Latest Chubb Headlines

Hurricane, Investment Losses Cut Into Chubb’s Q3 Profit

Oct 24 2008 // Like many of its property/casualty competitors, Chubb Corp. saw its third quarter profit cut by investment losses and Hurricane Ike but the New Jersey-based insurer still emerged with $264 million in net income, $300...

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Oct 20 2008 // Calabasas, Calif.-based Lionheart Insurance Services hired Pat Piccinonno and Joe Weckerle Jr. to head its newly opened Irvine, Calif., office. Piccinonno, appointed president, has 35 years of insurance management and...

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Oct 6 2008 // Erie Insurance Group named Terrence W. Cavanaugh president and CEO, and an elected member of the firm’s board of directors. Cavanaugh joins Erie from Chubb Corp. where he most recently was senior vice president and...

Travelers, Chubb Stop AIG Surety Business: Marsh

Sep 24 2008 // Insurers Travelers Cos Inc and Chubb Corp will no longer issue surety bonds with American International Group Inc as a co-participant, according to insurance brokerage Marsh Inc. Surety contracts guarantee the performance...

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Sep 22 2008 // The Des Plaines, Ill.-based the National Insurance Crime Bureau (NICB) announced that Robert M. “Bear” Bryant retired as NICB president and CEO, on Sept. 2, 2008. At NICB, Bryant was the force behind the...

Sep 22 2008 // Austin, Texas-based insurance education provider, The National Alliance for Insurance Education & Research, selected Kathleen G. Speer as director of national business for the not-for-profit organization. Prior to...

Chubb Expands Multinational Insurance Coverage Capabilities

Sep 10 2008 // The Chubb Group announced that it has”expanded its multinational insurance group to encompass both Chubb’s standard P/C products and specialty coverage, such as directors and officers liability insurance. Chubb...

Spiro Is Elected CFO of Chubb

Sep 9 2008 // Richard G. Spiro has been named to the position of executive vice president and chief financial officer of The Chubb Corporation. Spiro, 44, will join Chubb as executive vice president on Oct. 1 and will assume the CFO...

Lessons in Globalizing an Insurance Brand

Sep 1 2008 // Chubb: Understand Local Culture and Rely on Local Staff When Abroad Chubb Insurance, founded in 1882 in New York, today sells in 28 countries and has about 120 offices throughout North America, Europe, South America and...

Soft Market Exposes Value of Risk Control for Golf Insurers

Aug 28 2008 // For the golf industry, 2008 business is at best a bogey — probably worse. And for the agents, carriers and program managers who cater to the golf and country club world, that’s made for a rough market,...

Burma Rights Group Says XL, Chubb to Withdraw; Chubb Cites ‘Inaccuracies’

Aug 21 2008 // The Burma Campaign UK, a human rights group, has issued a bulletin stating that XL and Chubb have separately announced their withdrawals from the Burmese market. The Campaign said the move was prompted by a bulletin it had...

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Aug 21 2008 // Ruby Chan has joined the Needham, Mass.-based Provider Insurance Co. as director of Internet marketing. Chan has worked for Hewlett Packard and was one of the founding members of the Alta Vista search engine. She moved on...

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Aug 21 2008 // The Chubb Corp. has made four executives appointments: John J. Degnan has been named vice chairman and chief operating officer. Degnan, a former attorney general of New Jersey who joined Chubb nearly 18 years ago, was...

ACE Broadens Coverage for Contractor Equipment With New Alliance

Aug 20 2008 // The retail Inland Marine unit of ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, teamed up with National Equipment Register (NER), a provider of a national database of heavy equipment...

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Aug 4 2008 // Narragansett Bay Insurance Co. of Pawtucket, Rhode Island has named Mark Talerico chief risk officer. Talerico will oversee Narragansett’s distribution of risk in homeowners insurance, and guide the insurers exposure...

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Aug 4 2008 // Colemont Insurance Brokers promoted Matt Carpenter to assistant vice president in the company’s Chicago office. Carpenter joined Colemont in 2002, specializing in brokering casualty lines. His expertise has since...

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Aug 4 2008 // Richard “Dick” Reynolds, former chairman and executive director of the Texas Workers’ Compensation Commission, was presented the Raymond Mauk Leadership Award at the Insurance Council of Texas’ 16th...

Survey: Private Firms More Exposed to Liability Risks, But Less Protected

Jul 30 2008 // More than one-third of U.S. businesses do not purchase any type of management or professional liability insurance. Yet, two out of three U.S. private companies have experienced some type of event related to management or...

Chubb: Patience and Promise in China

Jul 29 2008 // In the 20 years that Chubb Insurance has taken global branding seriously, China has presented the most interesting challenge. For Jan Tomlinson, establishing Chubb in China has been a test of patience and politics but with...

Chubb Q2 Premiums Flat; Cat Losses Adversely Impact Financial Results

Jul 25 2008 // Catastrophe losses in the second quarter adversely impacted financial results for The Chubb Corp., which reported net income in the second quarter of 2008 fell $213 million over the same time period in 2007, or $469...