The upcoming Congressional military spending package, as written, includes an exemption for insurers from proposed anti-money-laundering reporting.

The U.S. is home to 1.1 million women-owned businesses that employ over 100 million American workers.

The insurance industry is struggling with greater levels of churn, as more people are willing to switch carriers and customers' expectations are rising. Replacing customers is a large expense: the cost can be five to 25 times more than retaining an existing customer.

Since quarantining, roughly 20% of homeowners have experienced some form of water damage, representing 25 million U.S. households, Chubb pointed out.