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Insurance companies cancel political donations after violence at the Capitol



Chubb Ltd. said Tuesday that it would suspend all campaign contributions after a pro-Trump crowd broke into the US capital last week and several Republican lawmakers tried to delay the certification of the US presidential election results.

Travelers Cos. Inc., Marsh & McLennan Cos. Inc. and Aon PLC made similar moves this week.

In a statement, Chubb said: "In light of last week's mob attack on the US capital and attempts to derail the vote on Electoral College, Chubb has suspended all campaign grants for three to six months while the company evaluates its policy grant policy. .

According to his latest application to the Federal Election Commission, the Chubbs Political Trade Committee has approximately $ 673,000 in cash.

Chubb CEO Evan Greenberg was one of several leaders in the insurance industry who spoke out last week condemning the violence in Washington.

Marsh & McLennan on Monday said they would cancel terminating political contributions to lawmakers who opposed certifying the election college's results last week. About 1

40 Republican congressmen voted not to certify the results.

Travelers also turned off their PAC contributions this week. In an email, a spokesman said: "We are not making any contributions through our Political Trade Committee in the short term, and we will continue to evaluate how we approach future political donations." according to accounts.

Aon also temporarily paused all his PAC contributions this week. According to the archives, Aon's PAC has approximately $ 130,000 in cash.

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