January 31, 2022
A Chubb unit has no duty to defend investment firm TriPacific Capital Advisors LLC in an $8.5 million employment suit because an exclusion bars coverage of the firm's liabilities stemming from contractual agreements, a California federal judge ruled.
December 14, 2021
A Chubb unit told a California federal judge that it had no obligation to defend an investment company in a dispute brought by a former employee who says the company owes him $8.5 million, citing a broad exclusion for contract-based claims.
November 16, 2021
A Chubb unit cannot escape defending an investment company and its owner in a dispute brought by a former employee claiming the company owes him $8.5 million by arguing that its coverage is excess to another insurer's coverage, a California federal judge said.