Mealey's Bankruptcy - Excess Insurers To Pay $5.9 Million To Asbestos Trust In Plant Insulation Deals

Mealey's Bankruptcy - Excess Insurers To Pay $5.9 Million To Asbestos Trust In Plant Insulation Deals

SAN FRANCISCO - Two more insurance companies have settled their coverage disputes with Chapter 11 debtor Plant Insulation Co. under agreements approved Aug. 1 by a California federal bankruptcy judge that will add $5.9 million to Plant's asbestos personal injury trust (In re Plant Insulation Company, No. 09-31347, N.D. Calif. Bkcy.).

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