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Commitments and Contingencies (Tables)
 9 Months Ended
Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]  
Summary of Change in Number of Asbestos Claims Outstanding
The following table summarizes the change in number of asbestos claims outstanding for the nine months ended September 30, 2020:
Asbestos Claims
Claims outstanding as of January 1, 2020592 
New claims filed88 
Pending claims concluded(1)
(122)
Claims outstanding as of September 30, 2020
558 
(1) For the nine months ended September 30, 2020, 103 claims were dismissed and 19 claims were settled. Settlements totaled approximately $5.4 million for the nine months ended September 30, 2020.
Schedule of Asbestos-Related Claims and Insurance Receivables
Our projected asbestos-related liabilities and insurance receivables were as follows:
(Dollars in thousands)September 30, 2020December 31, 2019
Asbestos-related liabilities$85,547 $85,880 
Asbestos-related insurance receivables$78,316 $78,316