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- cross-posted to:
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It turns out that Trump may have called in a major favor: Court records filed Friday show that the bond was guaranteed by the Chubb Corporation, an insurance group. In 2018, Trump appointed Chubb’s CEO Evan Greenberg to a White House advisory committee for trade policy and negotiations.
Chubb insurance is for the wealthy, you cant even talk to them unless you’re in the top percentage of people. Its clear from the fraud trial in new york and his lack of ability to pay anyone that trump is no longer wealthy, if he ever was. This is such a lose lose situation.
I don’t typically consider myself wealthy, but I’ll be canceling the policy that I have with them tomorrow. This just seems like really poor judgment, and I don’t trust that they’re managing their finances well enough to honor their policies.
I used to work a bunch with chubb and other insurance companies when i managed restoration jobs. Never had any issues about covering anything, no fighting either, they always took the bill asked 3 questions then approved it. The only other insurance companies that i never saw adjustors trying to skimp was usaa and travelers. This has been six years so things couldve changed.