to Greenberg, contracts appeared "generally structured in a way to provide for appropriate risk transfer and accounted for properly." The Spitzer investigations also triggered civil litigation by policyholders who claim they were victimized by the bid rigging and commission schemes. Iran Held Liable for 9/11 On 9 March 2016, U.S. District Judge George B. Daniels issued a default judgement against Iran, ordering it to pay $7.5 billion in damages to families of victims who died in the attacks in the US, as well as $3 billion to Chubb Limited & other unnamed insurers that paid out claims resulting from the event. The plaintiffs in the case argued that Iran "provided material support" and training to al-Qaeda members, including 9/11 hijackers, through Hezbollah prior to the attacks and was therefore liable. Chubb Group Classic The Chubb Classic is a Champions Tour golf tournament located at The Tiburon Golf Club in Naples, Florida. The Chubb Classic has raised more than $3 million for charity. References 27 dead link replacement External links Companies listed on the New York Stock Exchange Companies based in Zürich Insurance companies of Switzerland Financial services companies established in 1985