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Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2023
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 nine months ended September 30, 2023:
Asbestos Claims
Claims outstanding as of January 1, 2023537 
New claims filed111 
Pending claims concluded(1)
(87)
Claims outstanding as of September 30, 2023
561 
(1) For the nine months ended September 30, 2023, 75 claims were dismissed and 12 claims were settled. Settlements totaled approximately $4.5 million for the nine months ended September 30, 2023.
Schedule of Asbestos-Related Claims and Insurance Receivables
Our projected asbestos-related liabilities and insurance receivables were as follows:
(Dollars in thousands)September 30, 2023December 31, 2022
Asbestos-related liabilities$64,707 $65,033 
Asbestos-related insurance receivables$59,807 $59,807