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Commitments and Contingencies (Tables)
 9 Months Ended
Sep. 30, 2021
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, 2021:
Asbestos Claims
Claims outstanding as of January 1, 2021561 
New claims filed89 
Pending claims concluded(1)
(103)
Claims outstanding as of September 30, 2021
547 
(1) For the nine months ended September 30, 2021, 95 claims were dismissed and 8 claims were settled. Settlements totaled approximately $0.5 million for the nine months ended September 30, 2021.
Schedule of Asbestos-Related Claims and Insurance Receivables
Our projected asbestos-related liabilities and insurance receivables were as follows:
(Dollars in thousands)September 30, 2021December 31, 2020
Asbestos-related liabilities$73,008 $73,235 
Asbestos-related insurance receivables$66,793 $66,793