Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
Chubb Removed from CreditWatch
Nov 26 2001 // Standard & Poor’s removed from CreditWatch and lowered its counterparty credit and senior debt ratings on New Jersey-based Chubb Corp. to “AA-” from “AA+,” its preferred stock rating to...
Chubb Specialty Consolidates Product Groups into ‘ChubbPro’
Nov 16 2001 // Chubb Specialty Insurance (CSI), part of the Chubb Group of Insurance Companies, has consolidated three of its product groups into a new business unit called Chubb Professional, or “ChubbPro.” Sean M....
Chubb CEO to Speak at CSFB Insurance Seminar
Nov 12 2001 // Chubb Corp. CEO Dean R. O’Hare will speak at Credit Suisse First Boston’s Insurance Seminar on Wednesday, November 14 at 8:00 a.m. EST. Neither Chubb Nor CSFB gave details of the topics he intends to...
ACE USA ASKS FOR EXCLUSION
Nov 12 2001 // Philadelphia-based Ace USA is seeking permission from the Washington State Insurance Commissioner to exclude acts of terrorism from the policies it issues to businesses. According to a report in The Seattle Times, the...
Chubb Removed from CreditWatch
Nov 9 2001 // Standard & Poor’s removed from CreditWatch and lowered its counterparty credit and senior debt ratings on Chubb Corp. to “AA-” from “AA+”, its preferred stock rating to “A”...
Chubb CEO Says Business, Gov’t. Must Prevent Internet Attacks
Oct 18 2001 // Dean O’Hare, Chairman and CEO of Chubb Corp., told delegates at a Conference in Paris that business and government must work together to prevent attacks by terrorists or hackers on the Internet that could seriously...
New Coverage Can Ease Emotional, Financial Impact of Crimes Against Family Members
Oct 15 2001 // Insurance is now available to help protect Colorado families from financial loss if a loved one is the victim of one of four criminal activities. The Chubb Group of Insurance Companies has unveiled Masterpiece®...
Chubb’s D&O/Crime Policy for Community Associations Breaks New Ground
Oct 8 2001 // The Chubb Group of Insurance Companies introduces Protection for Community Association Leaders(SM), an insurance policy designed to meet the unique directors and officers (D&O) liability, employment practices...
Chubb CEO Says Industry Is Strong, Warns That Unavailability of Reinsurance Will Jeopardize Future T
Oct 1 2001 // Dean R. O’Hare, Chairman and CEO of The Chubb Corporation, one of the world’s leading property and casualty insurers, told Congress that the insurance industry is strong and will be able to pay all claims...
Chubb Survey Reveals ‘Roadshow’ Attendees Are Underinsured
Sep 30 2001 // Results of a survey conducted by Chubb Group of Insurance Companies reveals that many private collections of fine arts or antiques may be underinsured. When Chubb’s “Antiques Roadshow,” a popular PBS...
Chubb Introduces Comprehensive EPL Loss Prevention Program
Sep 28 2001 // The Chubb Group of Insurance Companies is rolling out a comprehensive loss prevention program that will help more than 100,000 customers protect themselves against employment-related lawsuits. The program offers policies...
Chubb Subsidiaries Placed on Negative Watch
Sep 25 2001 // Fitch has placed the “AAA” insurer financial strength (IFS) ratings of several subsidiaries of The Chubb Corporation (Chubb) on Rating Watch Negative. These companies are headed by Federal Insurance Company and...
SAFECO TO BUY ACE USA DIVISION
Sep 24 2001 // SAFECO Corp. and ACE USA announced an agreement for SAFECO Select Insurance Services Inc. to acquire ACE USA’s Financial Institution Specialists (FIS) division. The acquisition of FIS’ $80-million book of...
Chubb Estimates $500-$600 Million in Losses from Terrorist Attacks
Sep 21 2001 // Warren, N.J.-based Chubb Corp. announced that it anticipated losses from the terrorist attacks of September would amount to between $500 and $600 million pre-tax, net of reinsurance. The figures, which include the...
Harleysville, NYMAGIC Estimate Terrorist Attack Losses – Chubb , Fitch Opinions
Sep 20 2001 // Pennsylvania-based Harleysville Group Inc. and New York’s NYMAGIC, INC. indicated that they anticipated minimal exposure following last Tuesday’s terrorist attacks, while officials of Chubb and Fitch gave...
Chubb Announcement Regarding Sept. 11 Tragedies
Sep 13 2001 // Dean R. O’Hare, Chairman and CEO of The Chubb Corporation stated, “The tragic terrorist attacks on the World Trade Center and elsewhere in the United States are almost beyond comprehension. We extend our...
Are Fine Arts Floaters A Silver Lining in the Insurance Market Cloud’
Sep 10 2001 // Unlike many lines of insurance, the fine arts and collections market has so far managed to avoid the difficulties of a hardening environment. But is it robust enough to carry the industry through tough times? Maybe not,...
Chubb Survey Reveals ‘Roadshow’ Attendees Are Underinsured
Sep 3 2001 // Results of a survey conducted by Chubb Group of Insurance Companies reveals that many private collections of fine arts or antiques may be underinsured. When Chubb’s “Antiques Roadshow,” a popular PBS...
Are Fine Arts Floaters A Silver Lining in the Insurance Market Cloud’
Sep 3 2001 // Unlike many lines of insurance, the fine arts and collections market has so far managed to avoid the difficulties of a hardening environment. But is it robust enough to carry the industry through tough times? Maybe not,...
Chubb Hosts Minority-Owned Producer Forum
Aug 24 2001 // The Chubb Group of Insurance Companies hosted a forum for minority-owned producers from across the country at its corporate headquarters in Warren, New Jersey on Tuesday. The company welcomed 20 producers from 10 states to...
