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Chubb CEO defends backing Trump appeal bond in E. Jean Carroll case

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Donald Trump has asked a federal appeals court to overturn a massive defamation judgment in favor of writer E. Jean Carroll, who accused him of rape.

The CEO of the Chubb insurance company defended a subsidiary providing former President Donald Trump with a $91.6 million appeals bond in the case where he was found liable for defaming E. Jean Carroll after she accused him of rape.

Chubb CEO Evan Greenberg, in a letter to investors obtained by CNBC's Contessa Brewer, said,"I am writing to you because I have been made aware of your concerns about the appeal bond by the company's surety division" provided to Trump.

 

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Trump posts bond, appeals $83M E. Jean Carroll judgmentDonald Trump has posted bond that will allow him to appeal an $83.3-million jury award granted to writer E. Jean Carroll during a January defamation trial stemming from rape claims she made against the former president.
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