LOS ANGELES—The owners of the Four Seasons Hotel Los Angeles at Beverly Hills are suing members of Chubb and other insurance groups for allegedly breaching a contract by not compensating the plaintiffs for millions of dollars in business losses incurred during the coronavirus pandemic.
Burton Way Hotels LLC brought the lawsuit Friday in Los Angeles Superior Court, naming multiple insurance companies as defendants, including Ace American Insurance Co., which is part of the Chubb group. Other of the named insurers are members of such groups as Alliance Global Risks U.S., the Arch Capital Group, the Liberty Mutual Insurance Co. group, and the Lloyd’s of London insurance market.
