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API, Inc. asbestos trust: payment percentage and values

Each disease on an approved claim gets 44% of its set amount from the API, Inc. Asbestos Settlement Trust.

Current payout share
44%

Record of the API, Inc. trust

Rate in effect sinceSeptember 1, 2026
Rate before that22%
StatusActive, paying claims
Company behind itAPI, Inc.
Net assets$7.7 million, as of December 31, 2025
Set up2011
Bankruptcy caseNo. 05-30073
CourtU.S. Bankruptcy Court, District of Minnesota
Claims handled byDelaware Claims Processing Facility (DCPF)
Other trusts' ratesAsbestos trust fund list

Ask whether a claim fits the API, Inc. trust and the other trusts in the work history.

Ask about this trust: +1 844 820 4615

Products that API, Inc. made

Old asbestos pipe and boiler insulation lagging in a basement boiler room
pipe insulationwire insulation
thermal insulationinsulation boards

To support a claim, you must show that the person worked with these products or was around them.

Steps to submit a claim to the API, Inc. trust

  1. Get a written diagnosis from a doctor, backed by an exam or pathology report.
  2. Gather records showing the person worked with or around the company's products, like employment, construction, or sales records.
  3. The Delaware Claims Processing Facility (DCPF) takes in claims for the API, Inc. trust and runs Trust Online, the trust's own online filing system. Use the trust's own claim form to file, attaching those records.
  4. Each trust pays only a portion of any claim, so file with every other trust in the work history at once.

Step-by-step guide to trust claims · Lawsuit filing deadlines by state

Other trusts that have paid for pipe and boiler insulation

TrustShare paid todayMesothelioma claim pays now
W. R. Grace30.1%$54,180
Pittsburgh Corning19%$33,250
Owens Corning / Fibreboard4.3%$9,245
Quigley13.3%$26,600

Sources: payout rate comes from the trust's payment notice; products data from mesotheliomafund.com; trust details from AsbestosTrusts.org (CC BY 4.0), updated every month.