Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
Starr, Chubb Form Workers Compensation Underwriting Agreement
Mar 15 2010 // Starr Indemnity & Liability Co., Inc., an indirectly wholly owned subsidiary of Starr International Company, Inc., and Chubb & Son, a division of Federal Insurance Co., a wholly owned subsidiary of The Chubb, have...
ACE Makes Appointments to New Global Client Executive Practice
Feb 22 2010 // The ACE Group has announced its initial executive appointments to its newly-created Global Client Executive team. Those assigned to the team will “work collaboratively with clients and distribution partners in major...
Survey: Risky Online Behavior Exposes Many to Lawsuits
Feb 16 2010 // Nearly 30 percent of people have cleaned up their social networking profiles for job interviews, and the economic downturn has made them more cautious about postings on social media sites. A new telephone survey sponsored...
Kessler Appointed President at ACE Westchester
Feb 8 2010 // ACE Westchester, the Philadelphia-based wholesale-focused P/C operation of the ACE Group, has appointed Bruce Kessler as president of ACE Westchester Casualty and Specialty Lines. Based in Atlanta, Kessler will have...
National Specialty Underwriters, Ace Westchester Launch Hospitality Program
Dec 10 2009 // Bellevue, Wash.-based National Specialty Underwriters Inc. (NSU) a program administrator and specialty wholesale broker, and ACE Westchester, the U.S.-based wholesale-focused property and casualty operation of the ACE...
Best Affirms Harbor Point Re and U.S. Subsidiary ‘A’ Ratings
Dec 3 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Harbor Point Re Limited and its wholly owned subsidiary, Harbor...
Aon, Chubb Warn Isle of Man Directors on Possible Coverage Gaps
Nov 25 2009 // Aon and Chubb Corp. have advised Isle of Man directors that they “may need to go beyond simply complying with new Financial Services Commission (FSC) regulations on insurance to prevent gaps in cover.” The...
Chubb Encourages Chinese Firms to Adopt Risk Management Practices
Nov 18 2009 // Chubb Group recently co-hosted a seminar near Shanghai, which focused on the “increasing number of Chinese exports exposed to product liability claims and litigation in the United States and Europe.” As a...
Chubb Post-Storm Inspections Available in Georgia, South Carolina
Oct 6 2009 // The Chubb Group has extended its post-catastrophe inspection service to homeowners insurance customers who own a secondary or seasonal home in Georgia and South Carolina and who may not be able to visit their property...
California Jury Orders Large, First-Ever Wildfire Environmental Damages
Oct 1 2009 // A Los Angeles jury Wednesday ordered two construction companies to reimburse the government for $36.5 million in damages from a 2002 wildfire, in the largest such award and the first-ever damages for environmental harm,...
At Home and Abroad, Vacated Properties Pose Greater Risk
Sep 29 2009 // A global recession, which has led to layoffs and a sharp drop in consumer spending, has also created a glut of commercial real estate space around the world. Vacated properties are a significant concern because they are...
Matheessen Named Underwriting Head at ACE’s Energy Risk Unit
Sep 16 2009 // Philadelphia-based ACE USA has appointed Keith Mattheessen as senior vice president and chief underwriting officer of the ACE Risk Management Energy Underwriting Unit. This new unit within ACE Risk Management provides a...
Regulatory Reform, Rewards for Quality Insurers Ahead, Says Chubb Exec
Aug 5 2009 // Skepticism over the financial condition of insurance companies is healthy and financially strong insurers stand to gain over weaker competitors in today’s market, an executive for a major property/casualty insurer...
Chubb Net Income Rises 18% in Q2
Jul 24 2009 // U.S. property/casualty insurer Chubb Corp posted a higher quarterly profit on Thursday, beating Wall Street expectations, as investment gains and lower underwriting losses offset declining policy sales. Second-quarter net...
Merging 10 Westchester Fire Units Would Save $47 Million: Study
Jul 6 2009 // A new study claims that merging 10 Westchester County fire departments could save New York homeowners and businesses about $47 million a year in fire insurance premiums alone while delivering better service. The Pace...
Chubb Updates Loss Prevention Guide for Independent Directors
Jun 17 2009 // The Chubb Group of Insurance Companies has updated its “Loss Prevention Guidelines for Independent Directors” handbook. “Shrinking company profits and stock price fluctuations are exposing independent...
Murphy Named Assistant Vice President of ACE Westchester
Jun 2 2009 // Philadelphia-based ACE Westchester said Roger Murphy will spearhead the launch of the company’s new coverage line.for hazardous material and hazardous waste transporters. The coverage includes a capacity up to $5...
Chubb Names Spencer COO, Accident & Health
May 21 2009 // The Chubb Group of Insurance Cos. named Stuart A. Spencer as chief operating officer of Worldwide Accident & Health, effective June 1. He will report to Andrew A. McElwee Jr., executive vice president of Chubb &...
Dowd to Take on Vice Chairman Duties at ACE Limited, ACE Group
May 21 2009 // ACE Limited announced that Brian Dowd, currently CEO, Insurance – North America, has been named to the additional position of Vice Chairman, ACE Limited and ACE Group Holdings. “In addition to his current...
Chubb Helps to Protect Homes from Santa Barbara Wildfire
May 8 2009 // As the wildfire in Santa Barbara, CA, expands in scope and intensity, the Chubb Group of Insurance Companies has stepped up measures to help protect its homeowners insurance customers’ properties. Earlier this week,...
