CVA Survivors and Advocates Blast Chubb CEO Evan G. Greenberg In Open Letter Calling on Chubb to Pay Out Child Sex Abuse Claims
Coalition runs full-page ad in New York Times Calling on Chubb to stop denying compensation for survivors
New York- Today, November 15, 2023 –– The Coalition for Just and Compassionate Compensation (“CJCC”) – an independent alliance of survivors of child sex abuse, their representatives, and advocates seeking full restitution for survivors of child sex abuse – sent the following open letter to Chubb Chief Executive Evan G. Greenberg:
CHUBB Leadership:
Why Are You Blocking Compensation to Survivors of Childhood Sexual Abuse?
To: Evan Greenberg, Chairman and CEO
Chubb Limited/Chubb Group
Dear Mr. Greenberg:
After years of advocating for justice, thousands of survivors of childhood sexual abuse eagerly await Chubb, the world’s largest publicly traded property and casualty insurance company, to honor its contractual duty and compensate them for their trauma. Despite reporting record profits in the billions, Chubb has callously chosen to resist, delay, and deny restitution to survivors, all in a cynical effort to safeguard its bottom line.
Chubb’s decision to stop providing survivors who sued under the Child Victims Act with compensation is nothing short of a moral and business failing. In choosing greed over justice, Chubb is welching on its promise, callously denying a small measure of healing for survivors while brazenly ignoring the New York State Department of Financial Services’ guidance instructing insurance companies to act in good faith and “cooperate fully with the intent of the Child Victims Act.”
We, the Coalition for Just and Compassionate Compensation (CJCC), a group of survivors of child sexual abuse, their representatives, and advocates, refuse to stand by and watch as big insurers like you protect your bottom line at the expense of just compensation for survivors. Our message is clear – it’s time for Chubb to stop denying coverage and start taking responsibility to ensure that survivors get the restitution they deserve.
Chubb’s failure to fulfill its obligation to fairly compensate survivors of childhood sexual abuse is not only an ethical concern but should also raise alarms among current and prospective Chubb policyholders who expect their insurer to someday honor their claims. If Chubb refuses to live up to its end of the bargain for child sex abuse victims today – why should any policyholder trust that they’ll be covered tomorrow?
The longer Chubb fails to live up to its ethical and business obligations, the more you prolong the suffering of survivors who have already waited decades. We urge you, your shareholders, and your board of directors to work in good faith, follow the guidance of the New York State Department of Financial Services, and fulfill your obligation to provide just and compassionate compensation to survivors.
Sincerely,
The Coalition for Just and Compassionate Compensation
The Coalition for Just and Compassionate Compensation (“CJCC”) is an independent alliance of survivors of child sex abuse, their representatives, and advocates seeking full restitution for survivors of child sex abuse. Among members of the coalition are former New York State Court of Claims Judge Judith Hard and attorneys James Marsh, Founding Partner at Marsh Law Firm, Jeff Herman, Founder of Herman Law Firm, and Hillary Nappi, Partner at Hach Rose Schirripa & Cheverie, who represent thousands of sexual abuse survivors in litigation against public and private entities.
