More than 60 asbestos bankruptcy trusts have been created, and this page tracks the more than 40 that pay most mesothelioma claims today, with figures as of July 2026 and later payment-percentage changes added as trusts announce them. Each trust assigns a scheduled value to mesothelioma and pays a court-supervised percentage of it. Payment percentages currently range from 0.70% (ARTRA) to 100% (NARCO). After the percentage is applied, actual mesothelioma payments range from a few thousand dollars at the smallest trusts to more than $1.3 million at NARCO and Thorpe Insulation. At the end of 2025, the trusts on this page collectively held more than $15 billion in net assets to pay claims. Most people with mesothelioma qualify for several trusts at once, so the number that matters isn't any single trust's payment — it's the total across every trust that applies.
Updated October 2026: Armstrong World Industries reduced to 7.8% (October 5, 2026, pending final consent). THAN raised to 16.3% and API raised to 44% (September 1, 2026). Manville raised its pro rata share to 5.6% (September 2026). Owens-Illinois raised to 65%, paid in full with no second installment (August 19, 2026). Duro Dyne proposed raising its percentage from 20% to 40% (July 10, 2026, pending consent; still paying 20%). Yarway paused 2026 payments on cancer and severe asbestosis claims after reaching its annual limit; payments resume in January 2027 (August 2026 notice). On June 30, 2026, U.S. Gypsum reduced to 10%, Owens Corning to 4.3%, Fibreboard to 3.5%, Babcock & Wilcox to 4.3%, and Federal-Mogul's T&N subfund to 2.9%. ACandS reset to 2.89% (May 2026). Fuller-Austin raised to 45% (April 1, 2026). Combustion Engineering reduced to 15.3% and A.P. Green raised to 6.0% (April 2026). General Motors reduced to 10.3% and Yarway raised to 27.5% (December 2025). Quigley reduced to 13.3% (October 2025). Fuller-Austin raised to 38% with catch-up payments (September 2025).
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How asbestos trust payments are calculated
Every asbestos trust works from the same arithmetic: actual payment = scheduled value × payment percentage.
The scheduled value is the trust's preset amount for a disease, based on what the company historically paid to settle comparable lawsuits before bankruptcy, and most trusts also offer an Individual Review track that can reach a higher maximum value on the strength of your evidence. The payment percentage is the share of that value the trust actually pays, set under court supervision so a finite fund can reach everyone the company harmed, including the families who won't be diagnosed until decades from now. Learn more about how asbestos trust claims work.
A worked example, using the U.S. Gypsum trust:
- USG's mesothelioma values run from a $155,000 scheduled value to a $450,000 maximum.
- USG's current payment percentage is 10%.
- So an actual USG mesothelioma payment in 2026 runs from about $15,500 to $45,000, depending on the claim's strength and track.
Two cautions before you read the table. First, a trust's scheduled or maximum value isn't what it pays: the payment percentage always comes off first. Second, most people qualify for more than one trust payment.
2026 mesothelioma settlement values by trust
Values are per trust, before and after the payment percentage. An asterisk (*) marks trusts with multiple schedules, state-based values, or a case-valuation matrix — the minimum and maximum shown span all categories; see that trust's card below for the breakdown.
| Trust | Mesothelioma value (min) | Mesothelioma value (max) | Payment % | Actual mesothelioma payout |
|---|---|---|---|---|
| A-Best Asbestos Settlement Trust | $30,500 | $30,500 | 18% | ~$5,490 |
| ABB Lummus Global 524(g) Asbestos PI Trust* | $1,000 | $400,000 | 9.5% | ~$95 – $38,000 |
| Abex & Wagner Brakes (Federal-Mogul FMP Subfund) | $100,000 | $300,000 | 12.2% | ~$12,200 – $36,600 |
| ACandS Asbestos Settlement Trust | $150,000 | $550,000 | 2.89% | ~$4,335 – $15,895 |
| A.P. Green (APG) Asbestos Trust | $165,694 | $165,694 | 6.0% | ~$9,941.64 |
| API, Inc. Asbestos Settlement Trust* | $117,087 | $316,250 | 44% | ~$51,518.28 – $139,150 |
| Armstrong World Industries Asbestos PI Settlement Trust | $110,000 | $400,000 | 7.8% | ~$8,580 – $31,200 |
| ARTRA (Synkoloid) Asbestos Trust | $275,000 | $700,000 | 0.70% | ~$1,925 – $4,900 |
| ASARCO Asbestos PI Settlement Trust | $170,000 | $900,000 | 35% | ~$59,500 – $315,000 |
| Babcock & Wilcox Asbestos PI Settlement Trust | $90,000 | $400,000 | 4.3% | ~$3,870 – $17,200 |
| Bondex (SPHC) Asbestos PI Trust | $80,000 | $300,000 | 29.5% | ~$23,600 – $88,500 |
| Brauer 524(g) Asbestos Trust | $125,000 | $250,000 | 9.5% | ~$11,875 – $23,750 |
| Celotex Asbestos Settlement Trust | $130,000 | $325,000 | 7% | ~$9,100 – $22,750 |
| Combustion Engineering 524(g) Asbestos PI Trust | $75,000 | $400,000 | 15.3% | ~$11,475 – $61,200 |
| DII Industries Trust — Halliburton & Dresser Schedule | $60,718.95 | $256,000 | 60% | ~$36,431.37 – $153,600 |
| DII Industries Trust — Harbison-Walker Schedule | $144,897.50 | $610,000 | 60% | ~$86,938.50 – $366,000 |
| Durabla Asbestos Trust | $7,000 | $15,000 | Not yet set | Not yet paying — claims preserved |
| Duro Dyne Asbestos Trust | $147,141 | $147,141 | 20% | ~$29,428.20 |
| Eagle-Picher Industries PI Settlement Trust* | $6,500 (fast track) | Individualized | 100% / 35% | See card — no fixed schedule |
| Ferodo Brakes (Federal-Mogul T&N Subfund) | $50,000 | $150,000 | 2.9% | ~$1,450 – $4,350 |
| Fibreboard Asbestos PI Trust (OC/FB Trust Sub-Account) | $135,000 | $450,000 | 3.5% | ~$4,725 – $15,750 |
| Flexitallic, Fel-Pro & Vellumoid Gaskets (Federal-Mogul T&N Subfund) | $50,000 | $150,000 | 2.9% | ~$1,450 – $4,350 |
| Flintkote Asbestos Trust | $184,000 | $450,000 | 15% | ~$27,600 – $67,500 |
| Fuller-Austin Asbestos Settlement Trust | $58,500 | $58,500 | 45% | ~$26,325 |
| GAF (G-I Holdings) Asbestos PI Settlement Trust | $155,000 | $450,000 | 5.0% | ~$7,750 – $22,500 |
| Garlock (GST Settlement Facility)* | Negotiated | Negotiated | None published | Individually scaled offers |
| General Motors (Motors Liquidation) Asbestos PI Trust | $175,000 | $525,000 | 10.3% | ~$18,025 – $54,075 |
| Halliburton & Dresser: see DII Industries Trust — Halliburton & Dresser Schedule | ||||
| Harbison-Walker: see DII Industries Trust — Harbison-Walker Schedule | ||||
| J.T. Thorpe Company Successor Trust (Texas) | $100,000 | $100,000 | 23% | ~$23,000 |
| Kentile Floors (Metex) Asbestos Trust | $135,000 | $330,000 | 7.25% | ~$9,787.50 – $23,925 |
| Leslie Controls Asbestos PI Trust* | $25,000 | $350,000 | 6.25% | ~$1,562.50 – $21,875 |
| Manville Personal Injury Settlement Trust (Johns-Manville) | $350,000 | $750,000 | 5.6% | ~$19,600 – $42,000 |
| NARCO Asbestos Trust | $75,000 | $1,379,580 | 100% | ~$75,000 – $1,379,580 |
| National Gypsum (NGC Bodily Injury) Trust | $22,500 | $180,000 | 45% | ~$10,125 – $81,000 |
| Owens Corning Asbestos PI Trust (OC Sub-Account) | $215,000 | $650,000 | 4.3% | ~$9,245 – $27,950 |
| Owens-Illinois (Paddock) Asbestos PI Trust | $100,000 | $382,600 | 65% | ~$65,000 – $248,690 |
| Pittsburgh Corning Asbestos PI Trust | $175,000 | $500,000 | 19% | ~$33,250 – $95,000 |
| Plant Insulation Company Asbestos Settlement Trust* | $65,000 | $2,600,000 | 20% | ~$13,000 – $520,000 |
| Plibrico 524(g) Asbestos Trust | $350,000 | $750,000 | 0.94% | ~$3,290 – $7,050 |
| Quigley Company Asbestos PI Trust | $200,000 | $450,000 | 13.3% | ~$26,600 – $59,850 |
| Sepco Asbestos Trust | $53,076 | $53,076 | 10% | ~$5,307.60 |
| T H Agriculture & Nutrition (THAN) Asbestos PI Trust | $150,000 | $900,000 | 16.3% | ~$24,450 – $146,700 |
| Thorpe Insulation Settlement Trust (California)* | $59,791 | $2,391,652 | 58.6% | ~$35,037.53 – $1,401,508.07 |
| Turner & Newall (Federal-Mogul T&N Subfund) | $200,000 | $600,000 | 2.9% | ~$5,800 – $17,400 |
| United States Gypsum Asbestos PI Settlement Trust | $155,000 | $450,000 | 10% | ~$15,500 – $45,000 |
| W.R. Grace Asbestos PI Settlement Trust | $180,000 | $450,000 | 30.1% | ~$54,180 – $135,450 |
| Western Asbestos (Western MacArthur) Settlement Trust* | $117,087 | $524,025 | 51.1% | ~$59,831.46 – $267,776.78 |
| Yarway Asbestos PI Trust | $55,000 | $150,000 | 27.5% | ~$15,125 – $41,250 |
The highest actual payers in 2026: NARCO pays 100% of values that reach $1,379,580 through Individual Review. Owens-Illinois pays 65%, about $65,000 to $248,690. The DII Industries trust pays 60%, which is about $86,900 to $366,000 on the Harbison-Walker schedule. Thorpe Insulation pays 58.6% of individually valued cases averaging $597,913. Western Asbestos pays 51.1% of jurisdiction-based values up to $524,025. National Gypsum and Fuller-Austin pay 45%, API pays 44%, and ASARCO and Eagle-Picher pay 35%.
Note: Mesothelioma is shown because it is the most serious asbestos disease and every trust compensates it, so it gives a consistent baseline. Most of these trusts also pay lung cancer, other cancers, asbestosis, and pleural disease at lower values, with eligibility that varies trust to trust. Call 833-4-ASBESTOS with questions about any disease or trust.
How much money is left in the asbestos trusts?
More than you'd guess: the trusts on this page held over $15 billion in combined net assets at the end of 2025. Every §524(g) trust files audited financial statements with the bankruptcy court each year, and the figure that matters is net claimants' equity — the money actually set aside to pay claims. We read those annual reports every year, and the table below is what they show. We haven't found another published source that pulls these figures together.
One thing the balance-sheet number can understate: some trusts hold rights to insurance recoveries that may still add to their funds over time. Several of the trusts below were funded partly or chiefly with the bankrupt company's insurance, and where policies remain to be collected, money keeps arriving after the trust opens. Which trusts have collectible coverage left, and how much, is highly specific per-trust information that isn't public — so treat the figures below as what each trust holds today, not necessarily the ceiling of what it will ever have.
| Trust | Net claimants' equity (end of 2025) | 2025 direction |
|---|---|---|
| W.R. Grace | ~$1.83 billion | Drew down slightly (~$10M) |
| NARCO | ~$1.26 billion | — |
| DII Industries (Halliburton & Harbison-Walker) | ~$1.15 billion | Drew down modestly (~$28M) |
| Pittsburgh Corning | ~$1.14 billion | Grew |
| United States Gypsum | ~$830 million | Grew |
| Armstrong World Industries | ~$659 million | Drew down slightly |
| ASARCO | ~$626 million | Drew down (~$33M) |
| Bondex (SPHC) | ~$574 million | Grew |
| Manville (Johns-Manville) | ~$563.3 million | Grew (~$6.5M); $539.3M at March 31, 2026 |
| Owens-Illinois (Paddock) | ~$550 million | Grew |
| Flintkote | More than $520 million | — |
| Quigley | More than $516 million | — |
| Owens Corning (OC sub-account) | ~$474 million | Drew down slightly |
| Federal-Mogul (all subfunds) | ~$440 million | Grew |
| Combustion Engineering | ~$385 million | — |
| Celotex | ~$370 million | Drew down modestly (~$6M) |
| Garlock (GST) | ~$358 million | — |
| Western Asbestos | ~$356 million | — |
| Thorpe Insulation | ~$339 million | — |
| Babcock & Wilcox | ~$295 million | Grew slightly |
| Fibreboard (sub-account) | ~$260 million | Drew down slightly |
| Eagle-Picher | ~$259 million | Grew slightly |
| GAF (G-I Holdings) | ~$255 million | — |
| T H Agriculture & Nutrition | ~$240 million | Grew |
| Yarway | ~$213 million | Drew down modestly |
| National Gypsum | ~$197.7 million | — |
| A.P. Green | ~$186 million | Grew |
| Plant Insulation | ~$149 million | — |
| General Motors (MLC) | ~$130 million | Held steady |
| ACandS | ~$123 million | Drew down less than 1% |
| Fuller-Austin | ~$104 million | Dipped — the cost of its 38% raise and catch-up payments |
| Kentile Floors (Metex) | ~$99.6 million | Grew slightly |
| J.T. Thorpe (Texas) | ~$85 million | Grew |
| Leslie Controls | ~$62 million | Drew down modestly |
| Plibrico | ~$60 million | — |
| Duro Dyne | ~$48.4 million | Grew — now above its original funding |
| Sepco | ~$19 million | Grew slightly |
| Durabla | ~$18 million | Not yet paying |
| ARTRA (Synkoloid) | ~$16.8 million | — |
| ABB Lummus | ~$15 million | Grew |
| A-Best | ~$8.4 million | — |
| API, Inc. | ~$7.7 million | Grew slightly |
| Brauer Supply | ~$5.5 million | — |
Trust-by-trust details
A-Best Asbestos Settlement Trust
A-Best Asbestos Settlement Trust — asbestos safety clothing and equipment.
A-Best Products Company of Cleveland, Ohio made asbestos safety clothing and equipment — aprons, gloves, coats, and mitts — worn by foundry, mill, and emergency workers into the early 1980s. The lawsuits over that gear drove the company into bankruptcy in 2002, and its trust, established in 2004 with under $25 million, has been paying claims since.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2002 → 2004 |
| Trust funding | Under $25 million |
| Mesothelioma scheduled value (min) | $30,500 |
| Mesothelioma maximum value | $30,500 |
| Current payment percentage | 18% |
| Actual mesothelioma range at current percentage | ~$5,490 |
| Net claimants' equity (end of 2025) | ~$8.4 million |
Distinctive: A-Best's exposure criteria are stricter than most trusts', requiring six months of exposure to A-Best products within five years of cumulative occupational asbestos exposure, even for mesothelioma.
ABB Lummus Global 524(g) Asbestos PI Trust
ABB Lummus Global 524(g) Asbestos PI Trust — refinery and petrochemical plant construction; pre-1957 feedwater heaters.
ABB Lummus — known for most of its history simply as Lummus — engineered and built refineries and petrochemical plants across the country, and before 1957 also manufactured asbestos-containing feedwater heaters at its Honesdale, Pennsylvania plant. Its trust, established in 2006 with about $38 million from an insurance settlement and a company payment, pays on both kinds of exposure.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2006 → 2006 |
| Trust funding | ~$38 million |
| Mesothelioma scheduled value (min) | $1,000 |
| Mesothelioma maximum value | $400,000 |
| Current payment percentage | 9.5% |
| Actual mesothelioma range at current percentage | ~$95 – $38,000 |
| Net claimants' equity (end of 2025) | ~$15 million (grew in 2025) |
Distinctive: Two value schedules in one trust: design-and-construction claims ($25,000 scheduled to $400,000 maximum) pay far more than feedwater-heater claims ($1,000 to $25,000), and most claims are design-and-construction.
Abex & Wagner Brakes (Federal-Mogul FMP Subfund)
Abex & Wagner Brakes (Federal-Mogul FMP Subfund) — Abex and Wagner asbestos brake linings.
Abex and Wagner were two of the biggest names in asbestos brake linings, and the mechanics who ground new linings to fit, arced them, and blew the dust out of brake drums breathed asbestos for decades. Their claims are paid by the FMP subfund of the Federal-Mogul trust, which opened in September 2018 after a long fight over who would pay Wagner's claims, and it is the healthiest part of that trust.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2001 → 2007 (FMP subfund opened 2018) |
| Trust funding | Federal-Mogul trust-wide: ~$635 million |
| Mesothelioma scheduled value (min) | $100,000 |
| Mesothelioma maximum value | $300,000 |
| Current payment percentage | 12.2% |
| Actual mesothelioma range at current percentage | ~$12,200 – $36,600 |
| Net claimants' equity (end of 2025) | ~$440 million (whole Federal-Mogul trust; grew in 2025) |
Distinctive: The FMP subfund raised its payment percentage from 6.9% to 12.2%, paid catch-up supplements to earlier claimants, and adjusts its claim values upward for inflation each year.
ACandS Asbestos Settlement Trust
ACandS Asbestos Settlement Trust — nationwide installation of asbestos insulation and sprayed fireproofing.
ACandS was one of the country's largest insulation contractors, installing and tearing out asbestos pipe covering, block insulation, insulating cement, and sprayed fireproofing — including as the exclusive U.S. applicator of sprayed Limpet asbestos — at power plants, refineries, factories, and commercial buildings nationwide. Its trust, funded chiefly by a roughly $449 million insurance settlement, has been paying claims since 2009.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2002 → 2008 (paying 2009) |
| Trust funding | ~$449 million (chiefly insurance) |
| Mesothelioma scheduled value (min) | $150,000 |
| Mesothelioma maximum value | $550,000 |
| Current payment percentage | 2.89% (reset May 2026) |
| Actual mesothelioma range at current percentage | ~$4,335 – $15,895 |
| Net claimants' equity (end of 2025) | ~$123 million |
Distinctive: ACandS installed other companies' asbestos products, so the same exposure that supports an ACandS claim usually supports claims against several manufacturers' trusts too. The trust keeps an approved list of more than 1,400 job sites across 44 states.
A.P. Green (APG) Asbestos Trust
A.P. Green (APG) Asbestos Trust — asbestos refractory firebrick, cement, mortar, and insulation.
A.P. Green was one of the country's major refractory makers, and for decades its heat-resistant firebrick, cements, mortars, and insulation — the linings of furnaces, kilns, boilers, and ladles — were made with asbestos. The company went through bankruptcy in 2002, and its trust, funded with about $376 million from insurance and a stake in the successor refractory business, has been paying since 2014.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2002 → 2013 (paying 2014) |
| Trust funding | ~$376 million |
| Mesothelioma scheduled value (min) | $165,694 |
| Mesothelioma maximum value | $165,694 |
| Current payment percentage | 6.0% (raised from 5.3%, April 2026) |
| Actual mesothelioma range at current percentage | ~$9,941.64 |
| Net claimants' equity (end of 2025) | ~$186 million (grew in 2025) |
Distinctive: Pays a single set value per disease rather than a range, and before this trust existed, A.P. Green claims were paid by the U.S. Gypsum trust, because USG had owned the company since 1967. The 2026 raise entitles earlier-paid claimants to supplemental payments.
API, Inc. Asbestos Settlement Trust
API, Inc. Asbestos Settlement Trust — asbestos insulation sales and installation, upper Midwest.
API, Inc., a Minnesota company, sold and installed asbestos insulation for decades, and its trust opened in late 2005, funded with an estimated $94 million from the company and settlements with its insurers.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2005 → 2005 |
| Trust funding | ~$94 million |
| Mesothelioma scheduled value (min) | $117,087 |
| Mesothelioma maximum value | $316,250 |
| Current payment percentage | 44% (raised from 22%, September 1, 2026) |
| Actual mesothelioma range at current percentage | ~$51,518.28 – $139,150 |
| Net claimants' equity (end of 2025) | ~$7.7 million (grew in 2025) |
Distinctive: Pays state-specific set values rather than a range: $316,250 for a Minnesota mesothelioma claim and $117,087 for North Dakota, with claims from other states capped at the Minnesota value.
Armstrong World Industries Asbestos PI Settlement Trust
Armstrong World Industries Asbestos PI Settlement Trust — high-temperature insulation, insulating cement, and vinyl-asbestos flooring.
Armstrong World Industries was one of the country's largest building-materials makers, and asbestos ran through two of its biggest lines: the high-temperature pipe and block insulation and insulating cement that sealed industrial heat, and the resilient flooring and vinyl-asbestos tile laid in millions of homes, schools, and businesses. Its reorganization funded a $2.062 billion trust that has been paying since 2006.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2000 → 2006 |
| Trust funding | $2.062 billion |
| Mesothelioma scheduled value (min) | $110,000 |
| Mesothelioma maximum value | $400,000 |
| Current payment percentage | 7.8% (reduced from 10.8%, October 5, 2026) |
| Actual mesothelioma range at current percentage | ~$8,580 – $31,200 |
| Net claimants' equity (end of 2025) | ~$659 million |
Distinctive: The trust's percentage started at 20% and has been stepped down several times as claims volume proved heavy, to 10.8% in 2025 and to 7.8% in October 2026 — a reminder to file while the current rate holds.
Full Armstrong World Industries Asbestos PI Settlement Trust details →
ARTRA (Synkoloid) Asbestos Trust
ARTRA (Synkoloid) Asbestos Trust — Synkoloid asbestos joint compounds, spackling, and texture products.
The ARTRA trust pays claims over Synkoloid's asbestos joint compounds, spackles, and texture products — the materials drywall finishers mixed and sanded. The joint trust was established in 2007, funded with more than $70 million, most of it from insurance settlements.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2002 → 2007 |
| Trust funding | More than $70 million |
| Mesothelioma scheduled value (min) | $275,000 |
| Mesothelioma maximum value | $700,000 |
| Current payment percentage | 0.70% (raised in 2025, with catch-up supplements) |
| Actual mesothelioma range at current percentage | ~$1,925 – $4,900 |
| Net claimants' equity (end of 2025) | ~$16.8 million |
Distinctive: Two of the trust's disease levels are suspended because payments there would fall below its minimum; today it pays only mesothelioma, lung cancer, and severe asbestosis claims.
ASARCO Asbestos PI Settlement Trust
ASARCO Asbestos PI Settlement Trust — raw asbestos fiber, Capco asbestos-cement pipe, and fiber supplied into other makers' products.
One of the country's largest mining and smelting companies, ASARCO owned the Lake Asbestos of Quebec mine, sold raw fiber in bulk to other manufacturers, and made Capco asbestos-cement pipe itself. Its bankruptcy funded the trust with more than $900 million, and it has been paying since 2009.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2005 → 2009 |
| Trust funding | More than $900 million ($650M+ cash plus $280M secured note) |
| Mesothelioma scheduled value (min) | $170,000 |
| Mesothelioma maximum value | $900,000 |
| Current payment percentage | 35% (raised from 22% in 2018) |
| Actual mesothelioma range at current percentage | ~$59,500 – $315,000 |
| Net claimants' equity (end of 2025) | ~$626 million |
Distinctive: Unlike most trusts, ASARCO sets no cutoff date on when exposure happened, so later exposure that other trusts reject can still qualify. It has paid more than $800 million since 2009 and still holds over $600 million.
Babcock & Wilcox Asbestos PI Settlement Trust
Babcock & Wilcox Asbestos PI Settlement Trust — boilers and steam generators wrapped and sealed in asbestos.
Babcock & Wilcox built the boilers and steam generators that powered Navy ships, power plants, refineries, and mills, and those boilers were wrapped in asbestos block and pipe insulation, sealed with asbestos gaskets and packing, and lined with heat-resistant asbestos material. Its reorganization funded a $1.845 billion trust that has been paying since 2006.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2000 → 2006 |
| Trust funding | $1.845 billion |
| Mesothelioma scheduled value (min) | $90,000 |
| Mesothelioma maximum value | $400,000 |
| Current payment percentage | 4.3% (reduced from 4.7%, June 30, 2026) |
| Actual mesothelioma range at current percentage | ~$3,870 – $17,200 |
| Net claimants' equity (end of 2025) | ~$295 million (grew slightly in 2025) |
Distinctive: Navy and powerhouse boiler work is the heart of a B&W claim: boilermakers, pipefitters, machinist's mates, and everyone who shared the fireroom breathed the same dust.
Full Babcock & Wilcox Asbestos PI Settlement Trust details →
Bondex (SPHC) Asbestos PI Trust
Bondex (SPHC) Asbestos PI Trust — Bondex joint compounds, texture paints, and patching products.
Bondex was one of the best-known names in wall-patching and drywall-finishing products, sold by the bag to contractors and homeowners from the early 1960s into the late 1970s. Tens of thousands of lawsuits drove Bondex and its parent into bankruptcy, and the trust, funded with about $797.5 million, has been paying since July 2016.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2010 → 2016 |
| Trust funding | ~$797.5 million |
| Mesothelioma scheduled value (min) | $80,000 |
| Mesothelioma maximum value | $300,000 |
| Current payment percentage | 29.5% (raised from 22%, January 2024) |
| Actual mesothelioma range at current percentage | ~$23,600 – $88,500 |
| Net claimants' equity (end of 2025) | ~$574 million (grew in 2025) |
Distinctive: Do-it-yourself and homeowner exposure counts here, not just trade work, and the trust's 2024 raise came with catch-up supplements to people already paid — the opposite of a fund running dry.
Brauer 524(g) Asbestos Trust
Brauer 524(g) Asbestos Trust — asbestos insulation for HVAC and heating systems (distributor).
Brauer Supply Company of St. Louis distributed asbestos thermal insulation for HVAC systems, stoves, and heating equipment from the early 1950s through the late 1970s. Its trust was established in 2006, funded with a company payment plus the proceeds of Brauer's old insurance policies.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2005 → 2006 |
| Trust funding | Company payment + insurance proceeds |
| Mesothelioma scheduled value (min) | $125,000 |
| Mesothelioma maximum value | $250,000 |
| Current payment percentage | 9.5% |
| Actual mesothelioma range at current percentage | ~$11,875 – $23,750 |
| Net claimants' equity (end of 2025) | ~$5.5 million |
Distinctive: A small regional-distributor trust: because Brauer distributed other companies' insulation, the same exposure almost always supports claims against several manufacturers' trusts as well.
Celotex Asbestos Settlement Trust
Celotex Asbestos Settlement Trust — asbestos insulation, roofing, siding, and fiberboard; Carey Canada mining.
Celotex made asbestos building materials — insulation, roofing, siding, and fiberboard — and its subsidiary Carey Canada mined asbestos in Quebec until 1986. Nearly 400,000 lawsuits drove it into Chapter 11 in 1990, and the trust, funded with about $1.25 billion, has been paying since 1998.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 1990 → 1997 (paying 1998) |
| Trust funding | ~$1.25 billion |
| Mesothelioma scheduled value (min) | $130,000 |
| Mesothelioma maximum value | $325,000 |
| Current payment percentage | 7% (reduced from 8%, June 2023) |
| Actual mesothelioma range at current percentage | ~$9,100 – $22,750 |
| Net claimants' equity (end of 2025) | ~$370 million |
Distinctive: One of the oldest trusts still paying — nearly three decades of steady payments from a managed fund.
Combustion Engineering 524(g) Asbestos PI Trust
Combustion Engineering 524(g) Asbestos PI Trust — boilers, refractory cements (Gunisul), and insulating materials.
Combustion Engineering built the boilers and steam-generating equipment that powered Navy ships, power plants, and factories, and it made the asbestos refractory cements and insulating materials — Gunisul among them — that lined and sealed that equipment. Its reorganization funded a trust with about $1.24 billion, paying since 2006.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2003 → 2006 |
| Trust funding | ~$1.24 billion (cash, ABB stock, insurance) |
| Mesothelioma scheduled value (min) | $75,000 |
| Mesothelioma maximum value | $400,000 |
| Current payment percentage | 15.3% (reduced from 20%, April 2026) |
| Actual mesothelioma range at current percentage | ~$11,475 – $61,200 |
| Net claimants' equity (end of 2025) | ~$385 million |
Distinctive: The trust cut its percentage from 20% to 15.3% in April 2026 — percentages move in both directions, and claims are paid at the rate in effect when they're processed.
Full Combustion Engineering 524(g) Asbestos PI Trust details →
DII Industries Trust — Halliburton & Dresser Schedule
DII Industries Trust — Halliburton & Dresser Schedule — Dresser pumps, compressors, and turbines; asbestos drilling muds.
The Halliburton and Dresser side of the DII Industries trust covers the old line of Dresser industrial equipment — pumps, compressors, turbines — and the asbestos-bearing drilling muds used in the oil and gas fields. The combined trust became effective in 2005, funded with about $2.5 billion.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2003 → 2005 |
| Trust funding | DII trust-wide: ~$2.5 billion |
| Mesothelioma scheduled value (min) | $60,718.95 |
| Mesothelioma maximum value | $256,000 |
| Current payment percentage | 60% |
| Actual mesothelioma range at current percentage | ~$36,431.37 – $153,600 |
| Net claimants' equity (end of 2025) | ~$1.15 billion (whole DII trust) |
Distinctive: At 60%, the DII trust pays one of the highest percentages of any asbestos trust, and its scheduled values are CPI-adjusted.
Full DII Industries Trust — Halliburton & Dresser Schedule details →
DII Industries Trust — Harbison-Walker Schedule
DII Industries Trust — Harbison-Walker Schedule — Harbison-Walker refractory brick, cement, and millboard.
Harbison-Walker was one of the country's largest refractory makers, and its asbestos brick, cement, and millboard lined the furnaces, kilns, and ladles of steel mills and foundries everywhere. Its claims are paid on the higher of the DII trust's two schedules.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2003 → 2005 |
| Trust funding | DII trust-wide: ~$2.5 billion |
| Mesothelioma scheduled value (min) | $144,897.50 |
| Mesothelioma maximum value | $610,000 |
| Current payment percentage | 60% |
| Actual mesothelioma range at current percentage | ~$86,938.50 – $366,000 |
| Net claimants' equity (end of 2025) | ~$1.15 billion (whole DII trust) |
Distinctive: Same trust and same 60% percentage as the Halliburton/Dresser claims, but a schedule that pays more than twice as much — which schedule applies turns on which company's products exposed you.
Full DII Industries Trust — Harbison-Walker Schedule details →
Durabla Asbestos Trust
Durabla Asbestos Trust — Durabla sheet gaskets, sealing agents, and packing.
Durabla made the sheet gaskets and packing that sealed industrial pumps, valves, and machinery, some of it more than 80% asbestos by weight. The trust has been accepting claims since 2020 under a count-first structure: it took in tens of thousands of claims before setting the share it can sustainably pay, and it holds a fund in the range of $18 million.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2009 → 2012 (accepting claims since 2020) |
| Trust funding | — |
| Mesothelioma scheduled value | $7,000 |
| Mesothelioma maximum value | $15,000 |
| Payment percentage | Not yet set — trust not yet paying |
| Net claimants' equity (end of 2025) | ~$18 million |
Distinctive: The trust has not yet set its payment percentage or begun paying. A claim filed today is on record and preserved, and pays when the percentage is set.
Duro Dyne Asbestos Trust
Duro Dyne Asbestos Trust — asbestos-cloth flexible duct connectors.
Duro Dyne made the flexible duct connectors used in heating and air-conditioning systems nationwide, and from the early 1950s until 1978 the fabric in those connectors was asbestos cloth, cut and stapled by sheet-metal and HVAC workers. Its trust was funded with more than $47 million, all paid in by 2021, and has been paying since 2022.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2018 → 2022 |
| Trust funding | More than $47 million (fully paid in by 2021) |
| Mesothelioma scheduled value (min) | $147,141 |
| Mesothelioma maximum value | $147,141 |
| Current payment percentage | 20% (increase to 40% proposed July 10, 2026, pending consent) |
| Actual mesothelioma range at current percentage | ~$29,428.20 |
| Net claimants' equity (end of 2025) | ~$48.4 million (grew in 2025) |
Distinctive: No Individual Review track — one set value per disease, raised 1% each year — and a young trust whose fund has grown beyond its original funding while paying claims.
Eagle-Picher Industries PI Settlement Trust
Eagle-Picher Industries PI Settlement Trust — high-temperature asbestos insulation and insulating cement.
From the 1930s into the 1970s, Eagle-Picher was a leading maker of high-temperature asbestos insulation and insulating cement, found in nearly every shipyard, power plant, steel mill, and petrochemical plant in the country. Its trust, funded with about $730 million, has been paying since 1997 and has paid out more than it started with.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 1991 → 1997 |
| Trust funding | ~$730 million |
| Discounted Cash Payment (mesothelioma) | $6,500, paid at 100% |
| Individualized Review | Historical settlement value, paid at 35% |
| Net claimants' equity (end of 2025) | ~$259 million (grew slightly in 2025) |
Distinctive: No fixed value schedule. A claim takes either a Discounted Cash Payment (mesothelioma $6,500, paid at 100%) or Individualized Review, where the trust matches what Eagle-Picher historically paid to settle a comparable case and pays 35% of it — almost always the better path for mesothelioma.
Ferodo Brakes (Federal-Mogul T&N Subfund)
Ferodo Brakes (Federal-Mogul T&N Subfund) — Ferodo asbestos brake linings.
Ferodo was Turner & Newall's brake brand, and mechanics who worked Ferodo linings breathed the same grinding and blow-out dust as with any asbestos brake. Ferodo claims are paid by the T&N subfund of the Federal-Mogul trust, on a lower value schedule and at a lower percentage than the Abex and Wagner claims next door.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2001 → 2007 |
| Trust funding | Federal-Mogul trust-wide: ~$635 million |
| Mesothelioma scheduled value (min) | $50,000 |
| Mesothelioma maximum value | $150,000 |
| Current payment percentage | 2.9% (T&N subfund; reduced from 3.9%, June 30, 2026) |
| Actual mesothelioma range at current percentage | ~$1,450 – $4,350 |
| Net claimants' equity (end of 2025) | ~$440 million (whole Federal-Mogul trust) |
Distinctive: Same trust as Abex and Wagner, different subfund: a brake mechanic's history often reaches both, and they pay separately.
Fibreboard Asbestos PI Trust (OC/FB Trust Sub-Account)
Fibreboard Asbestos PI Trust (OC/FB Trust Sub-Account) — Pabco, Caltemp, and Caltherm high-temperature insulation.
Fibreboard's Pabco, Caltemp, and Caltherm insulation wrapped steam lines, boilers, and process piping in plants, powerhouses, refineries, and ships for decades. Its claims are paid from a dedicated sub-account of the Owens Corning/Fibreboard trust, holding about $260 million that is not shared with Owens Corning's claims.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2000 → 2006 |
| Trust funding | Dedicated sub-account of the OC/Fibreboard trust |
| Mesothelioma scheduled value (min) | $135,000 |
| Mesothelioma maximum value | $450,000 |
| Current payment percentage | 3.5% (reduced from 3.7%, June 30, 2026) |
| Actual mesothelioma range at current percentage | ~$4,725 – $15,750 |
| Net claimants' equity (end of 2025) | ~$260 million (Fibreboard sub-account) |
Distinctive: A Fibreboard claim is separate from an Owens Corning claim even though one trust administers both — the same insulation career often supports both claims, paid from separate funds.
Flexitallic, Fel-Pro & Vellumoid Gaskets (Federal-Mogul T&N Subfund)
Flexitallic, Fel-Pro & Vellumoid Gaskets (Federal-Mogul T&N Subfund) — Flexitallic spiral-wound gaskets; Fel-Pro and Vellumoid automotive gaskets.
Flexitallic made the spiral-wound asbestos gaskets that sealed high-pressure flanges across refineries, plants, and ships, and Fel-Pro and Vellumoid made asbestos gaskets for engines. All three are paid through the T&N subfund of the Federal-Mogul trust.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2001 → 2007 |
| Trust funding | Federal-Mogul trust-wide: ~$635 million |
| Mesothelioma scheduled value (min) | $50,000 |
| Mesothelioma maximum value | $150,000 |
| Current payment percentage | 2.9% (T&N subfund; reduced from 3.9%, June 30, 2026) |
| Actual mesothelioma range at current percentage | ~$1,450 – $4,350 |
| Net claimants' equity (end of 2025) | ~$440 million (whole Federal-Mogul trust) |
Distinctive: Gasket and packing exposure is task-driven — cutting, scraping, and wire-brushing old gaskets off flanges — and the same tasks usually support Garlock and other gasket-maker claims too.
Flintkote Asbestos Trust
Flintkote Asbestos Trust — asbestos roofing, siding, floor tile, joint compound, pipe, and board.
Flintkote was one of the big building-products companies, and from the 1930s into the early 1980s much of what it made carried asbestos — roofing, siding, floor tile, joint compound, pipe, and board — and for a time it mined its own chrysotile in Quebec. Its trust took effect in 2015, funded with more than $700 million.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2004 → 2015 |
| Trust funding | More than $700 million (incl. $460M ownership settlement) |
| Mesothelioma scheduled value (min) | $184,000 |
| Mesothelioma maximum value | $450,000 |
| Current payment percentage | 15% (raised from 11%) |
| Actual mesothelioma range at current percentage | ~$27,600 – $67,500 |
| Net claimants' equity (end of 2025) | More than $520 million |
Distinctive: A decade in, the trust still holds over half a billion dollars, and its percentage has moved up, not down.
Fuller-Austin Asbestos Settlement Trust
Fuller-Austin Asbestos Settlement Trust — Gulf Coast asbestos insulation contracting.
Fuller-Austin was one of the big insulation contractors across Texas and Louisiana, installing, repairing, and tearing out asbestos insulation in Gulf Coast refineries, petrochemical plants, and factories. Its trust dates to December 1998 and holds over $100 million.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 1998 → 1998 (December) |
| Trust funding | — |
| Mesothelioma scheduled value (min) | $58,500 |
| Mesothelioma maximum value | $58,500 |
| Current payment percentage | 45% (raised from 38%, April 1, 2026) |
| Actual mesothelioma range at current percentage | ~$26,325 |
| Net claimants' equity (end of 2025) | ~$104 million |
Distinctive: The trust has done what trusts almost never do, twice: it raised its percentage from 30% to 38% in 2025, sending roughly $10 million in catch-up payments to people it had already paid, then raised it again to 45% in April 2026, with another round of supplemental payments.
GAF (G-I Holdings) Asbestos PI Settlement Trust
GAF (G-I Holdings) Asbestos PI Settlement Trust — asbestos roofing felts, shingles, siding, flooring, and insulation.
GAF was one of the country's major roofing and building-products makers, and its roofing felts and shingles, siding, flooring, and insulation were loaded with asbestos for decades. The trust, funded with more than $700 million, has been paying since 2009.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2001 → 2009 |
| Trust funding | More than $700 million |
| Mesothelioma scheduled value (min) | $155,000 |
| Mesothelioma maximum value | $450,000 |
| Current payment percentage | 5.0% |
| Actual mesothelioma range at current percentage | ~$7,750 – $22,500 |
| Net claimants' equity (end of 2025) | ~$255 million |
Distinctive: Roofers and roofing tear-off crews are the signature trades here — a claim population many insulation-centric trusts barely touch.
Garlock (GST Settlement Facility)
Garlock (GST Settlement Facility) — Garlock asbestos gaskets and compression packing.
Garlock Sealing Technologies was one of the largest makers of asbestos gaskets and packing in the country, sealing flanged joints and valve stems on industrial piping and shipboard machinery. The GST Settlement Facility was funded with about $480 million, and the operating Garlock business survived, asbestos-free, under EnPro.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2010 → 2017 |
| Trust funding | ~$480 million |
| Mesothelioma values | Individually negotiated; inflation-adjusted maximums |
| Payment percentage | None published — annual payment budget |
| Net claimants' equity (end of 2025) | ~$358 million |
Distinctive: No published payment percentage: Garlock manages a yearly payment budget and scales individual settlement offers case by case, with maximum values adjusted for inflation each year.
General Motors (Motors Liquidation) Asbestos PI Trust
General Motors (Motors Liquidation) Asbestos PI Trust — asbestos brakes and clutches on GM vehicles.
For most of the twentieth century, the brakes and clutches on General Motors vehicles were asbestos, and every mechanic who blew out a brake drum, ground a lining to fit, or replaced a clutch breathed that dust. GM's 2009 bankruptcy fixed its asbestos liability at $625 million and routed it into a trust that has paid more than $136 million to over 25,000 claimants since 2012.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2009 → 2012 |
| Trust funding | $625 million fixed liability (paid in stock and creditor-trust units) |
| Mesothelioma scheduled value (min) | $175,000 |
| Mesothelioma maximum value | $525,000 |
| Current payment percentage | 10.3% (reduced December 2025) |
| Actual mesothelioma range at current percentage | ~$18,025 – $54,075 |
| Net claimants' equity (end of 2025) | ~$130 million (held steady in 2025) |
Distinctive: The trust for mechanics: professional and shade-tree brake and clutch work on GM vehicles is the core exposure, and it pairs naturally with the Abex, Wagner, Ferodo, and Bendix brake claims.
J.T. Thorpe Company Successor Trust (Texas)
J.T. Thorpe Company Successor Trust (Texas) — Texas and Louisiana refractory and insulation contracting.
J.T. Thorpe Company was a major refractory and insulation contractor across Texas and Louisiana, installing, repairing, and tearing out the asbestos linings and insulation that let furnaces, boilers, and process equipment hold extreme heat. Its trust, built largely on the company's insurance recoveries, holds about $85 million.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2002 → ~2004 (initial percentage approved 2005) |
| Trust funding | Company notes + insurance recoveries |
| Mesothelioma scheduled value (min) | $100,000 |
| Mesothelioma maximum value | $100,000 |
| Current payment percentage | 23% |
| Actual mesothelioma range at current percentage | ~$23,000 |
| Net claimants' equity (end of 2025) | ~$85 million (grew in 2025) |
Distinctive: Scheduled mesothelioma value of $100,000 at 23%, with more possible through Individual Review — and a fund that grew in 2025 because investment income outpaced claim payments.
Kentile Floors (Metex) Asbestos Trust
Kentile Floors (Metex) Asbestos Trust — Kentile vinyl-asbestos and asphalt floor tile.
Kentile Floors made vinyl-asbestos and asphalt floor tile laid in homes, schools, and commercial buildings for decades, and the litigation over it drove the company into bankruptcy in 1992. The Metex trust, built largely on insurance recoveries, has been paying since 2015.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 1992 → 2015 (paying) |
| Trust funding | Cash + insurance recoveries |
| Mesothelioma scheduled value (min) | $135,000 |
| Mesothelioma maximum value | $330,000 |
| Current payment percentage | 7.25% |
| Actual mesothelioma range at current percentage | ~$9,787.50 – $23,925 |
| Net claimants' equity (end of 2025) | ~$99.6 million (grew slightly in 2025) |
Distinctive: The trust for flooring installers and tile mechanics — scoring, snapping, and sanding Kentile tile and sweeping the cutting dust.
Leslie Controls Asbestos PI Trust
Leslie Controls Asbestos PI Trust — steam control valves with asbestos gaskets and packing.
Leslie Controls made the control valves that ran steam systems on Navy ships, in powerhouses, and across heavy industry, sealed with asbestos gaskets and packing that went airborne with every service and repack. Its parent CIRCOR funded the trust with $74 million plus insurance recoveries, and it has been paying since 2011.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2010 → 2011 |
| Trust funding | $74 million + $2.6M insurance settlement + future recoveries |
| Mesothelioma scheduled value (min) | $25,000 |
| Mesothelioma maximum value | $350,000 |
| Current payment percentage | 6.25% |
| Actual mesothelioma range at current percentage | ~$1,562.50 – $21,875 |
| Net claimants' equity (end of 2025) | ~$62 million |
Distinctive: Two schedules in one trust: Powerhouse and Below-Deck Naval claims ($100,000 scheduled to $350,000 maximum) pay several times the Construction and Maintenance schedule ($25,000 to $125,000), so where you were exposed matters as much as what you did.
Manville Personal Injury Settlement Trust (Johns-Manville)
Manville Personal Injury Settlement Trust (Johns-Manville) — the full Johns-Manville asbestos product line: insulation, cements, Transite pipe and sheet, roofing, and raw fiber.
Johns-Manville was the largest asbestos company in America, and its 1982 Chapter 11 — filed under the weight of lawsuits the law had no mechanism to resolve — produced the first asbestos trust and the template Congress later codified as §524(g). Consummated in 1988 and funded with cash, Manville securities, and insurance proceeds, the trust has paid more than $5.3 billion across more than a million settled claims. Manville calls its percentage the "pro rata share"; it has moved seven times since 1995, most recently in September 2026, when the trust raised it from 5.1% to 5.6% and began paying retroactive supplements.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 1982 → 1988 |
| Trust funding | Cash, Manville securities, and insurance proceeds |
| Mesothelioma scheduled value (min) | $350,000 |
| Mesothelioma maximum value | $750,000 |
| Current payment percentage | 5.6% (pro rata share; raised from 5.1%, September 2026) |
| Actual mesothelioma range at current percentage | ~$19,600 – $42,000 |
| Net claimants' equity (end of 2025) | ~$563.3 million ($539.3 million at March 31, 2026) |
Distinctive: The original asbestos trust — every other trust on this page follows its design — and uniquely, it requires no product or job-site identification: Manville mined and sold so much asbestos that the trust presumes its products were involved, so a qualifying diagnosis plus pre-1983 asbestos exposure is enough. Mesothelioma carries no dose threshold, living mesothelioma claimants jump the queue under an irrebuttable Exigent Health presumption, and the trust reports its finances quarterly.
NARCO Asbestos Trust
NARCO Asbestos Trust — North American Refractories gun mixes, castables, and coatings.
North American Refractories (NARCO) made the refractory gun mixes, castables, and coatings — Narcogun, Aerogun — that lined the furnaces and vessels of steel mills, foundries, aluminum and glass plants, and power stations. Honeywell backed the trust and in January 2023 bought out its future funding obligations with a lump sum of about $1.33 billion.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2002 → 2013 |
| Trust funding | ~$1.33 billion (Honeywell 2023 buyout) |
| Mesothelioma scheduled value (min) | $75,000 |
| Mesothelioma maximum value | $1,379,580 |
| Current payment percentage | 100% — no payment-percentage reduction |
| Actual mesothelioma range at current percentage | ~$75,000 – $1,379,580 |
| Net claimants' equity (end of 2025) | ~$1.26 billion |
Distinctive: Pays 100% of claim value, nearly unique among asbestos trusts, and carries the widest scheduled-to-maximum gap on this page ($75,000 to a CPI-adjusted $1,379,580) — which makes Individual Review more consequential here than anywhere else.
National Gypsum (NGC Bodily Injury) Trust
National Gypsum (NGC Bodily Injury) Trust — Gold Bond asbestos joint compound.
National Gypsum's Gold Bond joint compound was the paste drywall finishers spread over seams and screw heads and sanded smooth — the dustiest job on the site, and the dust was chrysotile asbestos. The NGC Bodily Injury Trust came out of the company's second Chapter 11 in 2002 and has been paying since 2003.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2002 → 2003 |
| Trust funding | — |
| Mesothelioma scheduled value (min) | $22,500 |
| Mesothelioma maximum value | $180,000 |
| Current payment percentage | 45% (raised from 40%, January 2023) |
| Actual mesothelioma range at current percentage | ~$10,125 – $81,000 |
| Net claimants' equity (end of 2025) | ~$197.7 million |
Distinctive: One of the highest percentages of any trust, and its claim values rise 2.5% each year, so the current-year figures run above the base values shown.
Owens Corning Asbestos PI Trust (OC Sub-Account)
Owens Corning Asbestos PI Trust (OC Sub-Account) — Kaylo high-temperature asbestos pipe and block insulation (1959 onward).
Owens Corning made Kaylo, the high-temperature asbestos pipe and block insulation that wrapped steam lines, boilers, and process piping in factories, power plants, refineries, and ships for decades. Its reorganization funded the Owens Corning/Fibreboard trust with about $3.4 billion in cash and stock, paying since 2006.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2000 → 2006 |
| Trust funding | ~$3.4 billion (cash and stock) |
| Mesothelioma scheduled value (min) | $215,000 |
| Mesothelioma maximum value | $650,000 |
| Current payment percentage | 4.3% (reduced from 4.7%, June 30, 2026) |
| Actual mesothelioma range at current percentage | ~$9,245 – $27,950 |
| Net claimants' equity (end of 2025) | ~$474 million (OC sub-account) |
Distinctive: Kaylo was made by Owens-Illinois before 1959 and Owens Corning after, so exposure spanning that line can mean two separate trust claims, one against each.
Owens-Illinois (Paddock) Asbestos PI Trust
Owens-Illinois (Paddock) Asbestos PI Trust — Kaylo asbestos insulation made before 1959.
Owens-Illinois invented Kaylo in the early 1940s and made it until the end of 1958, when it sold the line to Owens Corning; that early Kaylo went onto the steam lines, boilers, and ships of the wartime and postwar years. The liability was resolved through Paddock Enterprises, whose 2020 bankruptcy funded the trust with about $610 million, paying since 2022.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2020 → 2022 |
| Trust funding | ~$610 million |
| Mesothelioma scheduled value (min) | $100,000 |
| Mesothelioma maximum value | $382,600 |
| Current payment percentage | 65% (raised from 50%, August 19, 2026) |
| Actual mesothelioma range at current percentage | ~$65,000 – $248,690 |
| Net claimants' equity (end of 2025) | ~$550 million (grew in 2025) |
Distinctive: Pays 65% of claim value in a single payment — far more than most trusts pay at all. It used to pay 50% as a first installment; since August 2026 it pays 65% with no second installment, and claimants paid at 50% receive a supplemental payment. Exposure after 1958 points to the Owens Corning trust instead; a history spanning the line can support both.
Pittsburgh Corning Asbestos PI Trust
Pittsburgh Corning Asbestos PI Trust — Unibestos amosite pipe and block insulation.
Pittsburgh Corning, a joint venture of Corning and PPG, made Unibestos — high-temperature pipe and block insulation built with amosite, one of the most hazardous asbestos types — and sold it from 1962 to 1972. After one of the longest asbestos bankruptcies on record, the trust was funded with about $3.7 billion and began paying in 2017.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2000 → 2016 (paying 2017) |
| Trust funding | ~$3.7 billion |
| Mesothelioma scheduled value (min) | $175,000 |
| Mesothelioma maximum value | $500,000 |
| Current payment percentage | 19% |
| Actual mesothelioma range at current percentage | ~$33,250 – $95,000 |
| Net claimants' equity (end of 2025) | ~$1.14 billion (grew in 2025) |
Distinctive: Unibestos sold for only a decade, but the insulation stayed in service far longer, and exposure from tearing it out years later — into the 1980s — can still qualify.
Plant Insulation Company Asbestos Settlement Trust
Plant Insulation Company Asbestos Settlement Trust — Bay Area asbestos insulation contracting and distribution.
Plant Insulation was the San Francisco Bay Area's major insulation contractor and Fibreboard distributor, installing and tearing out asbestos insulation across Northern California's refineries, powerhouses, shipyards, and plants. Its trust was funded with about $243 million, drawn substantially from insurance.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2009 → 2012 |
| Trust funding | ~$243 million (largely insurance) |
| Mesothelioma valuation | Average mesothelioma value $650,000; standard range 10% to 4× that value |
| Current payment percentage | 20% (has climbed as funding firmed up) |
| Actual mesothelioma range at current percentage | ~$13,000 – $520,000 |
| Net claimants' equity (end of 2025) | ~$149 million |
Distinctive: A matrix trust: the average mesothelioma value is $650,000, adjusted by age, dependents, losses, and exposure rating to anywhere from 10% of that value to four times it (rarely eight), then paid at 20%.
Full Plant Insulation Company Asbestos Settlement Trust details →
Plibrico 524(g) Asbestos Trust
Plibrico 524(g) Asbestos Trust — Plibrico monolithic refractories — Plicast, Pliseal, Plisulate.
Plibrico made monolithic refractory products — castables, insulating cement, and boiler coatings under names like Plicast, Pliseal, and Plisulate — used in furnaces, boilers, and shipyards from the 1950s to the 1970s. Its trust was funded with roughly $206 million in 2006 and has drawn down over two decades of paying.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2002 → 2006 |
| Trust funding | ~$206 million |
| Mesothelioma scheduled value (min) | $350,000 |
| Mesothelioma maximum value | $750,000 |
| Current payment percentage | 0.94% |
| Actual mesothelioma range at current percentage | ~$3,290 – $7,050 |
| Net claimants' equity (end of 2025) | ~$60 million |
Distinctive: The highest scheduled values on this page paired with the lowest percentage — the cleanest proof that a headline percentage means nothing by itself. Value times percentage is the only number that matters.
Quigley Company Asbestos PI Trust
Quigley Company Asbestos PI Trust — Insulag, Panelag, and Damit refractory cements.
Quigley made the refractory cements — Insulag above all — that lined the hottest equipment in steel mills, glass plants, and foundries, made with chrysotile asbestos from the 1930s to the mid-1970s. A Pfizer subsidiary from 1968, it went into bankruptcy in 2004, and its trust, funded with more than $700 million, has been paying since 2013.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2004 → 2013 |
| Trust funding | More than $700 million |
| Mesothelioma scheduled value (min) | $200,000 |
| Mesothelioma maximum value | $450,000 |
| Current payment percentage | 13.3% (non-releasing claimants; reduced from 14.5%, October 30, 2025) |
| Actual mesothelioma range at current percentage | ~$26,600 – $59,850 |
| Net claimants' equity (end of 2025) | More than $516 million |
Distinctive: The trust pays two percentages under TDP §4.2: 13.3% for Non-Releasing claimants and 3.3% for Releasing claimants (reduced from 3.6%).
Sepco Asbestos Trust
Sepco Asbestos Trust — Sepco asbestos gaskets and compression packing.
Sepco — originally the Sealing Equipment Products Company — made the asbestos gaskets and packing that sealed pumps, valves, and piping in refineries, chemical plants, powerhouses, and factories. The trust, funded mostly through insurance, began accepting claims at the end of 2020.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2016 → 2020 |
| Trust funding | Insurance + remaining company value |
| Mesothelioma scheduled value (min) | $53,076 |
| Mesothelioma maximum value | $53,076 |
| Current payment percentage | 10% |
| Actual mesothelioma range at current percentage | ~$5,307.60 |
| Net claimants' equity (end of 2025) | ~$19 million (grew slightly in 2025) |
Distinctive: Sepco kept selling asbestos sealing products well into the 1980s, and certain gaskets into the early 1990s, so this trust reaches exposure from years that most trusts shut out.
T H Agriculture & Nutrition (THAN) Asbestos PI Trust
T H Agriculture & Nutrition (THAN) Asbestos PI Trust — raw chrysotile asbestos fiber distribution.
THAN was one of the country's distributors of raw chrysotile asbestos from 1960 to 1980, buying fiber from a Canadian mine and selling it to manufacturers who mixed it into their own products, including the maker of Bondex joint compound. Its trust took effect in November 2009, funded with $900 million.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2008 → 2009 |
| Trust funding | $900 million |
| Mesothelioma scheduled value (min) | $150,000 |
| Mesothelioma maximum value | $900,000 |
| Current payment percentage | 16.3% (raised from 15%, September 1, 2026) |
| Actual mesothelioma range at current percentage | ~$24,450 – $146,700 |
| Net claimants' equity (end of 2025) | ~$240 million (grew in 2025) |
Distinctive: You've likely never heard of THAN, and that's the point: its fiber went into other companies' branded products, so exposure to those products can support a THAN claim on top of the maker's own trust claim.
Thorpe Insulation Settlement Trust (California)
Thorpe Insulation Settlement Trust (California) — California asbestos insulation contracting and distribution.
Thorpe Insulation was a major Southern California insulation contractor and distributor, and its crews installed and stripped asbestos insulation across the state's refineries, powerhouses, shipyards, and plants for decades. Its trust was funded with about $389 million, most of it insurance money.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2007 → 2010 |
| Trust funding | ~$389 million (largely insurance) |
| Mesothelioma valuation | Average mesothelioma value $597,913; standard range 10% to 4× that value |
| Current payment percentage | 58.6% (recently raised) |
| Actual mesothelioma range at current percentage | ~$35,037.53 – $1,401,508.07 |
| Net claimants' equity (end of 2025) | ~$339 million |
Distinctive: A matrix trust that values cases the way California courts once did: average mesothelioma value $597,913, adjusted from 10% of that value to four times it (rarely eight), then paid at 58.6% — one of the highest percentages of any trust.
Turner & Newall (Federal-Mogul T&N Subfund)
Turner & Newall (Federal-Mogul T&N Subfund) — T&N asbestos textiles, sprayed Limpet insulation, cement sheets, and automotive parts.
Turner & Newall was once the largest asbestos company in Britain, making everything from asbestos textiles and sprayed Limpet insulation to cement sheets and auto parts. Federal-Mogul bought T&N in the late 1990s, inherited the liability, and the 2007 reorganization created the Federal-Mogul trust, funded with about $635 million; the T&N subfund is its largest part.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2001 → 2007 |
| Trust funding | Federal-Mogul trust-wide: ~$635 million |
| Mesothelioma scheduled value (min) | $200,000 |
| Mesothelioma maximum value | $600,000 |
| Current payment percentage | 2.9% (reduced from 3.9%, June 30, 2026) |
| Actual mesothelioma range at current percentage | ~$5,800 – $17,400 |
| Net claimants' equity (end of 2025) | ~$440 million (whole Federal-Mogul trust; grew in 2025) |
Distinctive: One bankruptcy, four subfunds: T&N products, Ferodo brakes, and Flexitallic gaskets pay from the T&N subfund at 2.9%, while Abex and Wagner brakes pay from the healthier FMP subfund at 12.2%.
United States Gypsum Asbestos PI Settlement Trust
United States Gypsum Asbestos PI Settlement Trust — Red Top plasters, Hi-Lite and Audicote acoustical plasters, and texture finishes.
U.S. Gypsum, the maker behind the Sheetrock name, made asbestos products for the wall and ceiling trades: Red Top plasters, Hi-Lite and Audicote acoustical plasters, and texture finishes like Imperial QT and Superhard, mixed and sanded on construction sites in every state. Its reorganization funded the trust with about $3.95 billion in 2006.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2001 → 2006 |
| Trust funding | ~$3.95 billion |
| Mesothelioma scheduled value (min) | $155,000 |
| Mesothelioma maximum value | $450,000 |
| Current payment percentage | 10% (reduced from 11%, June 30, 2026) |
| Actual mesothelioma range at current percentage | ~$15,500 – $45,000 |
| Net claimants' equity (end of 2025) | ~$830 million (grew in 2025) |
Distinctive: This is the trust for plasterers and drywall finishers — trades exposed by mixing dry powder and sanding the dried product — rather than the insulation workers most trusts center on.
Full United States Gypsum Asbestos PI Settlement Trust details →
W.R. Grace Asbestos PI Settlement Trust
W.R. Grace Asbestos PI Settlement Trust — Monokote fireproofing, Zonolite cement and plaster, and Libby, Montana vermiculite.
W.R. Grace caused asbestos harm two ways: it made construction products, most prominently Monokote spray-on fireproofing and the Zonolite line of insulating cement and acoustical plaster, and it mined asbestos-contaminated vermiculite at Libby, Montana — one of the worst asbestos disasters in American history. After more than a decade in bankruptcy, its trust was funded with over $3 billion and began paying in 2014.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2001 → 2014 |
| Trust funding | More than $3 billion |
| Mesothelioma scheduled value (min) | $180,000 |
| Mesothelioma maximum value | $450,000 |
| Current payment percentage | 30.1% |
| Actual mesothelioma range at current percentage | ~$54,180 – $135,450 |
| Net claimants' equity (end of 2025) | ~$1.83 billion — the largest balance of any trust on this page |
Distinctive: Beyond product exposure, this trust covers the Libby, Montana community, and Libby exposure carries no exposure-date cutoff, so residents and families — not just workers — can qualify.
Western Asbestos (Western MacArthur) Settlement Trust
Western Asbestos (Western MacArthur) Settlement Trust — Western states asbestos insulation contracting and distribution.
Western Asbestos and its successor Western MacArthur were the dominant insulation contractors and distributors across the Bay Area and the West, and their trust was funded with about $2 billion — one of the largest ever — almost entirely from insurance. It has been paying since 2004.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2002 → 2004 |
| Trust funding | ~$2 billion (almost entirely insurance) |
| Mesothelioma scheduled value (min) | $117,087 |
| Mesothelioma maximum value | $524,025 |
| Current payment percentage | 51.1% |
| Actual mesothelioma range at current percentage | ~$59,831.46 – $267,776.78 |
| Net claimants' equity (end of 2025) | ~$356 million |
Distinctive: Pays jurisdiction-based values — $524,025 for a California mesothelioma claim, $316,250 Minnesota, $117,087 North Dakota — each adjusted by case factors, then paid at 51.1%, among the highest percentages of any trust.
Yarway Asbestos PI Trust
Yarway Asbestos PI Trust — Yarway steam traps, valves, and controls with asbestos gaskets and packing.
Yarway made the valves, steam traps, and controls that ran high-pressure steam systems, sealed with asbestos gaskets and packing that went airborne whenever the equipment was opened, scraped, and repacked. Its trust took effect in August 2015, funded by Tyco with about $325 million.
| At a glance | 2026 |
|---|---|
| Bankruptcy → trust | 2013 → 2015 |
| Trust funding | ~$325 million |
| Mesothelioma scheduled value (min) | $55,000 |
| Mesothelioma maximum value | $150,000 |
| Current payment percentage | 27.5% (raised; December 2025 notice) |
| Actual mesothelioma range at current percentage | ~$15,125 – $41,250 |
| Net claimants' equity (end of 2025) | ~$213 million |
Distinctive: The trust raised its percentage to 27.5% and sent supplemental payments to claimants previously paid at the lower rate. But in August 2026 it reached its annual payment limit for cancer and severe asbestosis claims, so no more of those claims will be paid until January 2027 or until it resets its percentage; claims that wait keep their place at the front of the line and their payment percentage.
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Legal Disclaimer
This page is for general informational purposes only and is not legal or medical advice. Reading it does not create an attorney-client relationship, and no such relationship exists until you and the firm sign a written representation agreement. Every case is different, and prior results do not guarantee, promise, or predict the outcome of any future matter. Asbestos claims are subject to strict filing deadlines that vary by state, disease, and defendant; if you believe you may have a claim, speak with a licensed attorney promptly, because waiting can permanently bar your right to recover.
Frequently asked questions
Why don't asbestos trusts pay the full value of a claim?
For the same reason no bankruptcy pays creditors in full: when a company can't cover everything it owes, the law spreads what exists across everyone it harmed. An asbestos trust must do that across decades, because asbestos diseases take thirty to fifty years to surface, so every trust holds reserves for the families who won't be diagnosed until the 2040s. The payment percentage is that sharing rule made explicit, and it is set and reviewed under court supervision.
Which asbestos trust pays the most for mesothelioma?
Two trusts can pay more than $1.3 million on a single mesothelioma claim. NARCO pays 100% of claim values that reach $1,379,580 through Individual Review, with no percentage reduction. Thorpe Insulation pays 58.6% of individually valued cases, and at four times its $597,913 average value, that comes to about $1.4 million. By actual dollars, the DII Industries trust (60% of values up to $610,000 on the Harbison-Walker schedule) and Western Asbestos (51.1% of values up to $524,025) follow. But which trust pays you the most depends entirely on which products and job sites appear in your work history — and the largest recoveries come from filing every trust that applies, not from any single one.
Do payment percentages change?
Yes, in both directions, and several times a year across the trust system. Trusts reduce percentages when claims run ahead of projections — Armstrong, ACandS, Babcock & Wilcox, Combustion Engineering, GM, Owens Corning, Fibreboard, Quigley, U.S. Gypsum, and the Federal-Mogul T&N subfund all cut rates within the past year — and raise them when funding outperforms, as Manville, Owens-Illinois, API, THAN, Fuller-Austin, A.P. Green, Bondex, and Yarway recently did. When a trust raises its percentage, claimants paid earlier at the lower rate generally receive supplemental catch-up payments. Claims are paid at the percentage in effect when processed, which is one reason not to wait.
Can I file claims with more than one asbestos trust?
Yes, and most people should. The trusts pay independently and the claims don't offset each other. A single career around asbestos insulation, gaskets, refractories, or construction products typically supports claims against several trusts — and often a lawsuit against solvent companies on top of them. Building that full set of claims from one work history is the core of what we do. Learn more about how asbestos trust claims work.
Are the asbestos trusts running out of money?
No. The trusts on this page collectively held more than $15 billion in net assets at the end of 2025, several of the largest funds grew during the year, and multiple trusts recently raised their percentages and sent catch-up payments — the opposite of funds running dry. Individual trusts do draw down over time, and percentages get cut, which is an argument for filing promptly, not for assuming there's nothing left.
Do I have to file a lawsuit to get paid by a trust?
No. A trust claim is a paper claim, not a lawsuit — no court, no deposition, no defense lawyer on the other side. You submit proof of your diagnosis and your exposure, and the trust reviews it against its written rules and pays on its schedule. Many families recover from multiple trusts without ever filing suit.
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This page is provided for general informational purposes and does not constitute legal advice. Every asbestos case turns on its own facts, exposure history, diagnosis, deadlines, available evidence, and applicable law. Reviewing this page does not create an attorney-client relationship. For advice about your specific situation, call 833-4-ASBESTOS for a free case review.