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-0.00122158337019013 -0.000884564352056562 -0.000176912870411287 -0.000265369305616994 -0.00366563467492248 -0.00822644847412643 -0.00194604157452454 1.25704154933233E-16
Stock impact report

Simon Wiesenthal Center sues Chubb to ensure coronavirus insurance coverage [Reuters]

Chubb Limited (CB) 
Last chubb limited earnings: 4/21 04:05 pm Check Earnings Report
Company Research Source: Reuters
Simon Wiesenthal Center sues Chubb to ensure coronavirus insurance coverage (Reuters) - A prominent Los Angeles nonprofit that advocates for human rights and fights anti-Semitism sued Chubb Ltd on Wednesday to ensure it will obtain insurance coverage after being forced to close because of the COVID-19 pandemic. The Simon Wiesenthal Center said Los Angeles Mayor Eric Garcetti’s March 19 stay-at-home order effectively cut off its ability to generate income, and entitled it to “business interruption” coverage under its August 2019 Chubb policy. Among the events affected were a tribute dinner honoring the actor George Clooney and his wife Amal, an address by U.S. Secretary of State Mike Pompeo at the center’s Museum of Tolerance, and several fundraisers. Chubb said in a statement that it does not comment on client claims or pending litigation. The lawsuit shows how nonprofits can be drawn into the battle over pandemic coverage facing the property-casualty insurance industry, which has a r Show less Read more
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