After Full Steam decided to leave, the complaint alleges Chubb escalated its demands. Chubb was already holding $29,403,287 in cash from Full Steam to cover future claim payments. The insurer then allegedly required that this cash be converted into a letter of credit, which would remain idle, and insisted Full Steam continue to fund all future claim payments on a monthly basis. The complaint specifies that claim payments made in July and August 2025 were $984,191 and $976,307, respectively. Chubb also demanded an additional $22,029,727 in “collateral security,” bringing the total demand to $51,433,014, while Full Steam would still need to cover monthly claim invoices of around $900,000 to $1 million.