Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
C.V. Starr Creates Global Accident, Health Unit; Partners with Chubb
Mar 15 2007 // Complementing its existing areas of specialty businesses, C. V. Starr & Co., Inc. has organized a global accident and health company. To be headquartered in Greenwich, Conn., Starr Global Accident & Health...
What lies ahead for agency compensation? Agents could benefit from incentive pay plans replacing contigent income
Mar 12 2007 // Incentive pay plans for agents that some insurers are implementing to replace discontinued contingency compensation could work out better for agents than the programs they are replacing. A handful of major carriers banned...
What lies ahead for agency compensation?
Mar 12 2007 // Incentive pay plans for agents that some insurers are implementing to replace discontinued contingency compensation could work out better for agents than the programs they are replacing. A handful of major carriers banned...
Chubb Pays to Settle Ind. Lawsuit Against Charitable Foundation Board
Feb 23 2007 // The state has agreed to accept $175,000 from an insurance company to settle a lawsuit against a charitable organization accused of misspending money. Indiana Attorney General Steve Carter announced this week that the state...
New Handbook Offers Tips for Mitigating E-Lawyering Risks
Feb 22 2007 // From describing their practices to offering legal advice over the Internet, e-lawyering has created new ethical and legal risks, according to underwriters at the Chubb Group of Insurance Companies. Chubb has introduced a...
New Markets
Feb 12 2007 // D&O for Small Public Cos. Nuts & Bolts: The Chubb Group of Insurance Companies has introduced specialized directors and officers (D&O) liability insurance for publicly traded companies with market...
Fitch Upgrades ACE Financial Strength, Debt Ratings
Feb 5 2007 // Fitch Ratings upgraded the senior debt ratings of ACE Limited and its subsidiary ACE INA Holdings Inc. to “A” from “A-” and the issuer default ratings (IDR) of ACE and ACE INA to “A+”...
Chubb Introduces Specialized D&O Coverage for Small Public Companies
Jan 10 2007 // The Chubb Group of Insurance Companies has introduced specialized directors and officers (D&O) liability insurance for publicly traded companies with market capitalizations of $100 million or less. These...
ACE USA Releases D&O Risk Management Podcast
Jan 9 2007 // ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, has launched the second in an occasional series of audio “podcasts,” or Internet-distributed audio programs, discussing selected...
Chubb ends contingent commissions
Jan 8 2007 // The Chubb Corp. entered into a settlement agreement with the Attorneys General of New York, Connecticut and Illinois to resolve an investigation of customer steering, improper finite reinsurance transactions, and other...
Chubb ends contingent commissions
Jan 7 2007 // The Chubb Corp. entered into a settlement agreement with the Attorneys General of New York, Connecticut and Illinois to resolve an investigation of customer steering, improper finite reinsurance transactions, and other...
St. Paul Travelers Agrees to Halt All Contingent Commissions
Jan 4 2007 // The St. Paul Travelers insurance company has agreed to stop paying “contingent commissions” to brokers and agents, according to Connecticut Attorney General Richard Blumenthal. In August, St. Paul Travelers,...
2006: Soft market offers up many new insurance products
Dec 25 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
2006 New Markets Report
Dec 24 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
Best Affirms Harbor Point Re ‘A’ Ratings
Dec 22 2006 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A” (Excellent) and the issuer credit rating (ICR) of “a” of Bermuda-based Harbor Point Re Limited, and has assigned the ICR of...
Chubb Settles with N.Y., Conn., Ill. AGs; Agrees to End Contingent Commissions
Dec 21 2006 // The Chubb Corporation has entered into a settlement agreement with the Attorneys General of New York, Connecticut and Illinois, to resolve an investigation of customer steering, improper finite reinsurance transactions,...
Chubb Expands Excess Flood Policy
Dec 20 2006 // The Chubb Group of Insurance Companies has begun to offer an admitted excess flood insurance product to homeowners policyholders who face either inland or coastal exposures in 15 jurisdictions, including California,...
Mich. Flagstar to Appeal Ruling in Coverage Dispute with Chubb
Nov 22 2006 // Flagstar Bancorp, Inc. has announced that a federal judge dismissed its lawsuit against an insurance company in a coverage dispute. As a result, Flagstar will record a one-time charge in the fourth quarter of 2006 of...
Employee crime is big threat to small companies
Nov 20 2006 // More than one in three (36 percent) private companies, many of which were uninsured, experienced an employee theft averaging nearly $350,000 within the past five years, according to research by the Chubb Group of Insurance...
News Currents
Nov 19 2006 // Employee crime is big threat to small companies More than one in three (36 percent) private companies, many of which were uninsured, experienced an employee theft averaging nearly $350,000 within the past five years,...
