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.
Key facts
- Chubb Ltd unit Westchester Surplus Lines Insurance Co. and pharmaceutical companies Rising Pharma Holdings Inc. and Casper Pharma LLC reached a confidential settlement to resolve a lawsuit alleging improper delay and refusal to cover product liability claims related to a drug for gout and kidney stones. source
- The lawsuit involving Chubb's unit cannot be fully dismissed until issues involving a non-party are resolved. source