Insurance giant Chubb is embroiled in a legal battle with disgraced movie mogul Harvey Weinstein over its refusal to pay on an insurance policy.
Weinstein paid Chubb more than $1.2 million in premiums for his policies, including one that promised $300,000 in crisis assistance benefits, according to an Insurance Times report. But in February Chubb companies requested a judicial declaration that they wouldn’t have to defend or indemnify Weinstein in 11 cases. Weinstein, a prominent movie producer and executive, has been accused of sexual harassment and assault by multiple women, including prominent actresses.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.