Asbestos trust fund: what each trust pays today
An asbestos trust fund pays people hurt by a bankrupt company's asbestos products, with no trial needed. To keep money available for future patients, each trust pays just part of the value it assigns to a disease.
The ranking shows today's payout for an approved mesothelioma claim: the trust's full value multiplied by the share it pays.
| Trust and the company behind it | Full value for mesothelioma | Share paid today | Mesothelioma claim pays now |
|---|---|---|---|
| NARCONorth American Refractories Company | $75,000 | 100% | $75,000 |
| Paddock (Owens-Illinois) | $100,000 | 65% | $65,000 |
| ASARCO | $170,000 | 35% | $59,500 |
| W. R. Grace | $180,000 | 30.1% | $54,180 |
| Christy Refractories | $90,000 | 55% | $49,500 |
| Maremont | $119,543 | 28.4% | $33,950 |
| Pittsburgh Corning | $175,000 | 19% | $33,250 |
| Duro Dyne | $147,141 | 20% | $29,428 |
| Flintkote | $184,000 | 15% | $27,600 |
| QuigleyQuigley Company (Pfizer) | $200,000 | 13.3% | $26,600 |
| Fuller-AustinFuller-Austin Insulation Company | $58,500 | 45% | $26,325 |
| T H Agriculture & Nutrition | $150,000 | 16.3% | $24,450 |
| BondexBondex International (Specialty Products Holding Corp.) | $80,000 | 29.5% | $23,600 |
| Burns and Roe | $60,000 | 36.87% | $22,122 |
| Johns-Manville | $350,000 | 5.6% | $19,600 |
| Motors Liquidation (old GM)Motors Liquidation Company (the old General Motors) | $175,000 | 10.3% | $18,025 |
| USG (United States Gypsum) | $155,000 | 10% | $15,500 |
| Yarway | $55,000 | 27.5% | $15,125 |
| Shook & FletcherShook & Fletcher Insulation Company | $22,000 | 58% | $12,760 |
| Brauer Supply | $125,000 | 9.5% | $11,875 |
| Combustion Engineering | $75,000 | 15.3% | $11,475 |
| Congoleum | $132,103 | 8.67% | $11,453 |
| National Gypsum | $22,500 | 45% | $10,125 |
| A. P. Green | $165,694 | 6% | $9,942 |
| Owens Corning / Fibreboard | $215,000 | 4.3% | $9,245 |
| United GilsoniteUnited Gilsonite Laboratories | $259,614 | 3.35% | $8,697 |
| Armstrong World Industries | $110,000 | 7.8% | $8,580 |
| Kaiser AluminumKaiser Aluminum & Chemical | $70,000 | 10.6% | $7,420 |
| Leslie Controls | $100,000 | 6.25% | $6,250 |
| Federal-MogulFederal-Mogul (T&N, Flexitallic, Ferodo) | $200,000 | 2.9% | $5,800 |
| ACandS | $150,000 | 2.89% | $4,335 |
| Babcock & Wilcox | $90,000 | 4.3% | $3,870 |
| U.S. Mineral ProductsUnited States Mineral Products Company (Isolatek) | $10,000 | 32% | $3,200 |
| Raytech (Raymark) | $179,760 | 1.35% | $2,427 |
| ARTRA | $275,000 | 0.7% | $1,925 |
| Hercules Chemical | $70,000 | 2% | $1,400 |
| Keene | $125,000 | 1.05% | $1,313 |
| H. K. Porter | $20,000 | 3% | $600 |
| DII Industries (Halliburton)DII Industries and Harbison-Walker (Halliburton) | No value published | 60% | – |
| Celotex | No value published | 7% | – |
| Western Asbestos | Case by case | 51.1% | – |
| Thorpe Insulation | Case by case | 58.6% | – |
| GAF (G-I Holdings) | No value published | 5% | – |
| Plant Insulation | Case by case | 20% | – |
| J. T. Thorpe (California) | Case by case | 53.7% | – |
| Kaiser Gypsum | Case by case | 62% | – |
| ABB Lummus Global | No value published | 9.5% | – |
| API, Inc. | No value published | 44% | – |
| Eagle-Picher | No value published | Rate not published by the trust | – |
| J. T. Thorpe (Texas) | No value published | Rate not published by the trust | – |
| Porter Hayden | No value published | Rate not published by the trust | – |
| A-Best Products | No value published | Rate not published by the trust | – |
| A&I Corporation | No value published | Rate not published by the trust | – |
| C. E. Thurston & Sons | No value published | Rate not published by the trust | – |
Compare rates and assets for all 54 trusts.Some major trusts are Johns-Manville, Owens Corning / Fibreboard, and W. R. Grace, plus Armstrong World Industries and Babcock & Wilcox.
Each trust page lists its sources; data come from payment notices of each trust and AsbestosTrusts.org (CC BY 4.0).
Time limits for lawsuits in your state
2 years from diagnosis
In Ohio, a lawsuit for an asbestos illness must usually be filed within 2 years of the diagnosis. A family's wrongful-death claim has 2 years from the date of death. Deadlines in every state
Not sure who made the products?
Answer three short questions about your job and the products you worked near, and see which trusts may pay.
Answer three questionsHow does an asbestos trust fund work?
Some companies went bankrupt after asbestos lawsuits. Their asbestos bankruptcy trusts pay those who are ill today and those who fall ill later. The U.S. Government Accountability Office states that asbestos lawsuits caused about 100 companies to go bankrupt, at least in part.
Payment percentage is the share it pays, while full value means the scheduled value the trust sets for the illness. As claims and funds shift, a trust has the ability to increase or decrease that share.
Most families hire an asbestos lawyer to file these claims, and most trusts accept them online from law firms.