Great American Escapes Coverage for Grocery’s Opioid Litigation Settlement
Insurance Journal
Great American Insurance Group is not liable for part of Kroger's $1.4 billion opioid settlement as the settlement did not bind Harris Teeter, the subsidiary.Summary
A North Carolina court ruled that Great American Insurance Group is not responsible for a portion of Kroger's $1.4 billion opioid settlement. The court determined that Harris Teeter Supermarkets, a subsidiary of Kroger, was not legally obligated to pay damages under the global settlement terms. The decision relied on the settlement's explicit exclusion of Harris Teeter and precedent from prior cases, stating that internal allocations by Kroger were not part of the court-approved agreement. This ruling highlights the legal distinction between the settlement's terms and internal corporate accounting.
(Source：Insurance Journal)