Chubb, however, moved to block it. On January 13, 2026, the company notified the SEC of its intent to exclude the proposal, citing the “ordinary business operations” exception under SEC Rule 14a-8(i)(7). As You Sow says it requested two weeks to respond to the SEC, but the agency – which has recently stepped back from weighing in on such disputes – issued a “no-objection” letter the same day, January 15, 2026, effectively clearing the path for Chubb to leave the proposal out.
