This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

Best's News

Best’s News & Research Service subscription required - April 07, 2022 02:26 PM (EDT)

Federal Judge Rules Insurers Not Liable for Up to $290 Million in Opioid Distributor’s Legal Defense

Subsidiaries of American International Group and Chubb are not on the hook to cover hundreds of millions in legal costs for an opioid distributor that agreed to a nationwide settlement of . . .

-- This content requires a subscription --

Already a Subscriber?

Log in Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

BestDay
Best's News
Best's Review
Best's Research
Best's Special Reports & Commentaries
Best's Rankings
and more...

Receive emails featuring AM Best's news and research
Opt-in

Duty To Defend Pharmaceutical Manufacturers Litigation

Reprints & Redistribution

Latest News

BEST'S NEWS
Best's News: AM Best Briefing Says MPL Improves, but Underwriting Results Stall
May 03, 2024 04:17 PM (EDT)

PEOPLE IN INSURANCE
Trupanion Initiates CEO Succession Plan
May 03, 2024 03:50 PM (EDT)

EARNINGS
RGA CEO: Asia, US, Pension Risk Transfer Lead Surge in Worldwide Deals
May 03, 2024 03:42 PM (EDT)

EARNINGS
Corebridge Swings to Black in First Quarter as Premiums and Deposits Rise
May 03, 2024 03:23 PM (EDT)

CATASTROPHES
Aon Estimates Multibillion Loss From Latest Storms; Gallagher Re Pegs YTD Hit at $14 Billion
May 03, 2024 03:11 PM (EDT)

More from Best’s News

Trending

1

EARNINGS
AIG CEO: Streamlining Effort Includes US Staff Cuts Through Retirement Incentive
May 02, 2024 02:46 PM (EDT)

2

EARNINGS
Cigna Reports $277 Million First-Quarter Loss on VillageMD Impairment
May 02, 2024 12:06 PM (EDT)

3

BEST'S CREDIT RATING ACTION
Best’s Special Report: Highly Innovative Personal Auto Carriers Have Significant Competitive Edge
May 02, 2024 10:44 AM (EDT)

4

EARNINGS
Prudential to Close Assurance IQ Following Losses in Wake of 2019 Acquisition
May 01, 2024 02:19 PM (EDT)

5

SPECIAL REPORT
Best’s Market Segment Report: U.S. Medical Professional Liability Segment’s Profitability Buoyed by Net Investment Income
May 01, 2024 09:24 AM (EDT)

1

EARNINGS
Prudential Financial First-Quarter Net Attributable Income Drops to $1.14 Billion
Apr 30, 2024 05:28 PM (EDT)

2

STATE LEGISLATION
Louisiana Commissioner: Legislators Approve Four Bills to Tackle Insurance Crisis
Apr 29, 2024 02:08 PM (EDT)

3

CATASTROPHE MODELING
Industry Executives Urge Need for Speed on California Regulatory Model Changes
Apr 26, 2024 04:34 PM (EDT)

4

EARNINGS
Florida-Based Universal Increases First-Quarter Net Income 39.2%, Cedes Less Premium
Apr 26, 2024 02:51 PM (EDT)

5

REGULATION
New Fiduciary Rule on Annuity Sales To Take Effect in September, US Labor Department Says
Apr 26, 2024 01:55 PM (EDT)

1

EMPLOYEE TERMINATION
Insurance Industry Layoffs: USAA Cuts 220 Positions
Apr 11, 2024 01:57 PM (EDT)

2

BEST'S CREDIT RATING ACTION
AM Best Downgrades Credit Ratings of State Farm General Insurance Company
Mar 28, 2024 03:36 PM (EDT)

3

PEOPLE IN INSURANCE
United Educators Insurance Names Successor to Retiring President-CEO
Aug 09, 2023 11:34 AM (EDT)

4

A.M. Best Assigns Ratings to Knight Specialty Insurance Company
Dec 18, 2014 01:26 PM (EST)

5

Three Insurers Win Ruling That WTC Disaster Was One Event
Sep 25, 2002 12:00 AM (EDT)

1

BEST'S CREDIT RATING ACTION
AM Best Downgrades Credit Ratings of State Farm General Insurance Company
Mar 28, 2024 03:36 PM (EDT)

2

CATASTROPHES
Update: Marine Mutual Britannia Confirms Insurance Role in Baltimore Bridge Ship Collision
Mar 26, 2024 02:11 PM (EDT)

3

ELECTIONS 2010
North Carolina Commissioner Races Competitive on Both Sides
Mar 01, 2024 11:28 AM (EST)

4

A.M. Best Assigns Ratings to Knight Specialty Insurance Company
Dec 18, 2014 01:26 PM (EST)

5

Three Insurers Win Ruling That WTC Disaster Was One Event
Sep 25, 2002 12:00 AM (EDT)

AM Best TV

Related Companies

AMB#	Company Name
001996	ACE Property and Casualty Insurance Co
002351	National Union Fire Ins Co Pittsburgh PA

SETTLEMENTS (LITIGATION)
AIG Unit to Pay $13.9M Settlement on Overcharging Allegations
Mar 19, 2024 02:18 PM (EDT)

BEST'S CREDIT RATING ACTION
AM Best Upgrades Issuer Credit Ratings for American International Group, Inc. and Its Property/Casualty Subsidiaries
Jan 26, 2024 03:28 PM (EST)

BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Chubb Limited and Its Subsidiaries
Dec 07, 2023 01:18 PM (EST)

BEST'S CREDIT RATING ACTION
AM Best Revises Issuer Credit Rating Outlook to Positive for American International Group, Inc. and Its P/C Subsidiaries
Dec 16, 2022 03:33 PM (EST)

BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Chubb Limited and Its Subsidiaries
Dec 01, 2022 05:02 PM (EST)

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html