Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
Chubb Appoints Milwaukee Branch Manager
Sep 12 2003 // The Chubb Group of Insurance Cos. has appointed James Romanelli manager of its Milwaukee branch office. He is replacing Jim Darling, who was appointed manager of the Pittsburgh branch office. Romanelli, vice president of...
Punishing Who’ The Debate Over Insuring Punitive Damages
Aug 18 2003 // Two recent Texas opinions have re-opened an issue of public policy. For many years now, the question as to whether punitive damages are covered under general liability policies has been one of much debate. In Texas, much...
Benefiting the Community a Major Goal for the ACE Group Classic
Aug 4 2003 // Every time a pro tees up the ball on the PGA Champions Tour, he expects to play well and enjoy a positive outcome. Well, each year the ACE Group of Companies, through its sponsorship of the ACE Group Classic, endeavors to...
Chubb to Offer Exec Cover to Larger Private Companies
Jul 10 2003 // Larger privately held companies can now purchase ForeFront Portfolio and Power Source, executive protection insurance coverages underwritten by the Chubb Group of Insurance Companies. Chubb has expanded the account...
Evan Greenberg Elected President and COO of ACE Limited
Jun 24 2003 // In what it termed a “realignment of senior executive responsibilities,” Bermuda’s ACE Limited announced that its Board of Directors has elected Evan Greenberg to the position of President and Chief...
Arch Names Ralph E. Jones III President and CEO of U.S. Division
Jun 5 2003 // The Bermuda-based Arch Capital Group Ltd. announced that, Ralph E. Jones III will join the company as President and CEO of Arch Insurance Group, a division of Arch Capital, effective July 1, 2003. Jones will assume...
Chubb, NLC and Progressive Top PIACT Company Survey
May 29 2003 // Three of last year’s top five companies, Chubb Group, NLC Insurance Cos. and Progressive, were again ranked among the top five performers in the second company performance survey conducted by the Professional...
Ryan Appointed Senior VP of Marketing for ESIS, ACE USA Regional Executive Operations
May 29 2003 // ACE USA has appointed John Ryan to the position of senior vice president, Marketing for ESIS and ACE USA’s regional executive operations. Ryan will be responsible for the development of strategic marketing plans for...
Survey Reveals Agents Seek Cos. with Full Capabilities for Protecting Technology Customers
May 28 2003 // The ability of an insurance company to “fully service the insurance needs of information technology companies” is of paramount importance to agents that target this business sector, according to a survey...
Troy Appointed Executive Director of ACE USA Regional Executive Operations
May 8 2003 // ACE USA appointed Edward Troy, president, ESIS, to the additional post of executive director, ACE USA Regional Executive Operations. In this expanded role, Troy will assume the executive leadership over the nine ACE USA...
Terrorism
May 5 2003 // Nuts & Bolts: ACE USA announced terrorism-related products providing broader solutions for U.S.-based clients. The new offering addresses coverage gaps created by the Terrorism Risk Insurance Act (TRIA), including...
Chubb Notes Record 1stQ Net Income of $224.6M
May 1 2003 // The Chubb Corporation reported that net income in the first quarter of 2003 was a record $224.6 million, a 13.3 percent increase over net income of $198.2 million in the first quarter of 2002. Net income per share...
Trenwick to Cease Reinsurance Underwriting in U.S.
Apr 15 2003 // Trenwick Group Ltd. will cease underwriting reinsurance business under its previously announced underwriting facility with Chubb Re, Inc., a subsidiary of The Chubb Corporation. The underwriting facility, which began in...
Ace Westchester Specialty Group Opens Chicago Casualty Office
Apr 11 2003 // Ace Westchester Specialty Group, a division of Ace USA Inc., has announced the opening of its new Chicago casualty office. The office, at 525 W. Monroe St., will underwrite primary general liability umbrella and high...
Chubb Survey Says Loss Control Spending Increases 17 Percent
Apr 8 2003 // In an apparent move to drive down the cost of risk, risk managers are spending an average 17 percent more on loss control services while their organizations confront budgetary constraints and the difficult economic...
An Agent’s Guide to the Fine Art of Insurance
Apr 7 2003 // An interview with Mary Ann Avnet, vice president of Chubb & Son and marketing manager for Chubb Personal Insurance. Q. In the current economic environment, does it make sense for agents and brokers to seek...
Chubb Launches an Interactive Business Recovery Planning Guide at RIMS Conf.
Apr 1 2003 // The Chubb Group of Insurance Companies has developed a Business Recovery Planning Guide to help companies create a comprehensive, site-specific business recovery plan. This interactive guide is available on CD-ROM and...
S&P’s Takes Chubb Ratings Off Watch, Lowers Them
Mar 26 2003 // Standard & Poor’s has removed from CreditWatch its long-term counterparty credit and senior debt ratings on Chubb Corp. and lowered them to ‘A’ from ‘A+’ because it does not believe that...
Chubb on CreditWatch Neg
Mar 24 2003 // S&P’s Ratings Services placed on CreditWatch with negative implications its “A+/A-1” counterparty credit and senior debt ratings on New Jersey-based The Chubb Corp. following Chubb’s...
Ravi Nathan Appointed Sr. VP of ACE USA Global Weather
Mar 18 2003 // ACE USA announced that Ravi Nathan has been named Sr. VP – Global Weather, a new division within the company. He will report directly to Ed Zaccaria, president of ACE USA Specialty P&C Group. “Based in...
