Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
Chubb Encourages Chinese Firms to Adopt Risk Management Practices
Nov 18 2009 // Chubb Group recently co-hosted a seminar near Shanghai, which focused on the “increasing number of Chinese exports exposed to product liability claims and litigation in the United States and Europe.” As a...
Chubb Post-Storm Inspections Available in Georgia, South Carolina
Oct 6 2009 // The Chubb Group has extended its post-catastrophe inspection service to homeowners insurance customers who own a secondary or seasonal home in Georgia and South Carolina and who may not be able to visit their property...
California Jury Orders Large, First-Ever Wildfire Environmental Damages
Oct 1 2009 // A Los Angeles jury Wednesday ordered two construction companies to reimburse the government for $36.5 million in damages from a 2002 wildfire, in the largest such award and the first-ever damages for environmental harm,...
At Home and Abroad, Vacated Properties Pose Greater Risk
Sep 29 2009 // A global recession, which has led to layoffs and a sharp drop in consumer spending, has also created a glut of commercial real estate space around the world. Vacated properties are a significant concern because they are...
Matheessen Named Underwriting Head at ACE’s Energy Risk Unit
Sep 16 2009 // Philadelphia-based ACE USA has appointed Keith Mattheessen as senior vice president and chief underwriting officer of the ACE Risk Management Energy Underwriting Unit. This new unit within ACE Risk Management provides a...
Regulatory Reform, Rewards for Quality Insurers Ahead, Says Chubb Exec
Aug 5 2009 // Skepticism over the financial condition of insurance companies is healthy and financially strong insurers stand to gain over weaker competitors in today’s market, an executive for a major property/casualty insurer...
Chubb Net Income Rises 18% in Q2
Jul 24 2009 // U.S. property/casualty insurer Chubb Corp posted a higher quarterly profit on Thursday, beating Wall Street expectations, as investment gains and lower underwriting losses offset declining policy sales. Second-quarter net...
Merging 10 Westchester Fire Units Would Save $47 Million: Study
Jul 6 2009 // A new study claims that merging 10 Westchester County fire departments could save New York homeowners and businesses about $47 million a year in fire insurance premiums alone while delivering better service. The Pace...
Chubb Updates Loss Prevention Guide for Independent Directors
Jun 17 2009 // The Chubb Group of Insurance Companies has updated its “Loss Prevention Guidelines for Independent Directors” handbook. “Shrinking company profits and stock price fluctuations are exposing independent...
Murphy Named Assistant Vice President of ACE Westchester
Jun 2 2009 // Philadelphia-based ACE Westchester said Roger Murphy will spearhead the launch of the company’s new coverage line.for hazardous material and hazardous waste transporters. The coverage includes a capacity up to $5...
Chubb Names Spencer COO, Accident & Health
May 21 2009 // The Chubb Group of Insurance Cos. named Stuart A. Spencer as chief operating officer of Worldwide Accident & Health, effective June 1. He will report to Andrew A. McElwee Jr., executive vice president of Chubb &...
Dowd to Take on Vice Chairman Duties at ACE Limited, ACE Group
May 21 2009 // ACE Limited announced that Brian Dowd, currently CEO, Insurance – North America, has been named to the additional position of Vice Chairman, ACE Limited and ACE Group Holdings. “In addition to his current...
Chubb Helps to Protect Homes from Santa Barbara Wildfire
May 8 2009 // As the wildfire in Santa Barbara, CA, expands in scope and intensity, the Chubb Group of Insurance Companies has stepped up measures to help protect its homeowners insurance customers’ properties. Earlier this week,...
Chubb Q1 Profit Dips Along With Investments, Sales
Apr 24 2009 // High-end property/casualty insurer Chubb Corp. said Thursday that earnings fell in the first quarter, hit by losses on fund investments and declining policy sales. Chief Executive John Finnegan said the “difficult...
ACE USA Launches Green Contractors Program
Apr 15 2009 // ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, launched ACE Green CPLSM , a contractors pollution liability program. The new program will help address the growing risks and potential...
Chubb Alters Wind Coverage Offer in Southern Florida Coastal Counties
Apr 15 2009 // Chubb Personal Insurance has notified its agents it is no longer including wind coverage in Masterpiece homeowners insurance policies for new customers in 14 Southeast and Southwest coastal counties in Florida. The...
Chubb’s Tomlinson Named ‘Insurance Woman of the Year’
Apr 3 2009 // The Association of Professional Insurance Women Inc. (APIW) has selected Chubb Group Executive Vice President Janice Tomlinson as its “Insurance Woman of the Year.” Tomlinson, who has been employed by Chubb...
Chubb Finds Disputes over Who Pays Ransoms Put Crew Members at Risk
Mar 11 2009 // A bulletin from the Chubb Corp. notes that “as pirates increasingly target cargo vessels in the Gulf of Aden, owners are struggling to pay escalating ransom demands—putting their crews at risk, an insurance...
10 Chubb Insurance Employees Win $216 Mega Millions Lottery
Mar 4 2009 // A group of 10 workers from a Chubb Insurance office in New Jersey are winners of a $216 million Mega Millions lottery. The news, first reported by CBS2-TV news this morning, was confirmed with Chubb by Insurance...
New Jersey Company Settles Massachusetts Lawsuit for $239K
Feb 26 2009 // A New Jersey insurance company agreed Tuesday to pay just over $239,000 to settle allegations that it offered improper incentives to a Boston-based brokerage firm. Massachusetts Attorney General Martha Coakley’s...
