The companies are also likely loath to subject themselves to the scrutiny that has fallen on the Chubb Corporation, the insurance group that backed Trump’s $91.6 million bond in E. Jean Carroll’s defamation lawsuit.
Chubb CEO Evan Greenberg, whom Trump appointed in 2018 to a White House advisory committee for trade policy and negotiations, had to send a letter to Chubb’s clients last week assuring them that the decision was not a political one and that the company’s assets were “fully collateralized,” or protected against failure of repayment.
Trump still owes Carroll $5 million for sexually assaulting her and defaming her a separate time. He also owes $400,000 to The New York Times, thousands of dollars for gag order violations, and $382,000 to Orbis Business Intelligence, the consulting firm owned by former British intelligence officer Christopher Steele. Trump had sued Orbis over a dossier Steele compiled in 2016 that alleged Trump and members of his inner circle had been “compromised” by Russia’s security service.