CB · News · 20260914N
Litigation and Legal Risk
Chubb Ltd · 2026-09-14 · Importance 31 · Surprise 42
The U.S. Fifth Circuit affirmed that Chubb and Travelers units had no duty to defend Ericsson Inc. against claims related to alleged violations of U.S. anti-terrorism laws. The court determined that the allegations involved intentional acts, including knowingly making payments to foreign terrorist organizations, which were outside the insurers’ coverage obligations. The ruling eliminates the insurers’ potential defense obligation in Ericsson’s related litigation, although no monetary exposure was reported.