Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
An Exact Science: Insuring Biotech Takes Know-How
Sep 30 2002 // As far as commercial property and casualty coverages are concerned, it goes without saying that individual companies require specific types of policies to most effectively address risks inherent to their industries. The...
Hiscox Criticizes Chubb as Shareholders Approve Rights Issue
Sep 27 2002 // Hiscox plc shareholders, with one notable exception, approved the company’s plan to issue up to 96.4 million new shares through a rights offering aimed at raising an additional £110.5 million ($171 million) to...
O’Reilly Named Interim CFO at Chubb
Sep 27 2002 // Michael O’Reilly, executive vice president and Chief Investment Officer of The Chubb Corp., was named to the position of Chief Financial Officer. O’Reilly succeeds Weston Hicks, who resigned as Chubb CFO,...
Former Chubb CFO Joins Alleghany
Sep 27 2002 // Alleghany Corporation of New York City announced it has named Weston Hicks as executive vice president effective Oct. 7. Hicks has extensive experience as a senior executive, capital manager and research analyst in the...
Chubb, Hartford, Agree to $22M Settlement with Reno/Tahoe Int. Airport
Sep 26 2002 // Settling a four-year legal battle, The Chubb Group of Insurance Companies and The Hartford Insurance Company have agreed to pay Reno/Tahoe International Airport a total of $22 million for a flood insurance claim related to...
Chubb to Vote Against Hiscox Rights Issue
Sep 25 2002 // Chubb Corp. issued a statement that its investment services subsidiary would vote its 54,529,566 ordinary shares in Hiscox plc against the shareholder resolutions seeking approval for the issuance of 96.4 million new...
ACE USA Appoints Macdonald as Chief Underwriting Officer
Sep 24 2002 // ACE USA appointed James Macdonald to the position of chief underwriting officer. Macdonald will have overall management responsibility for the underwriting function for ACE USA and ACE Canada. Macdonald has more than 30...
78% of Kansas City Attendees at Chubb’s Roadshow Want Insurance
Sep 24 2002 // Most of the people who attended Chubb Corp’s Antiques Roadshow in Kansas City this summer were interested in making sure that if they found out they had a valuable antique, collectible or other item it was properly...
Chubb Releases Cyber Risk Needs Analysis
Sep 9 2002 // The Chubb Group of Insurance Companies has released a four-page guide, the Cyber Risks Needs Analysis, to provide corporate board members, risk managers and information technology security professionals with a methodology...
Chubb: Choose Building Sites Carefully
Sep 4 2002 // Loss control specialists at the Chubb Group of Insurance Companies recently issued statements warning companies to carefully evaluate security risks for potential building sites before breaking ground. “From a site...
Chubb Recommends Stronger Cargo Security Plans for Businesses
Sep 3 2002 // The Chubb Group of Insurance Companies is advising its business clients to install cargo security plans to cover their entire supply chains to reduce exposures to terrorism risks. “Not a single company can afford to...
Chubb Hosts Security Seminar for N.J. Police
Aug 26 2002 // The Chubb Group of Insurance Companies announced it has completed a two-day security evaluation seminar for New Jersey police and emergency service officials. The seminar was intended to assist law enforcement and other...
High-Tech E&O Liability
Aug 19 2002 // Nuts & Bolts: The Chubb Group of Insurance Companies has launched a new errors and omissions (E&O) liability insurance policy that can be tailored to meet the needs of small- to large-sized information and...
Chubb Executive Urges Cooperation Between IT and Risk Management Depts.
Aug 1 2002 // An executive with a leading commercial insurer is urging information technology departments to share information regarding attacks on corporate Web sites and computer networks with risk managers and insurers. Without...
Pair of Chubb Group Insurers Agree to Settlement
Jul 15 2002 // A pair of Chubb Group insurers have agreed to pay $13.5 million to settle with Sunbeam Corp. shareholders who registered a fraud suit against the bankrupt appliance maker, according to the Associated Press. Filed five...
ACE Group of Companies – Geoffrey Gregory
Jul 10 2002 // Two U.S. subsidiaries of the ACE Group of Companies have announced new appointments. ACE USA appointed Geoffrey Gregory president of ACE Casualty Risk. Based in Philadelphia, Gregory will be responsible for creating this...
ACE USA Names McDonnell Chief Financial Officer
Jun 25 2002 // ACE USA appointed Francis W. McDonnell to chief financial officer. McDonnell will report to Susan Rivera, president of ACE INA Holdings, Inc. Based in Philadelphia, McDonnell will have overall responsibility for all...
Chubb Personal
Jun 10 2002 // The Chubb Group of Insurance Companies has launched a new interactive online resource for both personal insurance agents and customers. Two key features of the new site are its co-branding opportunities for agents and...
ACE USA Names Gregory President of ACE Casualty Risk
May 31 2002 // ACE USA appointed Geoffrey G. Gregory to president, ACE Casualty Risk. Gregory has responsibility for the creation of a new casualty umbrella unit within ACE USA. ACE Casualty Risk will provide up to $25M in...
Chubb Estimates $34 Million in Claims from PPG Asbestos Settlement
May 16 2002 // New Jersey-based Chubb Corp. acknowledged that it expects to may around $34 million as its portion of the $2.7 billion settlement reached by PPG Industries to settle over 435,000 asbestos related cases against its bankrupt...
