Plant Insulation Trust Paid $13.7 Million To 306 Asbestos Claimants In 2016

(May 25, 2017, 10:45 AM EDT) -- SAN FRANCISCO — The Plant Insulation Company Asbestos Settlement Trust, which had more than $235 million in net claimants’ equity at the end of 2016, paid 306 of the 1,094 claims received last year and made settlement offers on 459 claims, according to the trust’s annual report filed April 26 in California federal bankruptcy court (In re Plant Insulation Company, No. 09-31347, N.D. Calif. Bkcy.)....

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