Travelers Settles Some Asbestos Class Actions
NU Online News Service, Nov. 21` 2:55 p.m. EST?Travelers Property Casualty Corp. announced today that it has executed an agreement in principle to settle asbestos class actions that sought damages from the company for using illegal practices to delay settling claims. [@@]
Terms of the settlement at the present time are confidential under federal bankruptcy mediation rules, Travelers said.
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