Chubb, AIG Among Insurers Hit With Suit Over Endo Product Claims

Aug. 15, 2024, 8:48 PM UTC

Dozens of insurers were named in a lawsuit brought by a trust handling claims related to opioids and other Endo International products as part of the drugmaker’s court-approved plan to exit Chapter 11 bankruptcy.

The named insurers either have disputed or are expected to dispute their duties to cover the underlying claims, the trustee said in a complaint filed Thursday in the US District Court for the Eastern District of Pennsylvania.

Nearly 40 carriers were named in the suit, including units of major insurers such as Chubb Ltd., American International Group Inc., AXA SA, Loews Corp., ...

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