Insurance company Chubb underwrote the bond for Trump, which the former president signed on Tuesday. Under the terms of the bond, Chubb will only secure the appeal of the $83.3 million judgment, not any future appeals.
Let me save you some trouble:
Chubb Limited is an American company incorporated in Zürich, Switzerland. It is the parent company of Chubb, a global provider of insurance products covering property and casualty, accident and health, reinsurance, and life insurance and is the largest publicly traded property and casualty insurance company in the world
I imagine it’s fairly standard boilerplate for the situation ‘You must install corporate fascism and give me a job with medals and stuff if we manage to lie and cheat you into power again’
Of course it’s the Chubb group. Of course. It’s funny they are supposedly a huge corp, but the only time I hear about them is when they’re meddling and buying politicians
It was definitely not directly from Trump.
Let me save you some trouble:
Wouldn’t be the first time Trump has paid good money for a chubb
so some of us premium payers took the risk, and he could send us a personal letter like he did when “He” sent us Covid Relief Checks.
I wonder what kind of insane terms are on that loan
I imagine it’s fairly standard boilerplate for the situation ‘You must install corporate fascism and give me a job with medals and stuff if we manage to lie and cheat you into power again’
Not that it would matter. Trump doesn’t honor agreements.
Of course it’s the Chubb group. Of course. It’s funny they are supposedly a huge corp, but the only time I hear about them is when they’re meddling and buying politicians
I would love to know about more instances about this.
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