Ken Goldstein, the worldwide media liability expert at Chubb Group of Insurance Companies, says that all companies should have a policy in place for how their employers can talk about the company on social media, and that they should be training employees to understand defamation, privacy, and intellectual property.

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Conservative investing and disciplined underwriting helped insurance biggie Chubb ( CB) ride out the recent financial storm better than a number of its property-casualty rivals.

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In fact, the 53-year-old chairman of the offshore-based Ace Limited is taking a bite out of such U.S. insurance giants as Chubb, Hartford Financial Services and the American International Group (AIG).

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The litigation was brought by a consortium of insurance firms, including Chubb, Ace and Allstate, and by the investment firm of Cantor Fitzgerald and accuses the Kingdom of Saudi Arabia, Dubai Islamic Bank and others of funding terrorism in the name of Shariah and jihad (holy war).

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New financial regulations in America, including a provision that rewards whistleblowers more handsomely for tips, may result in more litigation at funds, and have also caused some nervous funds to buy insurance, says Wendy Dowd of Chubb, an insurer.

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