Bradley Nash Quoted in Bloomberg Law and Law360 on Chubb’s Opioid Insurance Loss
Alert
08.30.2023
Bradley Nash spoke with Bloomberg Law and Law360 about the impact of an opioid wholesaler’s recent insurance win against Chubb, one of the first decisions finding coverage under a D&O policy for defense costs in opioid litigation. As the law continues to evolve in this area, the court’s holding that D&O coverage can apply to losses arising from opioid litigation, could create a new avenue for pharmaceutical companies defending such lawsuits. Brad notes the decision “definitely underscores that D&O coverage can be available for these opioid claims,” but adds that the decision “is very likely to be appealed,” as “Chubb is not going to want this precedent to stand.” Read the full Bloomberg Law article here and the Law360 article here.