For insurers, the case has served as shorthand for years in a broader argument about verdicts and the cost of litigation. J&J itself has operated largely outside that market: the company stopped purchasing new product liability coverage in 2005 and now relies on self-insurance, including its own captive, Middlesex Assurance. A separate coverage dispute in New Jersey state court, Atlanta International Insurance Co. v. Johnson & Johnson, has pitted the company against legacy carriers on policies written before that cutoff, among them Travelers, Chubb, Allstate, Everest Re, TIG, North River and Wausau, and is expected to continue despite Monday’s settlement.
Johnson & Johnson’s talc settlement ended a battle. Casualties remain a major problem in the market & more related News Here
