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Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense
The following table summarizes the change in number of asbestos claims outstanding during the nine months ended September 30, 2019:
 
Asbestos Claims
Claims outstanding as of December 31, 2018
745

New claims filed
228

Pending claims concluded(1)
(147
)
Claims outstanding as of September 30, 2019
826


(1)For the nine months ended September 30, 2019, 123 claims were dismissed and 24 claims were settled. Settlements totaled approximately $2.2 million for the nine months ended September 30, 2019.
Schedule of Asbestos-Related Claims and Insurance Receivables
As of September 30, 2019 and December 31, 2018, our projected asbestos-related claims and insurance receivables were as follows:
(Dollars in millions)
September 30, 2019
 
December 31, 2018
Asbestos-related claims
$
70.7

 
$
70.3

Asbestos-related insurance receivables
$
64.4

 
$
63.8