ACE Ltd. Receives Subpoenas in Connection with Investigations for Loss Mitigation Products

ACE Limited (NYSE:ACE) on Monday reported that it had received subpoenas from the Securities and Exchange Commission and the New York Attorney General requesting documents in connection with an investigation into non-traditional, or loss mitigation, insurance products.

ACE has not been named or referenced in any lawsuits stemming from the investigation. ACE reportedly intends to comply with the subpoena.