N.Y. Said to Subpoena Four U.S. Insurers in Iran Probe
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Chubb Corp. and CNA Financial Corp. are among insurers that were subpoenaed by New York’s financial-industry regulator as part of a probe into compliance with laws that prohibit companies from doing business with Iran, a person familiar with the investigation said.
Liberty Mutual Group Inc. and Navigators Group Inc. also received notices from the state’s Department of Financial Services, said the person, who wasn’t authorized to speak publicly and asked not to be identified.