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0 -0.000492500559659533 -0.00231326020446237 -0.00104469815685386 -0.000596970375345005 0.000596970375345217 3.73106484592484E-05 0.000373106484590787
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USA Gymnastics sues insurance carriers amid Nassar lawsuits [FOX News]

Chubb Limited (CB) 
Last chubb limited earnings: 4/21 04:05 pm Check Earnings Report
Company Research Source: FOX News
INDIANAPOLIS –   USA Gymnastics is suing its insurance carriers, alleging that they haven't fully reimbursed it for defense costs incurred in lawsuits filed by victims of disgraced former sports doctor Larry Nassar. The Indianapolis-based governing body for gymnastics filed its lawsuit against seven insurance companies Friday in Marion County. It accuses the companies of breach of contract and alleges that they haven't provided a full defense or fully reimbursed USA Gymnastics for defense costs in 10 lawsuits filed by women who say Nassar sexually abused them, The Indianapolis Star reported. The lawsuit seeks a judge's order requiring the companies to defend and indemnify USA Gymnastics for those lawsuits under insurance policies that date back to 1993. While the insurers have paid some defense costs, the organization is bringing this action to maximize insurance proceeds available for settlement or resolution, USA Gymnastics said in a news release. Nassar wo Show less Read more
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