Federal Insurance News

Class Action Suit Alleges Chubb Misleads Consumers With Home Premium Discounts

Insurer Chubb is being accused of misleading consumers in the way it offers insurance premium discounts to homeowners as percentages without specifying the actual dollar amounts that insureds can save, and allegedly not applying all of the promised discounts. A …

Basketball Hall of Fame and Chubb Insurer Hit the Court Over D&O Coverage

The Basketball Hall of fame (BHoF) is suing Chubb Group subsidiary Federal Insurance Co. to have the insurer defend and indemnify it in a case accusing it of attempting to unlawfully secure funds for renovations to its facility. In 2019, …

‘Mission: Impossible’ Movie Producer Sues Insurer Over 7 Coronavirus Stoppages

Production on the new “Mission: Impossible” movie was shut down seven times due to the coronavirus pandemic, according to a lawsuit filed on Monday that accuses the film’s insurance company of failing to pay out for all but one of …

Court Agrees Chubb Excluded Coverage in $3.3 Million Unsolicited Advertising Case

Chubb subsidiary Federal Insurance Co. does not have to pay $3.3 million that medical device services firm Mesa Laboratories Inc. wants to fund a settlement over its violations of the Telephone Consumer Protection Act (TCPA). The U.S. 7th Circuit Court …

Man Claiming Abuse by Sandusky Asks to Intervene in Insurance Lawsuit

A man who claims to have been sexually abused as a child by former Penn State coach Jerry Sandusky is asking to intervene in an insurance lawsuit, according to a local news report. The Centre Daily Times in Pennsylvania reports …