Major insurers temporarily suspend political contributions following attack on Capitol Hill

Major insurers temporarily suspend political contributions following attack on Capitol Hill

The main US insurers decided on Wednesday to suspend their contributions to political campaigns for the next few months, following last week’s violence on the United States Capitol and the contestation of the victory of President-elect Joe Biden.

Chubb Ltd., one of the world’s largest insurers, MetLife Inc., Liberty Mutual Insurance and Travelers Companies Inc. have joined a host of companies that are reassessing or temporarily halting political donations.

“In light of last week’s popular attack on the U.S. Capitol and attempts to derail the Electoral College vote, Chubb has suspended all campaign contributions for three to six months while the company conducts a evaluation of its political contribution policy, ”he said in a statement. .

Liberty Mutual said it was suspending political contributions for the first quarter and reassessing its contribution strategy.

Travelers said he would not be making any input through his political action committee in the short term and would assess how he …

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