Chubb And LoJack Team Up

NU Online News Service, Aug. 27, 11:59 a.m. EDT?Chubb Group of Insurance Companies said it would offer a policy incentive to construction firm customers that install LoJack locator beacons in their earth moving equipment.

Chubb said that in most cases if a piece of equipment with LoJack installed is stolen and not recovered, the company will waive up to $10,000 of the insurance deductible amount.

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