Pharmaceutical Distributor And 3 Insurers Reach Confidential, Amicable Settlement

(July 19, 2016, 3:19 PM EDT) -- ATLANTA — After reaching confidential settlements, a pharmaceutical distributor insured and three of its five insurers on July 8 moved to dismiss the insured’s appeal asking the 11th Circuit U.S. Court of Appeals to overturn a lower court's finding that the insurers have no duty to defend or indemnify against the State of West Virginia's lawsuit seeking to recover billions in damages for the state's prescription pharmaceutical drug abuse epidemic (The Travelers Property Casualty Company of America, et al. v. Anda Inc. and Watson Pharmaceuticals Inc.,...
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