The Owens Corning/Fibreboard Asbestos Personal Injury Trust compensates victims exposed to asbestos products manufactured by Owens Corning and Fibreboard Corporation, including the widely-used Kaylo pipe insulation [1]. With scheduled values of approximately $200,000 for mesothelioma claims and current payment percentages around 7-10%, claimants typically receive $14,000-$20,000 per claim [2]. This trust is one of over 60 active trusts that mesothelioma patients may qualify for based on their exposure history.
Executive Summary
Owens Corning was a major manufacturer of asbestos-containing insulation products, including Kaylo pipe and block insulation used extensively in construction, shipbuilding, and industrial applications from the 1940s through 1980s [4]. After filing for bankruptcy in 2000 due to asbestos litigation, the company established the OC/Fibreboard Trust in 2006 to compensate victims [3]. The trust now processes thousands of claims annually. Mesothelioma claimants can pursue expedited review for faster payment or individual review for potentially higher compensation. This trust claim is just one component of comprehensive mesothelioma compensation—most patients qualify for 10-20 different trust fund claims plus lawsuit settlements and VA benefits. Filing requires documenting exposure to specific Owens Corning or Fibreboard products.
10 Key Facts About the Owens Corning Fibreboard Trust
- Trust Established: 2006 following bankruptcy emergence [3]
- Companies Covered: Owens Corning and Fibreboard Corporation
- Mesothelioma Scheduled Value: Approximately $200,000 [1]
- Current Payment Percentage: 7-10% of scheduled value [2]
- Typical Mesothelioma Payment: $14,000-$20,000 [2]
- Primary Products: Kaylo insulation, ceiling tiles, roofing materials
- Peak Product Years: 1940s-1980s
- Expedited Review Time: 4-8 weeks typical
- Individual Review Time: 6-12 months
- Filing Deadline: Typically 2-3 years from diagnosis
What Products Does the Owens Corning Fibreboard Trust Cover?
The trust compensates victims exposed to asbestos products manufactured by both Owens Corning and Fibreboard Corporation [1][4].
Typical mesothelioma payment from Owens Corning Trust at current percentages
Owens Corning Products
Owens Corning was one of America's largest insulation manufacturers. Their asbestos-containing products included:
- Kaylo pipe insulation: The company's most widely used asbestos product, found in buildings and ships nationwide
- Kaylo block insulation: Used for boilers and high-temperature equipment
- Fiberglass insulation: Earlier formulations contained asbestos (later products asbestos-free)
- Various building materials: Roofing, siding, and construction products
Fibreboard Corporation Products
Fibreboard manufactured building products under the Pabco brand:
- Pabco ceiling tiles: Acoustic ceiling products for commercial buildings
- Pabco roofing products: Asphalt roofing containing asbestos
- Insulation board: Building insulation products
- Various industrial products: Additional construction materials
The asbestos products database provides comprehensive product identification information.
"With my CPA background, I understand trust fund financials—including how payment percentages work and when individual review might yield higher compensation than expedited claims. Kaylo insulation was everywhere in the 1960s and 70s, so most workers in construction, shipyards, or industrial trades likely have Owens Corning exposure."
— Paul Danziger, Founding Partner, Danziger & De Llano
Who Qualifies for Owens Corning Fibreboard Trust Claims?
Eligibility requires documented exposure to covered products and an asbestos-related disease diagnosis [1].
Disease Categories
The trust compensates various asbestos-related conditions, with mesothelioma receiving the highest scheduled values:
| Disease Category | Approximate Scheduled Value | Typical Payment (at 7-10%) |
|---|---|---|
| Mesothelioma | $200,000 | $14,000-$20,000 |
| Lung Cancer (with asbestosis) | $100,000-$150,000 | $7,000-$15,000 |
| Asbestosis (severe) | $40,000-$80,000 | $2,800-$8,000 |
| Other conditions | Varies | Varies |
Exposure Requirements
Claimants must demonstrate exposure to Owens Corning or Fibreboard products:
- Direct exposure: Worked directly with or installed covered products
- Bystander exposure: Worked near others using covered products
- Secondary exposure: Family members exposed through household contact with workers
Documentation Needed
Required evidence includes [5]:
- Medical records: Pathology report confirming mesothelioma diagnosis
- Employment records: W-2s, tax records, union membership cards
- Exposure evidence: Affidavit describing product exposure circumstances
- Site documentation: Evidence products were used at work locations
How Does the Owens Corning Trust Payment Process Work?
The trust offers two claim processing options [1].
Expedited Review
Faster processing for claims meeting standard criteria:
- Timeline: 4-8 weeks typical
- Requirements: Complete documentation meeting trust criteria
- Payment: Scheduled value × current payment percentage
- Best for: Claimants needing faster resolution
Individual Review
More thorough review potentially yielding higher payments:
- Timeline: 6-12 months typical
- Requirements: More extensive documentation; may include depositions
- Payment: May exceed scheduled value based on specific circumstances
- Best for: Cases with significant exposure or unusual circumstances
Understanding Payment Percentages
Trust fund payment percentages are set by trust administrators to ensure funds remain available for future claimants [2]. The current 7-10% payment percentage means:
- Scheduled value of $200,000 × 7% = $14,000 payment
- Scheduled value of $200,000 × 10% = $20,000 payment
Payment percentages are periodically adjusted based on trust assets and projected claim volumes.
"Many clients initially question whether trust fund claims are worthwhile given lower payment percentages. But when you qualify for 15 or 20 trusts, these payments add up to substantial compensation—often $200,000 to $400,000 total. Owens Corning claims are almost always part of a comprehensive recovery strategy."
— Paul Danziger, Founding Partner, Danziger & De Llano
How Do Owens Corning Trust Claims Fit with Other Compensation?
Owens Corning Trust claims are one piece of comprehensive mesothelioma compensation [2].
Multiple Trust Claims
Most mesothelioma patients qualify for 10-20 different bankruptcy trust claims based on their exposure history. A construction worker exposed to Kaylo insulation likely also encountered products from:
- Johns-Manville Trust
- Pittsburgh Corning Trust
- Celotex Trust
- USG Corporation Trust
- And many others
Lawsuits Against Solvent Companies
Trust claims do not prevent lawsuits against companies that didn't file bankruptcy. These lawsuits often result in settlements averaging $1-1.4 million for mesothelioma.
Veterans Benefits
Workers who were also military veterans may qualify for VA disability compensation separately from trust claims.
Total Compensation Example
| Compensation Source | Typical Amount |
|---|---|
| Lawsuit settlements | $1,000,000-$1,400,000 |
| Trust fund claims (10-20 trusts) | $180,000-$400,000 |
| VA benefits (if veteran) | Ongoing monthly payments |
| Total potential recovery | $1.2 million+ |
Learn more about the trust fund filing process.
What Is the History Behind Owens Corning's Asbestos Liability?
Understanding Owens Corning's history helps contextualize trust fund claims [3].
Corporate History
- 1938: Owens Corning founded as joint venture between Owens-Illinois and Corning Glass
- 1940s-1970s: Produced asbestos-containing insulation products including Kaylo
- 1978: Stopped manufacturing asbestos products
- 1993: Acquired Fibreboard Corporation
- 2000: Filed Chapter 11 bankruptcy due to asbestos litigation
- 2006: Emerged from bankruptcy; established asbestos trust
What the Company Knew
Corporate documents revealed that Owens Corning knew about asbestos dangers but continued manufacturing products:
- Internal studies documented health risks
- Failed to adequately warn workers or provide protective equipment
- Continued production despite mounting evidence of harm
The corporate asbestos coverup guide documents industry-wide knowledge concealment.
Frequently Asked Questions
How much does the Owens Corning Fibreboard Trust pay for mesothelioma claims?
The trust's scheduled value for mesothelioma is approximately $200,000. With current payment percentages at 7-10%, typical mesothelioma payments range from $14,000 to $20,000 per claim. Individual review may yield higher payments for cases with extensive exposure documentation or unusual circumstances.
What products qualify for Owens Corning Fibreboard Trust claims?
Covered products include Kaylo pipe and block insulation (the most common), Fibreboard/Pabco ceiling tiles and roofing materials, early fiberglass insulation formulations containing asbestos, and various other building products manufactured by Owens Corning or Fibreboard Corporation from the 1940s through early 1980s.
How do I file a claim with the Owens Corning Fibreboard Trust?
Claims require: medical records confirming mesothelioma diagnosis, evidence of exposure to Owens Corning or Fibreboard products (employment records, site documentation, exposure affidavit), and completed trust claim forms. Most claimants work with mesothelioma attorneys who handle documentation gathering and filing.
How long does it take to receive payment from the trust?
Expedited review claims typically process in 4-8 weeks when documentation is complete. Individual review claims—which may result in higher payments—typically take 6-12 months. All timelines are approximate and can vary based on trust workload and documentation completeness.
Can I file an Owens Corning Trust claim and still pursue other compensation?
Yes. Trust fund claims are completely separate from lawsuits against solvent companies, claims against other bankruptcy trusts, and VA benefits for veterans. Most mesothelioma patients file claims with 10-20 different trusts while simultaneously pursuing lawsuits. There is no reduction or offset between these compensation sources.
What is the deadline for filing Owens Corning Trust claims?
The trust has its own statute of limitations, typically allowing claims within 2-3 years of mesothelioma diagnosis or discovery that your disease is asbestos-related. Because trust deadlines can differ from state lawsuit deadlines, consulting with a mesothelioma attorney promptly after diagnosis ensures you don't miss any filing windows.
Next Steps: Filing Your Owens Corning Trust Claim
If you were exposed to Kaylo insulation or other Owens Corning/Fibreboard products and have been diagnosed with mesothelioma, you likely qualify for this trust fund claim—plus claims from many other trusts.
Our experienced attorneys can evaluate your complete exposure history, identify all applicable trusts, and handle the entire claims process while you focus on treatment and family.
Related Resources
- Asbestos Trust Funds: Complete Guide — Overview of all active trusts
- Veterans Benefits for Mesothelioma — VA compensation information
- Find Mesothelioma Lawyers — Connect with specialists nationwide
- Free Case Assessment — Evaluate your options
Learn More
- Owens Corning Trust — Detailed trust information
- Asbestos Trust Funds — Complete trust fund overview
- Trust Fund Filing Guidance — Step-by-step process
Sources:
- OC/Fibreboard Trust. (2025). Owens Corning/Fibreboard Asbestos Personal Injury Trust Distribution Procedures.
- RAND Institute for Civil Justice. (2024). Asbestos Trust Fund Payment Percentage Analysis.
- U.S. Bankruptcy Court. (2006). Owens Corning Bankruptcy and Trust Establishment Documents.
- Environmental Protection Agency. (2024). Asbestos-Containing Products in Construction Industry.
- American Bar Association. (2024). Trust Fund Claim Documentation Requirements.
Last updated: January 11, 2026
About the Author
Paul DanzigerFounding Partner at Danziger & De Llano with 30+ years of mesothelioma litigation experience and CPA background
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