Litigation (Tables)

12 Months Ended

Dec. 31, 2015

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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 two years ended December 31, 2015 and 2014:

	2015			2014
Total claims pending at the beginning of the period		8,457			8,319
New claims served		1,424			1,466
Claims dismissed		(3,339	)		(1,094	)
Claims settled		(330	)		(234	)
Total claims pending at the end of the period (1)		6,212			8,457
Gross settlement and defense costs (in 000’s)	$	19,199		$	20,801
Average gross settlement and defense costs per claim resolved (in 000’s)	$	5.23		$	15.66

(1) Included as “open claims” are approximately 430 and 1,647 claims in 2015 and 2014, 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 for each of the years ended December 31, 2015 and 2014.

	2015			2014
Insurance receivable – asbestos, beginning of the year	$	140,651		$	110,741
Settlement and defense costs paid by insurance carriers		(15,228	)		(17,159	)
Changes in estimated coverage		0			47,069
Insurance receivable – asbestos, end of the year	$	125,423		$	140,651