Construction Materials & Insulation Asbestos Trust Funds
Construction-material and insulation manufacturers were among the companies most heavily associated with historic asbestos use. After some of these businesses reorganized in bankruptcy, asbestos personal-injury trusts were created to resolve qualifying present and future claims. This page explains how these trusts work, the kinds of products and exposure histories they may cover, and why each trust must be evaluated under its own current Trust Distribution Procedures.
Construction Materials and Insulation Trust Fund Overview
Asbestos was historically incorporated into many construction and insulation products because of its heat resistance, durability and insulating properties. Bankruptcy trusts connected to this sector may involve companies associated with insulation, wallboard, joint compounds, cement products, roofing materials, refractory products, pipe insulation and other building materials.
Each trust operates under its own court-approved governing documents. Claim eligibility, disease levels, exposure criteria, scheduled values, payment percentages and review procedures can differ substantially from one trust to another.
How Asbestos Trust Funds Work
Asbestos personal-injury trusts are generally established through Chapter 11 reorganization plans to assume and resolve defined asbestos liabilities. The trust then evaluates claims under a Trust Distribution Procedure, or TDP, approved as part of the bankruptcy process.
A claimant typically must establish both a qualifying asbestos-related disease and exposure connected to a debtor, covered company, product or approved site. Even when a claim is allowed, the amount actually paid can be lower than the claim’s Scheduled or Liquidated Value because many trusts apply a Payment Percentage.
Companies and Products Linked to Construction-Material Trusts
Construction-material and insulation trusts may be associated with products such as:
- Pipe and block insulation.
- Drywall and gypsum products.
- Joint compounds and finishing materials.
- Roofing felts, shingles and roofing materials.
- Asbestos cement board and related building products.
- Refractory and high-temperature insulation products.
- Fireproofing materials.
- Insulation used in industrial, commercial, residential and shipboard construction.
The existence of a trust connected to a manufacturer does not automatically establish that every product made by that company contained asbestos or that every worker exposed to a company product qualifies for compensation.
Who May Qualify to File a Claim?
Potential claimants may include construction workers, insulators, pipefitters, boilermakers, drywall workers, maintenance workers, demolition workers and others who encountered asbestos-containing construction materials or insulation. Family members may also have potential secondary-exposure claims under some trusts, depending on the governing procedures.
Eligibility is trust-specific. A claimant may need to establish a qualifying diagnosis, exposure before a defined cutoff date, work at an approved site, exposure to a covered product, minimum exposure duration, occupational exposure history or other criteria stated in the applicable TDP.
Medical and Exposure Evidence
Trust claims generally require medical documentation supporting the asbestos-related disease being claimed. Depending on the trust and Disease Level, this can include pathology, radiology, pulmonary-function testing, physician reports and other records.
Exposure evidence can include employment records, Social Security records, union records, job-site records, invoices, coworker affidavits, product-identification evidence and approved site lists. Many trusts publish current site lists and filing instructions that help define what evidence is acceptable.
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Payment Percentages and Claim Values
A trust’s Scheduled Value is not the same as the amount a claimant actually receives. Many active asbestos trusts apply a Payment Percentage to an approved Scheduled Value or Individual Review settlement amount.
Current official examples show why trust-specific research is essential. As of September 2026, the United States Gypsum Asbestos Personal Injury Settlement Trust states a 10% Payment Percentage. The Owens Corning/Fibreboard Trust states 4.3% for the Owens Corning subfund and 3.5% for the Fibreboard subfund. The Pittsburgh Corning Corporation Trust states a 19% Payment Percentage.
These percentages apply only to their respective trusts and should never be transferred to another trust. Payment percentages can change, and current official notices should be checked before any payment estimate is made.
Expedited and Individual Review
Many construction-material trusts offer more than one review path. Expedited Review generally uses presumptive medical and exposure criteria and assigns a Scheduled Value when those criteria are satisfied. Individual Review evaluates claim-specific factors and can result in a different Liquidated or Settlement Value, subject to the trust’s TDP.
Official websites for United States Gypsum, Owens Corning/Fibreboard and Pittsburgh Corning currently state that claimants may choose between Expedited Review and Individual Review, subject to each trust’s rules.
Examples of Active Construction-Material and Insulation Trusts
United States Gypsum Asbestos Personal Injury Settlement Trust
USG’s official trust website states that the Trust was established under Chapter 11 to resolve asbestos claims for which USG has legal responsibility. It began accepting claims on February 19, 2007. The current official Payment Percentage is 10%.
Owens Corning/Fibreboard Asbestos Personal Injury Trust
The official Owens Corning/Fibreboard site states that the Trust was formed on October 31, 2006 after the bankruptcy of Owens Corning and Fibreboard. It began accepting claims on August 27, 2007. The current official site lists separate Payment Percentages of 4.3% for Owens Corning and 3.5% for Fibreboard.
Pittsburgh Corning Corporation Asbestos Personal Injury Settlement Trust
The official Pittsburgh Corning site states that the Trust was established under Chapter 11 and began accepting claims on March 21, 2017. Its current official Payment Percentage is 19%.
Manville Personal Injury Settlement Trust
The Manville Trust was established through the Manville Corporation reorganization to assume liabilities for existing and future asbestos health claims. It became one of the earliest major asbestos personal-injury trusts and remains an important historical model for asbestos bankruptcy trust administration.
Confirmed Primary Sources
No law-firm or lead-generation website was used as factual authority for the trust-specific examples on this page. Primary trust sources reviewed include:
- United States Gypsum Asbestos Personal Injury Settlement Trust official website.
- Owens Corning/Fibreboard Asbestos Personal Injury Trust official website.
- Pittsburgh Corning Corporation Asbestos Personal Injury Settlement Trust official website.
- Manville Personal Injury Settlement Trust official administrator website.
Because this page covers a category of trusts rather than a single trust, payment percentages and claim rules are presented only as clearly labeled examples. Individual trust pages should be checked for current TDPs, notices, disease values and payment percentages before filing.
Related Asbestos Trust Fund Resources
Asbestos Trust Fund Basics
Official Construction-Material Trust Sources
- United States Gypsum Asbestos Trust
- Owens Corning/Fibreboard Asbestos Trust
- Pittsburgh Corning Asbestos Trust
Historic Insulation Trust Information
Frequently Asked Questions About Construction Materials and Insulation Asbestos Trust Funds
What are construction materials and insulation asbestos trust funds?
They are asbestos personal-injury trusts associated with companies that historically manufactured, sold, installed or were legally responsible for asbestos-containing building materials or insulation.
Can a person qualify for more than one asbestos trust?
Potentially. A person may have exposure connected to products or companies covered by multiple trusts. Each claim must independently satisfy the requirements of the applicable trust.
Do all construction-material trusts use the same Payment Percentage?
No. Payment Percentages are trust-specific and can change. Current official examples range widely, which is why each trust must be researched separately.
What is Expedited Review?
Expedited Review generally uses presumptive medical and exposure criteria and, when those criteria are met, assigns the trust’s Scheduled Value before application of the applicable Payment Percentage.
What is Individual Review?
Individual Review evaluates claim-specific medical, exposure and other factors. The resulting value may differ from the Scheduled Value and is subject to the applicable TDP.
What kinds of exposure records can support a claim?
Depending on the trust, useful records can include employment histories, Social Security records, union records, job-site records, invoices, product evidence and coworker affidavits.
Does working with insulation automatically qualify someone for compensation?
No. A claimant must satisfy the specific medical, exposure and procedural requirements of the trust involved. Compensation is not guaranteed.
Why do Payment Percentages change?
Trustees periodically reassess available assets, expected future claims and other obligations. A trust may increase or decrease its Payment Percentage to preserve equitable treatment of present and future claimants.
Get Help Reviewing Construction-Material and Insulation Asbestos Trust Claims
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Prior asbestos exposure does not automatically establish eligibility for a trust claim or asbestos lawsuit. Eligibility depends on medical and exposure evidence, the responsible company or product, current Trust procedures, filing requirements and individual circumstances. Compensation is not guaranteed.
⚕️ Legal & Medical Information Disclaimer
This page provides general educational information and is not medical or legal advice. The information does not establish asbestos exposure, diagnosis, causation, liability, claim eligibility or compensation. Medical concerns should be discussed with a qualified healthcare professional, and legal questions should be reviewed with a qualified attorney.