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Johns Manville sues Liberty Mutual, Swiss Re over $22 million antitrust protection

whysavetoday by whysavetoday
September 14, 2025
in Insurance
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Johns Manville sues Liberty Mutual, Swiss Re over $22 million antitrust protection
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On the coronary heart of the dispute is a authorized battle between Johns Manville and its competitor, Chase Manufacturing, Inc., which does enterprise as Thermal Pipe Shields (TPS). TPS sued Johns Manville in 2019, alleging that Johns Manville and its subsidiary, Industrial Insulation Group, LLC (IIG), disparaged TPS’s calcium silicate insulation product – referred to as Calsil. The case went to trial in April 2024, with a jury in the end discovering Johns Manville Company liable on TPS’s antitrust declare. The jury awarded $6,784,042 in damages, later remitted to $6,149,090. Underneath federal antitrust legislation, these damages had been trebled, bringing the full to $18,447,270. The court docket additionally ordered Johns Manville to pay TPS’s attorneys’ charges and prices, including one other $3,810,021.64, for a complete judgment of $22,257,294.60. 

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Tags: antitrustCoverageJohnsLibertyManvilleMillionMutualsuesSwiss
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