July 20, 2023
A West Virginia federal court wrongly reduced a coal company's $7.6 million contractual damages award against three Chubb units after a jury trial over a hopper collapse, the Fourth Circuit ruled Thursday.
July 19, 2021
Chubb units must pay $32.7 million to a coal company that suffered equipment damage when a hopper collapsed in one of its silos, a West Virginia federal jury found, rejecting the insurer's arguments that the failure triggered either rust or wear and tear exemptions in the policy.