Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
Chubb: Lessons in Globalizing an Insurance Brand
Jul 24 2008 // 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 the Pacific Rim, serving its property and casualty customers. While...
Erie Insurance Appoints Chubb’s Cavanaugh as President, CEO
Jul 17 2008 // Erie Insurance Group has selected Terrence W. Cavanaugh as president and chief executive officer, effective July 29, at which time he will also be elected to the company’s board of directors. Cavanaugh joins Erie...
Business Moves
Jul 7 2008 // U.S. Risk Underwriters U.S. Risk Underwriters, a subsidiary of U.S. Risk Insurance Group, launched a new professional liability product for the medical tourism industry called MedTour Pro. Designed for medical tourism...
People
Jul 7 2008 // Richmond, Va.-based insurance broker Hilb Rogal & Hobbs Co. promoted F. Michael Crowley to president and chief operating officer. As president, Crowley has been responsible for HRH’s retail operations. In the...
ACE USA Launches Supplemental Property Coverage
Jun 20 2008 // Philadelphia-based ACE USA has introduced a new specialty insurance product that provides additional coverage for expenses and losses that stem from an insured’s property loss. Called ACE Supplemental Property, the...
Chubb Announces Executive Promotions
Jun 20 2008 // The Chubb Corp. announced the promotion of four executives. The insurer promoted John J. Degnan to vice chairman and chief operating officer. Degnan, a former attorney general of New Jersey who joined Chubb nearly 18 years...
Van Gilder Sells Colorado Springs Office To CB Insurance
Jun 9 2008 // Michael Van Gilder, CEO of Van Gilder Insurance Corp., and Steve Schneider, president of CB Insurance LLC, an affiliate of Central Bancorp, announced their firms have signed a letter of intent for the sale and purchase of...
Chubb Offers California Homeowners Extended Replacement Cost Settlement
May 27 2008 // Chubb is offering California homeowners extended replacement cost settlement after a total loss to a home, even if the customer chooses not to rebuild at their home’s original site. After a total loss to a home, the...
Chubb Executive Motamed to Become CEO for CNA in 2009
May 27 2008 // The Chubb Corp. reports that Thomas F. Motamed, vice chairman and chief operating officer, will retire from Chubb effective on June 6, 2008. Motamed has accepted the position of chairman and chief executive officer of CNA...
Chubb Establishes $1 Million Fund for Asia Disaster Relief
May 22 2008 // The Chubb Corp. said it has established a $1 million fund for disaster relief efforts related to the Myanmar cyclone and China earthquake. Chubb said it would contribute $500,000 directly to the American Red Cross for...
Chubb Offers Unlimited Replacement Coverage to Texas Homeowners
May 22 2008 // The Chubb Group of Insurance Companies announced it has broadened its homeowners coverage in Texas by introducing unlimited extended replacement cost coverage. In the event of a total covered loss, Chubb can pay to fully...
ACE USA Expands Professional Insurance Products to Public Officials
May 16 2008 // ACE USA reported that it has expanded its professional risk insurance product offerings to include a stand-alone, admitted (in 40 states) policy for elected and appointed officials at various levels of government. The ACE...
House Panel Hits Defense Department, Insurers Over War Zone Insurance Costs
May 16 2008 // A House committee looking into defense contractors has alleged that the Department of Defense (DoD) has been lax in its management such that insurance companies providing workers’ compensation for civilian employees...
Ratings Recap: Calif. Auto/Mercury, Arrowhead, Louisiana Farm, Chubb, Triad
May 8 2008 // Standard & Poor’s Ratings Services has raised its counterparty credit and financial strength ratings on California Automobile Insurance Co. (California Auto) to ‘A+’ from ‘A’. S&P...
Chubb Posts Dip in 1st Quarter Profit
Apr 28 2008 // Chubb Corp, one of the largest U.S. business insurers, said that earnings fell 6.5 percent in the first quarter, as the value of policy sales fell moderately. The Warren, New Jersey-based insurer posted net income of $664...
Chubb Plans Brazil Reinsurance Unit
Apr 15 2008 // Federal Insurance Company, a member of the Chubb Group, has applied for a license to operate as an admitted reinsurer in Brazil with a representative office in São Paulo. Chubb Senior Vice-president Herman Weiss, Latin...
Abacus, ACE USA Partner for Online Foreign Event Program
Mar 18 2008 // Abacus Insurance Brokers, Inc., a Los Angeles-based program manager that distributes specialty insurance products online through abacus.net, has named ACE USA as its package carrier for the Abacus Foreign Event Program....
Camera, Lights, Action: Chubb Offers Risk Policy for Film Producers
Mar 10 2008 // The Oscars may be over, but film producers are still on the job looking for new and better ways to create good movies. A new film producers’ risk policy from the Chubb Group of Insurance Cos. addresses the enormous...
Nanotechnology: A Big Risk in a Small Package?
Mar 10 2008 // Nanotechnology presents great opportunity, but the impact on insurance is still unknown Insurance professionals gathered in the oak-paneled Old Library of Lloyd’s of London this past December to learn more about a...
How to Appraise and Insure Historic Homes
Mar 10 2008 // New technology, historical home insurance help to protect treasured properties Many urban and suburban areas are made more distinctive thanks to the historic homes nestled in their neighborhoods. Keeping history alive...
