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Finance Co. Says Chubb Must Pay Its Part Of $5M Wire Loss

By Ganesh Setty ( October 21, 2025, 4:01 PM EDT) -- Financial services company Robert W. Baird & Co. told a Wisconsin federal court that a Chubb unit has wrongly refused to cover any of the company's more than $5 million loss stemming from fraudulent wire instructions, noting that AIG, its primary insurer, already paid a $2.5 million sublimit....

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