ACE Limited (NYSE:ACE) on Monday reported that it had received subpoenas from the Securities and Exchange Commission and the New York Attorney General requesting documents in connection with an investigation into non-traditional, or loss mitigation, insurance products.
ACE has not been named or referenced in any lawsuits stemming from the investigation. ACE reportedly intends to comply with the subpoena.
Topics Profit Loss
Was this article valuable?
Here are more articles you may enjoy.
Allstate’s AI Ecosystem to Include a Personal Agentic Assistant for Customers 
Pennsylvania Public Adjuster Law Adds Cap on Fees, Bans Ties With Contractors 
Municipal Insurer Must Pay Share of $14.9 Million Wrongful Incarceration Settlement 
Georgia, Florida Insurers Facing New Scrutiny, Regulations After Election 
