Ramaco wins $30 million jury verdict in insurance coverage suit against Chubb
METC•Ramaco Resources won a $30 million federal jury verdict against Chubb units Federal Insurance and ACE American over insurance coverage tied to a 2018 silo failure. The award includes $27.5 million for net economic loss and $2.5 million for aggravation and inconvenience.
1. Verdict and next steps
A federal jury awarded Ramaco Resources $30 million in its insurance coverage lawsuit against Chubb units Federal Insurance and ACE American. Judgment was entered Sept. 25, 2026; attorney’s fees remain pending, and defendants may file post-trial motions within 28 days, with a 30-day appeal window from final judgment.
