Latest Chubb Headlines

All the headlines from our Chubb Topic Page, ordered by recency.

Chubb Not Responsible for Superstorm Sandy Damage to Two Insureds’ Homes

May 26 2020 // A New Jersey appeals court has upheld a trial court’s ruling that Chubb Insurance Co. is not responsible for damages to two insureds’ homes caused by Superstorm Sandy because of a flood exclusion in their...

Chubb Names McLaughlin Chief Underwriter for North America Retail Commercial

May 20 2020 // Chubb has appointed Michelle McLaughlin to be chief underwriting officer of its North America retail commercial property/casualty insurance division. In this capacity, McLaughlin will guide the business lines’...

Chubb’s McNab Joins QBE North America as Chief Human Resources Officer

May 20 2020 // Specialty Insurer QBE North America announced the appointment of Becket McNab as chief human resources officer. McNab will be responsible for all North America human resources activities, including driving the...

Insurers Zurich and Chubb Raise Cover for Canada Oil Sands Pipeline: Filings

May 13 2020 // Major insurers Zurich and Chubb increased their insurance cover for a Canadian oil sands pipeline over the last year, Canadian regulatory filings show. The Trans Mountain pipeline, which ships types of crude oil and...

Zurich North America Adds Chubb/ACE Veteran Wells as U.S. Head of Middle Market

May 4 2020 // Zurich North America has appointed Alexander Wells as U.S. head of Middle Market. He will be responsible for the strategic management and development of Zurich’s Middle Market business. Wells, who is new to Zurich,...

Tokio Marine Kiln Taps Chubb’s Shaw as Chief Underwriting Officer

May 4 2020 // Tokio Marine Kiln (TMK) has appointed Matthew Shaw as chief underwriting officer. Shaw joins from Chubb where he was most recently divisional president of global markets. Shaw joined Ace (latterly Chubb) in 2002 having...

People & Places

May 4 2020 // National Bill Hazelton Megan Watt Chubb has expanded its North America claims leadership team with two appointments. Bill Hazelton has been named head of Chubb North America Claims, and Megan Watt has been appointed to a...

How Chubb Is Navigating Coronavirus and Its Impact on Growth

Apr 27 2020 // Chubb Chairman and CEO Evan Greenberg insists his global P/C insurer has strong fundamentals, but warned at the same time that the ongoing pandemic crisis will spur unpredictable revenue challenges affecting many lines of...

Chubb Reports Q1 Net Income Drop; Sees ‘Meaningful’ Coronavirus Impact Ahead

Apr 22 2020 // Chubb said that the coronavirus pandemic’s effects on its bottom line were relatively benign in the 2020 first quarter. But all bets are off for the months ahead. The global property/casualty insurer reported net...

People & Places

Apr 20 2020 // National Garrett Hanrahan Insurance broker Marsh announced the appointment of Garrett Hanrahan as global head of Aviation with Marsh JLT Specialty. Hanrahan is succeeding Simon Harker, who is retiring after 44 years in the...

Chubb CEO Greenberg Warns Retroactive Measures Would ‘Bankrupt’ Insurance Industry

Apr 16 2020 // Chubb Ltd. Chief Executive Officer Evan Greenberg has a stark warning for policy makers pushing insurers to pay out some uncovered business-interruption losses. “The insurance industry is a fundamental part of the...

Auto Insurers Offering $8-$10B in Discounts in Coronavirus Relief Effort; Updated List

Apr 13 2020 // The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers. State...

Chubb Vows No Layoffs During Coronavirus Crisis; Pledges $10 Million to Relief Efforts

Apr 6 2020 // Global insurer Chubb announced that it will not conduct any layoffs among its 33,000 employees while in the midst of the COVID-19 pandemic health crisis. The insurer has also pledged to give $10 million to pandemic relief...

Chubb Investigating Possible Cyber Attack; Says Network Unaffected

Mar 27 2020 // Chubb confirmed that is looking into a possible hack attack, though a spokesperson said the insurance giant’s network appears at this point to be unaffected. “We are currently investigating a computer security...

Homeowners Fail to Protect Against Water Damage, Most Common Property Claim: Chubb

Mar 9 2020 // There continues to be a disconnect between homeowner beliefs and behaviors, especially when it comes to protecting against the most common source of property-related damage: water. That’s according to the annual...

Chubb Names Buonpane as Construction Industry Practice Leader in New York

Mar 3 2020 // Chubb has named Stephen Buonpane as Construction Industry Practice leader for its large account segment. He succeeds Bill Hazelton who was recently named head of Chubb North America Claims. In this capacity, he will...

Chubb Enhances North American Claims Leadership with Hazelton, Watt

Mar 3 2020 // Chubb has expanded its North America claims leadership team with two appointments: Bill Hazelton has been named head of Chubb North America Claims, and Megan Watt has been appointed to a newly created leadership role, head...

BHSI Expands Team in Spain, Tapping Lovera from Chubb, RSA’s Sanchez

Feb 26 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced two appointments in Spain, naming Alejandro Lovera as head of Executive and Professional Lines and Silvia Sanchez as head of Operations. Lovera has spent nearly 15...

Update: AXA Appoints Chubb’s Gunter as CEO of AXA XL, Replacing Hendrick

Feb 20 2020 // AXA announced the appointment of Scott Gunter as chief executive officer of AXA XL. He will replace Greg Hendrick, who has decided to pursue other opportunities outside the group. Gunter was previously senior vice...

Chubb Expands Incident Reporting Tool to Excess Casualty Clients

Feb 18 2020 // Chubb has expanded access of its Incident Alert tool to its Excess Casualty clients during catastrophic events. The tool, which has previously been used by Chubb environmental and cyber customers, now can assist Excess...