HANO LEAD POISONING CLASS ACTION

Judge Tiffany Chase has taken over the Billieson litigation and has vowed to conclude it before the end of the year. She has appointed to very able attorneys, James Williams and Scott Bickford, to serve as special masters to assist her in moving this matter forward fairly, justly and quickly. This is a very promising development!

Details of Settlement: The settling insurance companies each negotiated a different Settlement Agreement, which took into account the policy terms and limits. Louisiana Insurance Guaranty Association contributes $309,174.19. United States Fire Insurance Company contributes $325,000.00. National Union Fire Insurance Company of Pittsburgh, PA and Lexington Insurance Company contributes #1,320,000.00. Starr Indemnity & Liability Company contributes $1,066,000.00. Scottsdale Insurance Company contributes $57,000.00. The remaining $5,500,000.00 is from a 2004 settlement with Travelers Insurance Company.