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Goodyear Cleans Up

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Goodyear has won a $159 million settlement from an insurance lawsuit over environmental clean up costs.

The lawsuit, originally filed in 1993, challenged insurance companies that would not honour the company’s policies and pay out for government ordered clean ups of its facilities.

The manufacturer said that the settlement will be paid over the next 15 months, however it is withholding the identity of the insurance companies involved.

Related news:

  1. Goodyear Re-elects Directors
  2. Final Approval for Goodyear Retirement Fund Not Reached
  3. State Funds to Help Goodyear Headquarters Project
  4. Goodyear Ruled Liable for Crash, Despite Speed and Alcohol Factors
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