'We don't take sides,' says CEO of company that guaranteed Trump's $92M bond

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The CEO of the company that guaranteed Donald Trump's $92 million bond in the E. Jean Carroll defamation case addressed their participation in a letter to investors.

The chairman and chief executive of the insurance company that guaranteed former President Donald Trump'sin the E. Jean Carroll defamation case said in a letter Wednesday that the company's participation "has nothing to do with the underlying merits or with favoring any of the parties in the case."

Chubb CEO Evan Greenberg sent the letter to any customer, agent, broker or investor who inquired about the bond. "I fully realize how polarizing and emotional this case and the defendant are and how easy it would be for Chubb to just say no. However, we support the rule of law and our role in it. We considered this the right thing to do and we frankly left our own personal feelings aside," the letter said.

 

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CEO of the insurance company that backed Trump bond in Carroll case defends issuing policyContessa Brewer is a correspondent for CNBC.
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