Ramaco Resources, LLC v. Chubb INA Holdings, Inc. et al
Case Number:
2:19-cv-00703
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July 20, 2023
4th Circ. Revises $33M Award Against Chubb In Mining Row
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.
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July 19, 2021
Chubb Owes $33M In W.Va. Damaged Coal Equipment Trial
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.