January 30, 2024
A Chubb unit asked an Illinois federal court to vacate a September 2021 ruling against it in the insurer's coverage dispute with a holding company over an underlying self-dealing suit, arguing that any precedential value it has is outweighed by the parties' interest in resolving the case.
December 01, 2021
A holding company and its officers who are accused of orchestrating distributions that benefited a manager over company shareholders asked an Illinois federal judge to strike a Chubb unit's counterclaim, arguing it is redundant and will unnecessarily complicate its lawsuit seeking additional coverage for the underlying claims.
October 25, 2021
A Chubb unit told an Illinois federal court that a holding company and its officers who are accused of orchestrating distributions that benefited a manager over company shareholders are not entitled to additional coverage, saying it has fulfilled its obligations under policies issued to the company.
September 13, 2021
Chubb unit ACE American Insurance Co. can't escape a holding company's suit seeking coverage for an underlying breach of fiduciary duty action, an Illinois federal court found, saying the company properly alleged coverage under two policies.