Chubb Bear Stearns News

Insurers Lose Bid to Dismiss Suit Over Bear Stearns Financial Crisis Settlement Costs

A decade ago, Bear Stearns Cos. agreed to pay $250 million to resolve regulators’ claims that it was at the center of a system that allowed clients to break mutual-fund trading rules. JPMorgan Chase & Co., which acquired the company …

Chubb Must Face Bear Stearns Suit Over Coverage for SEC Deal

Chubb Corp.’s Vigilant Insurance must face a lawsuit by Bear Stearns Cos. accusing the insurer of breach of contract for refusing to pay part of a U.S. Securities and Exchange Commission settlement, New York state’s highest court ruled. Bear Stearns …