Chubb Drops Coverage Appeal Over $188M NY Trust Shortfall
By Pete Brush ( May 4, 2016, 12:45 PM EDT) -- A Chubb Corp. insurer on Tuesday dropped its Second Circuit appeal tied to a federal judge's order that it must pay for litigation against four former Health Care Providers Self Insurance Trust executives stemming from a state investigation that uncovered a $188 million shortfall and which led to suits charging mismanagement and negligence....
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