Chubb Settles with N.Y., Conn., Ill. AGs; Agrees to End Contingent Commissions

December 21, 2006

  • December 21, 2006 at 7:38 am
    Anonymous says:
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    Watch Wells unzip their pants and open up their check book given this announcement.

  • December 21, 2006 at 2:11 am
    Spitzer\'s Hired Goombahs says:
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    ..they did nothing wrong, but it still cost them $17 mil…what a proud moment for the industry…extortion comes to mind…Glad to see Wells Fargo isn\’t going to bend over…

  • January 29, 2007 at 11:06 am
    Kate says:
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    As the daughter of the former Chubb Long Island Branch Manager I can clearly state that Chubb did no wrong doing. They may have benefited from the dishonesty of others. Chubb maintains the highest level of integrity. No one agent(s) receives benefits and attention than other agents for no apparent reason or because of favorable interests. Every agent is treated the same and given the same basic attention. As far as further attention and compensation, Corporate rules and guidelines were to be followed as respects to Agent Compensation. At Chubb, corporate rules, etc have always been marked with the highest integrity.



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