An opioid wholesaler’s insurance win against
A federal district court said this month that a Chubb unit must pay for North Carolina Mutual Wholesale Drug Co.’s defense costs in 115 lawsuits from local governments alleging it oversold opioid painkillers to pharmacies. The distributor held private company director and officer insurance with Chubb, which covers a broader category of losses compared with the narrower liability policies.
The decision is one of the first policyholder D&O insurance wins covering ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.