XF, LLC et al v. Ace American Insurance Company
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January 30, 2024
Chubb Unit Seeks To Toss Years-Old Ruling After Settlement
A Chubb unit asked an Illinois federal court to vacate a September 2021 ruling against it in the insurer's coverage dispute with a holding company over an underlying self-dealing suit, arguing that any precedential value it has is outweighed by the parties' interest in resolving the case.
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December 01, 2021
Holding Co. In Self-Dealing Suit Slams Chubb's Counterclaim
A holding company and its officers who are accused of orchestrating distributions that benefited a manager over company shareholders asked an Illinois federal judge to strike a Chubb unit's counterclaim, arguing it is redundant and will unnecessarily complicate its lawsuit seeking additional coverage for the underlying claims.
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October 25, 2021
No More Coverage For Self-Dealing Suit, Chubb Says
A Chubb unit told an Illinois federal court that a holding company and its officers who are accused of orchestrating distributions that benefited a manager over company shareholders are not entitled to additional coverage, saying it has fulfilled its obligations under policies issued to the company.
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September 13, 2021
Chubb Unit Must Face Holding Co.'s Coverage Suit
Chubb unit ACE American Insurance Co. can't escape a holding company's suit seeking coverage for an underlying breach of fiduciary duty action, an Illinois federal court found, saying the company properly alleged coverage under two policies.