Chubb is covering cyber bullying for U.K. policyholders

Warren, N.J.-based property and casualty insurer Chubb has started offering what The Telegraph says is the first coverage of cyber bullying in the United Kingdom, the British newspaper reported last week. Chubb said wealthy policy holders in the U.K. who buy its personal insurance will be covered for up to £50,000 ($75,000), which could be used to pay for counseling, lost income if they are off work for a week or more, and help from online experts for victims of cyber bullying and their families.