Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
Fitch Places Chubb Corp. on Rating Watch Negative
Oct 29 2002 // Fitch Ratings has placed all ratings of The Chubb Corporation (Chubb) on Rating Watch-Negative. The ratings include the ‘AA+’ insurer financial strength (IFS) rating of Chubb’s property/casualty insurance...
Trenwick in Deal with Chubb Re, Begins Audit Study of Reserves
Oct 28 2002 // Bermuda-based Trenwick Group announced that its subsidiary, Trenwick America Reinsurance Corp., has entered into an underwriting facility with Chubb Re, Inc., a subsidiary of The Chubb Corporation. Trenwick also said that...
Chubb and Subs Outlook Neg.
Oct 28 2002 // Standard & Poor’s Ratings Services revised its long-term ratings outlook on Warren, N.J.-based Chubb Corp. and on Chubb’s operating insurance companies (financial strength “AA+”) to negative...
IBANY to Honor Chubb & Son, Serio
Oct 22 2002 // The Insurance Brokers’ Association of the State of New York (IBANY) announced it would present its inaugural Insurer of the Year award to Chubb & Son Thursday, Oct. 24 at The Down Town Association, New York,...
A.M. Best Affirms Chubb’s Financial Strength and Debt Ratings
Oct 16 2002 // A.M. Best Co. has affirmed the financial strength ratings of A++ (Superior) of The Chubb Corporation’s property/casualty subsidiaries. Additionally, A.M. Best has affirmed the “aa” senior debt ratings of...
2001 Market Share For Insurers in Texas
Oct 14 2002 // The 2001 premium and loss data for Texas verifies everything you heard from the insurance companies — it was a really bad year. Here are the highlights in review: • Texas accounts for 7 percent of the national premium...
Securing Building Sites in the Wake of Sept. 11
Sep 30 2002 // With the remembrance of the events of Sept. 11, building and site security has become an increasingly important issue to companies all over the nation and the world. Nowadays, it is simply not prudent to be lax on...
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...
