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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2020
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 for the three months ended March 31, 2020:
Asbestos Claims
Claims outstanding as of January 1, 2020592  
New claims filed20  
Pending claims concluded(1)
(38) 
Claims outstanding as of March 31, 2020574  
(1) For the three months ended March 31, 2020, 34 claims were dismissed and 4 claims were settled. Settlements totaled approximately $1.6 million for the three months ended March 31, 2020.
Schedule of Asbestos-Related Claims and Insurance Receivables
Our projected asbestos-related liabilities and insurance receivables were as follows:
(Dollars in thousands)March 31, 2020December 31, 2019
Asbestos-related liabilities$85,774  $85,880  
Asbestos-related insurance receivables$78,316  $78,316