Litigation (Tables)

12 Months Ended

Dec. 31, 2016

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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, 2016 and 2015:

	2016			2015
Total claims pending at the beginning of the period		6,212			8,457
New claims served		1,452			1,424
Claims dismissed		(782	)		(3,339	)
Claims settled		(264	)		(330	)
Total claims pending at the end of the period (1)		6,618			6,212
Gross settlement and defense costs (in 000’s)	$	17,960		$	19,199
Average gross settlement and defense costs per claim resolved (in 000’s)	$	17.17		$	5.23

(1) Included as “open claims” are approximately 444 and 430 claims in 2016 and 2015, 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, 2016 and 2015.

	2016			2015
Insurance receivable – asbestos, beginning of the year	$	125,423		$	140,651
Settlement and defense costs paid by insurance carriers (1)		(23,138	)		(15,228	)
Changes in estimated coverage		13,660			0
Insurance receivable – asbestos, end of the year	$	115,945		$	125,423

(1) Settlement and defense costs paid by insurance carriers for 2016, includes a lump sum cash settlement with an insurance carrier of $9,808.