos fibers in the lungs of every
person.
Asbestos causes asbestosis, mesothelioma and lung cancer the
incidence of which is increased by
tobacco
smoking.
1980 In August a formal study group
of insiders, called the "Asbestos Working Party," is established at
Lloyd's to formulate a strategy to deal with the
ever-growing and
ever-more-difficult to conceal problem of asbestos claims.
In
October the United States Court of Appeals for the Sixth circuit announced its
decision in INA v. Forty-Eight Insulations, Inc. holding that every
exposure to asbestos fibers was a
separate harm, and that every insurer along the way
during the entire period of
exposure, which might be twenty years or more, had a duty to
defend and
indemnify.
1999 15,000 tons of asbestos
contaminated soil remain at a Libby,
Montana site which processed vermiculite ore beginning in 1948.
A
health study of residents showed residents have a much higher incidence of
pleural thickening and lung
scarring from asbestos exposure than the
general public.
18% of the nearly 5600 adults examined had pleural thickening or lung
scarring.
The national average for people not exposed to asbestos is
between 0.2% to 2.3%.
Of the
328 former mine employees
tested, 159, or 48% showed lung scarring.
Many of the village women
who were diagnosed with these asbestos related ailments reportedly came into
contact with asbestos fibers while washing their husband's work clothes.
2001
RAND Institute for Civil
Justice published its asbestos litigation study labeled "Asbestos
Litigation in the US: A New Look at an Old Issue."
- Over 500,000
claimants have filed suit to date;
- At least 5 firms have had 300,000
- 500,000 claims each;
- The number of mesothelioma claims began to
increase in the mid-1990s;
- US Insurers have to date paid $21.6 billion
for asbestos personal
injury claims;
- 27 million people in the US were
exposed to asbestos
occupationally from 1940 - 1979.
September 11,
2001 The WTC Towers were built between 1968 to
1972.
A slurry mixture of
asbestos and cement was sprayed on as fireproofing material.
This
practice was banned by the New York City Council in 1971.
The collapse
of the twin towers releases a plume containing 400 tons of pulverized asbestos
and other hazardous materials across lower Manhattan.
The Twin Towers
had large amounts of asbestos fireproofing which would have necessitated costly
removal had they remained standing.
Some sense of the cost of removing
the asbestos from the Twin Towers can be obtained by the example of 55 Broad
Street.
The removal of asbestos in that building cost $70 million when
it was empty, five times the cost of the building's construction 15 years
before.
An estimated 410,000 to 525,000 people, including more than
90,000 workers, were exposed to the
toxic dust during the rescue, recovery and cleanup efforts that followed
the attack.
A region of several square miles was blanketed by a fine
powder.
This powder, consisting of the pulverized remains of
non-metallic elements and contents of the Towers, contained significant
percentages of asbestos.
The World Trade Center
dust consisted of approximately:
50% nonfibrous construction materials;
40% glass and other
fibers;
9.2% cellulose from disintegrated paper;
4%
asbestos.
Asbestos Exposure and 9/11.
Towers' Destruction 'Solved' Asbestos
Problem
2005 Economic consulting firm, Bates White, completes a review
of the "Fairness in Asbestos Injury Resolution Act" (FAIR) and found
that the planned $140 billion trust fund which would be set up to pay
asbestos personal injury claims would
be insolvent within
three years.
The firm estimates the range of claim payouts under the
plan would generate between $300 billion and $695 billion of claims.
The US Department of Justice and the EPA announced that a
federal grand jury in the District
of Montana has indicted WR Grace and seven current and former Grace executives
for knowingly endangering residents of Libby, Montana, and concealing
information about the health affects of its asbestos mining operations.
According to the indictment, WR Grace and its executives, as far back
as the 1970's, attempted to hide the fact that toxic asbestos was present in
vermiculite products.
The government
claims the corporation's own medical studies of its miners created a paper
trail that will prove the charges of
wire fraud,
obstruction of
justice, conspiracy and
violations of the Clean Air Act.
"Our major problem is death from respiratory cancer."- note by WR Grace
executive Henry A. Eschenbach in 1982
2009 The
defendants are acquitted in the Libby, Montana case.
List of
Solvent and Active Trust Fund Companies
A-Best Products — A-Best
Asbestos Settlement Trust A.P. Green Industries — APG Asbestos Trust
A.B.B. Global Inc. — Lummus 524(g) Asbestos Personal Injury Trust A&I
Corporation — A&I Corporation Asbestos Bodily Injury Trust A, C &
S Inc. — A, C & S Asbestos Settlement Trust API, Inc. — API, Inc.
Asbestos Settlement Trust Armstrong World Industries — AWI Inc. Asbestos
Personal Injury Settlement Trust ARTRA Group — ARTRA 524(g) Asbestos Trust
Asarco, Inc. — ASARCO LLC Asbestos Personal Injury Settlement Trust
Asbestos Claims Management Corp./National Gypsum Company — NGC Bodily
Injury Trust Babcock & Wilcox Company — Babcock & Wilcox Asbestos
Trust Bondex — Bondex Trust Burns & Roe Enterprises Inc. — Burns
& Roe Asbestos Personal Injury Settlement C.E. Thurston & Sons —
C.E. Thurston & Sons, Inc. Asbestos Trust Celotex Corporation/Carey Canada,
Inc. — Celotex Asbestos Settlement Trust Combustion Engineering —
Combustion Engineering 524(g) Asbestos Personal Injury Trust Congoleum
Corporation — Congoleum Plan Trust Dresser Industries — DII
Industries LLC Asbestos Personal Injury Trust Eagle Pitcher Corporation —
Eagle Pitcher Industries Personal Injury Settlement Trust Federal Mogul Corp.
— Federal Mogul U.S. Asbestos Personal Injury Ferodo — Federal-Mogul
Asbestos Personal Injury Trust – Ferodo Subfund Flexitallic —
Federal-Mogul Asbestos Personal Injury – Flexitallic Subfund Flintkote
Co./Flintkote Mines Ltd. — Flintkote Company and Flintkote Mines Limited
Asbestos Personal Injury Trust
General Motors
— MLC Asbestos Personal Injury Trust Global Industrial Technologies
(Harbison-Walker) — DII Industries LLC Asbestos Personal Injury Trust G-1
Holdings — G-1 Asbestos Settlement Trust Hercules Chemical — Hercules
Chemical Company Inc. Asbestos Settlement Trust H.K. Porter Co. Ltd. —
H.K. Porter Asbestos Trust J.T. Thorpe (C.D. Cal) — J.T. Thorpe Settlement
Trust J.T. Thorpe (S.D. Tex.) — J.T. Thorpe Company Successor Trust
Johns-Manville Corp./Philadelphia Asbestos Corp. (Pacor) — Manville
Personal Injury Settlement Trust Kaiser Aluminum Corp. — Kaiser Asbestos
Personal Injury Trust Keene Corp. — Keene Creditors Trust Kentile —
Metex Asbestos Personal Injury Trust Leslie Controls — Leslie Controls,
Inc. Asbestos Personal Injury Trust MacArthur Co./Western Asbestos Company
— Western Asbestos Settlement Trust National Gypsum — NGC Bodily
Injury Trust North American Refractories Co. (NARCO) — North American
Refractories Company Asbestos Personal Injury Settlement Trust Owens Corning
— Owens Corning Fiberboard Asbestos Personal Injury Pittsburgh Corning
— Pittsburgh Corning Corporation Asbestos Personal Injury Trust Plant
Insulation Company — Plant Insulation Company Asbestos Settlement Trust
Pilbrico Co. — Pilbrico Asbestos Trust Porter-Hayden Co.—
Porter-Hayden Bodily Injury Trust Quigley Co. — Quigley Co. Inc. Asbestos
Personal Injury Trust Raymark Corp. Raytech Corp. — Raytech Corporation
Asbestos Personal Injury Settlement Trust Shook & Fletcher Insulation Co.
— Shook & Fletcher Asbestos Settlement Trust T.H. Agriculture &
Nutrition — T.H. Agriculture & Nutrition LLC. Asbestos Personal Injury
Trust Thorpe Insulation Co./Pacific Insulation Co. — Thorpe Insulation
Company Asbestos Personal Injury Settlement Trust Turner & Newall —
Federal-Mogul Asbestos Personal Injury Trust – Turner & Newall Subfund
United States Gypsum Co./USG Corp. — United States Gypsum Asbestos
Personal Injury Settlement Trust United States Mineral Products — U.S.
Mineral Products Company Asbestos Personal Injury Settlement Trust UNR
Industries/UNARCO Industries Inc. — UN Asbestos-Disease Personal Injury
Trust W.R. Grace & Co. — WRG Asbestos Personal Injury Trust Yarway
— Yarway Asbestos Personal Injury Trust
https://www.asbestos.net/legal/asbestos-trust-funds/list-of-companies/ |
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