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    ACE moves to protect reputation in Philadelphia

    ACE Ltd. has taken action to protect its reputation in the United States after six employees of a Philadelphia insurance brokerage with a similar name were charged with fraud.ACE, which is domiciled in the Cayman Islands but headquartered in Bermuda, and ACE INA Holdings Inc., incorporated in Delaware, based in Philadelphia, Pennsylvania, filed a complaint against ACE Insurance Agency LLC, and Abe Insurance Agency LLC, both incorporated in Philadelphia and based in Allentown, PA at the U. S. District Court for the Eastern District of Pennsylvania on August 31, 2006.