Chubb Reaches Agreement-in-Principle with Boy Scouts of America
About Chubb
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company
Cautionary Statement Regarding Forward-Looking Statements:
Forward-looking statements made in this press release regarding the agreement-in-principle, the proposed settlement and the resulting financial impact reflect the company's current views with respect to future events and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties, which may cause actual results to differ materially as set forth in these statements. Additional information regarding factors that could cause differences from these forward-looking statements appears in the company's filings with the
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COALITION OF ABUSED SCOUTS FOR JUSTICE INCREASES LARGEST SEXUAL ABUSE SETTLEMENT FUND IN HISTORY TO MORE THAN $2.6 BILLION
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