A wave of insurance claims related to the nation’s opioid crisis is coming ashore, and insurers are trying to make sure they’re not stuck with the bill.
Navigators Specialty Insurance Co. is just one of the insurers arguing it shouldn’t have to defend or indemnify policy holders against opioid-related claims. It’s asking a California federal court to rule it doesn’t have to defend or cover drug company Assertio Therapeutics Inc. (formerly Depomed Inc.) in approximately 38 separate lawsuits brought between March and December 2018 against it and other makers of opioids.
How the U.S. District Court for the Northern District ...
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