Chubb preparing to pay $350mn to Maryland for Baltimore bridge ‘sooner rather than later’
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Chubb preparing to pay $350mn to Maryland for Baltimore bridge ‘sooner rather than later’

In April, this publication revealed that the carrier is the lead market on the property placement for the bridge.

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Chubb will make a $350mn payout to the state of Maryland related to the Francis Scott Key Bridge collapse, paying the full amount of the coverage quickly rather than waiting for the rebuilding to begin, this publication understands.

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