CB · News · 20260818N

Litigation and Legal Risk

Chubb Ltd · 2026-08-18 · Importance 5 · Surprise 42

A Chubb unit, Westchester Surplus Lines Insurance Co., and pharmaceutical companies Rising Pharma Holdings Inc. and Casper Pharma LLC reached a confidential settlement on August 18, 2026. The lawsuit alleged that Westchester improperly delayed and refused coverage for product-liability claims involving a drug used to treat gout and kidney stones. The case cannot be fully dismissed until issues involving a non-party are resolved, leaving residual legal exposure and settlement-finalization risk.

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