Century Indemnity Company News

Chubb Agrees to Pay $800M Toward Boy Scouts Sex Abuse Claims Deal

One of the Boy Scouts of America’s primary insurers, Chubb Ltd. unit Century Indemnity Company, said on Monday it will contribute $800 million to a deal proposed by the youth organization to settle around 82,500 claims from people who say …

Chubb Unit Insurance Dispute Complicates Boy Scouts Abuse Victims’ Deal

A dispute over whether a unit of insurance giant Chubb Ltd. must contribute to a trust fund for sexually abused Boy Scouts is complicating talks to end the youth group’s bankruptcy case. Lawyers for more than 80,000 people who say …

New York Court Affirms Gas Company on the Hook for Environmental Cleanup Costs

The New York Court of Appeals has ruled that KeySpan Gas East Corporation is responsible for costs to clean up environmental contamination caused by manufactured gas plants owned by its predecessor during years when there was no pollution property damage …