Business Services Industry
Goodyear settles cover dispute.(News)(Goodyear Tire & Rubber Co.)(Brief Article)
Business Insurance, January, 2005 by Lenckus, Dave
Byline: Dave Lenckus AKRON, Ohio-A group of general liability insurers has agreed to pay Goodyear Tire & Rubber Co. $159 million to settle an environmental coverage dispute with the company, Goodyear reported in a filing to securities regulators. The settlement covers environmental property damage and some bodily injury claims, Goodyear reported in an 8-K filing to the Securities and Exchange Commission Monday.
The insurers have agreed to pay the settlement in installments over 15 months, Goodyear reports. Under other provisions of the settlement, Goodyear agreed to release the insurers from future environmental bodily injury claims, and the company agreed to indemnify the insurers for "certain claims by other parties.'' Goodyear did not elaborate on which...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Getting the global view: Nestle, led by Peter Brabeck-Letmathe, climbs to the #1 spot in this year's Best Companies for Leaders
