Chubb Group of Insurance Companies News

Chubb Not Responsible for Superstorm Sandy Damage to Two Insureds’ Homes

A New Jersey appeals court has upheld a trial court’s ruling that Chubb Insurance Co. is not responsible for damages to two insureds’ homes caused by Superstorm Sandy because of a flood exclusion in their policies. In October 2012, Superstorm …

Chubb Survey: Attic Storage Can Cause Homeowner Grief, Hazards

Homeowners who don’t pay attention to what’s going on in their attics can face costly damage that can spread throughout their entire home, warns a new survey sponsored by the Chubb Group of Insurance Companies. According to the survey of …

Chubb Insurance Appoints Rehman CEO of Chubb Europe

The Chubb Group of Insurance Companies announced the appointment of Jalil Rehman as Chief Executive Officer of Chubb Insurance Company of Europe. He has been with Chubb for 24 years and has served in various leadership positions. For the past …

Best Revises Outlook on Chubb and Subs ICR Ratings to Positive; Affirms FSR

A.M. Best has revised the outlook of the issuer credit ratings (ICR) to positive from stable and affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and the ICRs of “aa+”of the property/casualty subsidiaries of The Chubb Corporation, also known …

Chubb Subsidiary Approved as N.J. Domestic Surplus Lines Insurer

The Chubb Group of Insurance Companies said on May 23 it received approval from the New Jersey Department of Banking & Insurance to convert one of its subsidiaries, Chubb Custom Insurance Company, into a domestic surplus lines insurance company. By …

Chubb’s Senior Fine Art Specialist Moves to Fireman’s Fund

Novato, Calif.-based Fireman’s Fund Insurance Company appointed Michelle Impey as fine art director, personal insurance. She is based in New York City.Impey comes to Fireman’s Fund from the Chubb Group of Insurance Companies, where she served for 11 years as …

Public Companies Underestimate Risk of Directors and Officers Lawsuit: Survey

Public company executives may be in for a surprise lawsuit. Despite the odds that they and their directors will be sued in the next 12 months, a new Chubb Public Company Risk Survey has found that more than 80 percent …

Chubb Sues Actress Marisa Tomei Over $129K Damage in NYC Apartment

Three insurance companies have sued Academy Award-winning actress Marisa Tomei in a New York court last week, seeking $128,755 in damages. Pacific Indemnity Company, Federal Insurance Company and Vigilant Insurance Company — all members of Chubb Group of Insurance Companies …