Chubb CEO Greenberg Reiterates Call for Litigation Reform :

Chubb CEO Greenberg Reiterates Call for Litigation Reform


Chubb CEO Greenberg Reiterates Call for Litigation Reform
Chubb Chairman and CEO Evan Greenberg is reiterating a call for litigation reform nationally and at the state level to address what he said is a “systemic” worsening of the legal environment and its harmful impact on the insurance industry.
“The U.S. needs litigation reform at both the state and federal level to combat the abusive power of the trial bar and address out-of-control awards,” Greenberg said in his 2020 annual letter to Chubb shareholders. “Working with the wider industry, this remains a Chubb priority.”
Of particular note are lawsuits filed by lawyers with claims that are far beyond where they should be, Greenberg said.

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