Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
ACE USA Makes Available Mandatory Evacuation Product
Dec 10 2003 // ACE USA, the U.S.-based retail operations of the ACE Group of Companies, has introduced ACE EVAC, a new insurance product that provides coverage for businesses in U.S.-based coastal areas that incur business losses from a...
A.M. Best Affirms Chubb’s Financial Strength and Debt Ratings
Dec 9 2003 // A.M. Best Co. has affirmed the financial strength ratings of A++ (Superior) of the property/casualty subsidiaries of The Chubb Corporation (Chubb). Concurrently, A.M. Best has affirmed the existing senior debt ratings of...
ACE USA Appoints Wise to Lead Terrorism Underwriting Unit
Dec 4 2003 // ACE USA announced the appointment of William Wise, vice president, to lead its stand-alone Terrorism Underwriting Unit. Based in Philadelphia, Wise will have overall responsibility for the marketing and underwriting...
Monteleone, Mullin Receive PLUS Awards at Annual Conference
Nov 26 2003 // The Professional Liability Underwriting Society (PLUS) recently honored Joseph Monteleone of The Hartford Financial Services Group with its 2003 PLUS1 Award at the organization’s 16th Annual International...
ACE USA Appoints Riegler to Lead ACE Risk Management’s Excess Workers’ Comp Unit
Nov 20 2003 // ACE USA, the U.S.-based retail operations of the ACE Group of Companies, announced the appointment of Ken Riegler, senior vice president, to lead the National Excess Workers’ Compensation unit for ACE Risk Management...
N.J. Commissioner Details Consumer Protection Actions
Nov 20 2003 // New Jersey’s Banking and Insurance Commissioner Holly C. Bakke has announced a number of actions, following investigations by the Department’s Market Conduct Unit. It operates within the Office of Consumer...
Chubb Exec Asserts Wealthy U.K. Clients Suffer from ‘Insurance Apathy Disease’
Nov 20 2003 // According to John Sims, who heads Chubb’s European Personal Lines unit, large swathes of the British public are falling victim to what he calls “insurance apathy disease.” Speaking at the Private Wealth...
Republic Names Rush President and CEO
Nov 18 2003 // The Republic Group of Insurance Companies (Republic), based in Dallas, announced it appointed former Chubb executive, Parker W. Rush, as the company’s president and chief executive officer. Rush has been associated...
Chubb Appoints Indianapolis Branch Manager
Nov 4 2003 // Warren, N.J.-based insurer The Chubb Group of Insurance Cos. has appointed Allison Meta manager of its Indianapolis branch office. Meta, an assistant vice president of Chubb & Son, joined Chubb in 1994 as a senior...
Chubb Reports Q3 Net Income of $259.8 Million; Premiums Jump 23%, Combined Ratio is 96.6%
Oct 28 2003 // The Chubb Corporation reported that net income in the third quarter of 2003 was $259.8 million or $1.37 per share, compared to a net loss of $242.1 million ($1.42 per share) in the third quarter of 2002. Operating income,...
Venture Programs Introduces Community Banking Program
Oct 21 2003 // Venture Programs (www.ventureprograms.com), a provider in the design and underwriting of select industry-focused insurance packages, has introduced Venture Banking, a new insurance program tailored specifically for...
Insurance Journal 80th Anniversary
Oct 20 2003 // One-on-One with Mark Wells, Publisher of the Insurance Journal By Charles E. Boyle Despite his still somewhat boyish appearance, Mark Wells has been the publisher of the Insurance Journal for 33 years, a long time in any...
Insurance Journal 80th Anniversary
Oct 20 2003 // One-on-One with Mark Wells, Publisher of the Insurance Journal By Charles E. Boyle Despite his still somewhat boyish appearance, Mark Wells has been the publisher of the Insurance Journal for 33 years, a long time in any...
Chubb Exec. to Open Oil & Gas Conference
Oct 9 2003 // The Strategic Research Institute announced that its Insurance & Risk Management in the Oil & Gas Industry conference, to be held Oct. 27, 2003 at the Crowne Plaza Houston in Houston, Texas, will feature an inside...
Chubb Enhances Calif. Homeowners Insurance Offering
Oct 8 2003 // The Chubb Group of Insurance Companies has made several enhancements to its Masterpiece homeowners insurance program in California. Chubb has introduced new coverages, more competitive rates, higher deductibles and other...
ACE Westchester Specialty Group Program Division Forms New Umbrella/Excess Liability Unit
Sep 30 2003 // ACE Westchester Specialty Group, the U.S.-based wholesale focused excess and surplus property and casualty operation of the ACE Group of Companies, announced the formation of a new Umbrella/Excess Liability unit within its...
Chubb Appoints Ind. Branch Manager
Sep 23 2003 // The Chubb Group of Insurance Cos. has appointed Allison Meta manager of its Indianapolis branch office. Meta, an assistant vice president of Chubb & Son, joined Chubb in 1994 as a senior underwriter for Chubb Custom...
Chubb Backs Federal Employment Non-Discrimination Bill
Sep 23 2003 // The Chubb Corporation has announced its support for the Employment Non-Discrimination Act, federal legislation that would ban workplace discrimination based on real or perceived sexual orientation. ENDA would extend fair...
ACE USA Creates New Construction Group
Sep 22 2003 // ACE USA announced the creation of the ACE USA Construction Group. This new construction underwriting unit will be staffed by a team of experienced construction professionals dedicated to addressing the unique insurance...
Is the Pendulum Swinging on Stowers’
Sep 22 2003 // Through its history in Texas jurisprudence, the Stowers doctrine, which creates excess liability for insurers based upon rejection of the settlement demand within limits, has shifted between a restricted concept and a...
