Litigation (Tables)

3 Months Ended

Mar. 31, 2018

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Schedule of Loss Contingencies by Contingency

The following table reflects approximate information about the claims for Asbestos Liability against the subsidiaries and the Corporation for the three months ended March 31, 2018, and 2017 (claims not in thousands):

	Three Months Ended March 31,
	2018			2017
Total claims pending at the beginning of the period		6,907			6,618
New claims served		287			336
Claims dismissed		(112	)		(80	)
Claims settled		(78	)		(88	)
Total claims pending at the end of the period (1)		7,004			6,786
Gross settlement and defense costs (in 000’s)	$	6,881		$	4,888
Avg. gross settlement and defense costs per claim    resolved (in 000’s)	$	36.22		$	29.10

(1) Included as “open claims” are approximately 479 and 445 claims as of March 31, 2018, and 2017, respectively, classified in various jurisdictions as “inactive” or transferred to a state or federal judicial panel on multi-district litigation, commonly referred to as the MDL.

Summary of Activity in Asbestos Insurance Recoveries

The following table summarizes activity relating to insurance recoveries.

	Three Months Ended March 31,
	2018			2017
Insurance receivable – asbestos, beginning of the year	$	100,342		$	115,945
Settlement and defense costs paid by insurance carriers		(4,954	)		(3,626	)
Insurance receivable – asbestos, end of the period	$	95,388		$	112,319