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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 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 six months ended June 30, 2020:
Asbestos Claims
Claims outstanding as of January 1, 2020592  
New claims filed47  
Pending claims concluded(1)
(83) 
Claims outstanding as of June 30, 2020
556  
(1) For the six months ended June 30, 2020, 69 claims were dismissed and 14 claims were settled. Settlements totaled approximately $2.4 million for the six months ended June 30, 2020.
Schedule of Asbestos-Related Claims and Insurance Receivables
Our projected asbestos-related liabilities and insurance receivables were as follows:
(Dollars in thousands)June 30, 2020December 31, 2019
Asbestos-related liabilities$85,703  $85,880  
Asbestos-related insurance receivables$78,316  $78,316