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Co-Insurance Explained

Have you ever wondered what the coinsurance clause on your policy means? Co-insurance may well be one of the most confusing and misunderstood terms in insurance.  Co-insurance is the percentage of value that the policyholder is required to insurance   If you insure...

ACE to Acquire Chubb for $28.3 Billion

July 1, 2015 In a major transaction, ACE Limited has agreed to acquire The Chubb Corp. for $28.3 billion in cash and stock. The two firms said the combined company will have complementary businesses, skills and distribution and greater growth and earnings than the two...