This paper discusses the cross-linking behaviors, mechanical and dynamical properties, and flammability of elastomeric composites containing unconventionally cured chlorosulfonated polyethylene (CSM). The purpose of this work was to verify the CSM ability to cross-link with iron(II,III) oxide (Fe3O4) and to produce flame retardant materials. During the first series of tests, three types of CSM were used, differing in the content of bound chlorine (29–43%). The results showed that the CSM with 43% bound chlorine (Hypalon 30, CSM43) was the most advantageous type of chlorosulfonated polyethylene in terms of its properties. It exhibited a short vulcanization time, a high degree of cross-linking, and very good mechanical properties. In the next stage, the CSM composites with various fillers (talc, arsil, kaolin, chalcedonite, or carbon black) were prepared, because filled rubber materials are of the greatest practical importance. The cross-linking kinetics, equilibrium swelling, mechanical and dynamic properties as well as flammability were studied. It was found that the addition of fillers led to a decrease in the degree of cross-linking, an increase in the vulcanization time (in the case of talc, arsil, or kaolin), an increase in the overall mechanical strength (in the case of carbon black, arsil or talc). All filled vulcanizates proved to be non-flammable, as the specific oxygen index value exceeded 37.5%.