Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
Chubb Sued for $60M by Owners of Ohio Mansion Gutted by Fire
Feb 9 2015 // The owners of a $4 million suburban Ohio mansion that burned to the ground last year are suing their insurance company for almost $60 million, saying it didn’t honor their claims. Court documents show homeowners...
ACE Group Warns UK SMEs About Higher Fraud Risk in 1st Quarter
Feb 4 2015 // Fraud cases are on the rise and the profile of fraudsters is changing to include more young individuals seeking to fund extravagant lifestyles, according to ACE Group. As pressure on bank balances grows after the...
Chubb Reports Q4 Net Income Falls 2%; Says No Fear of ACE, Google
Feb 2 2015 // The Chubb Corp. in Warren, New Jersey, reported net income of $558 million for the 2014 fourth quarter, a 1.9 percent decrease from $569 million net income during the prior year fourth quarter. The operating income, which...
Chubb Sued for $60M by Owners of Ohio Mansion Destroyed by Fire
Jan 29 2015 // The owners of a southwest Ohio mansion that burned to the ground last year are suing their insurance company for almost $60 million for allegedly not honoring their claims. Court documents show homeowners Jeffrey and Maria...
Berkshire’s Commercial Insurer Hires AIG, Chubb Execs to Enter Canada Market
Jan 28 2015 // Berkshire Hathaway Inc.’s commercial insurance unit is expanding into Canada as it seeks to win over new clients by offering bigger coverage limits than competitors. The unit, Berkshire Hathaway Specialty Insurance,...
ACE Westchester Extends Its Product Recall Insurance to Small Businesses
Dec 5 2014 // ACE Westchester has launched ACE Recall Plus for Small Business, a product that offers product recall coverage and crisis management services to the small business market segment. The move follows an increase in the...
Chubb Survey: Attic Storage Can Cause Homeowner Grief, Hazards
Dec 4 2014 // 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...
ACE Group Offers Tiered Loss Mitigation Services for Cyber
Nov 13 2014 // ACE Group is offering a new Loss Mitigation Services designed to help businesses reduce the possibility of cyber security attacks and data breaches from occurring, minimize potential losses, and prepare for possible...
Chubb: No Operations or Employees in U.S. Blacklisted Countries
Oct 30 2014 // Chubb Corp. has distanced itself from insurance adjusters in Sudan and Syria after a U.S. Securities and Exchange Commission inquiry into business in nations blacklisted by the U.S. because of terrorism ties. The...
Chubb Reports ‘Outstanding’ Q3
Oct 24 2014 // Calmer weather, rate increases, high account retention and lower expenses powered The Chubb Corp. to a what the firm’s CEO said was an “outstanding” third quarter. The New Jersey-based insurer reported...
Knowing Clean Technology Customers
Oct 6 2014 // In the next 10 years, the clean technology market is expected to increase by more than 60 percent to nearly $400 billion worldwide, according to Clean Edge’s Clean Energy Trends 2014 Report – creating an enormous...
Chubb Insurance Appoints Rehman CEO of Chubb Europe
Sep 9 2014 // 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...
Chubb Launches Crime Coverage for Payment Fraud
Aug 25 2014 // The Chubb Group of Insurance Companies has created a crime insurance endorsement to help protect companies from an increasingly prevalent type of fraud. Chubb’s Social Engineering Fraud Endorsement provides coverage...
ACE Group Names 3 to High-Net Personal Lines Posts
Aug 21 2014 // ACE Group announced executive appointments in its high net worth personal lines insurance business, ACE Private Risk Services, naming Annmarie Camp as senior vice president, National Sales and Distribution leader, Shannon...
Chubb Q2 Profit Declines 14%
Jul 25 2014 // Chubb Corp. reported that net income in the second quarter of 2014 fell to $499 million from $579 million in the second quarter of 2013 due to losses from severe weather and residential and commercial property...
Non-Covered Claims May Exhaust Primary Limits, Trigger Umbrella
Jul 10 2014 // A recent ruling from the Fifth Circuit Court of Appeals in Louisiana clarified that an umbrella policy may be triggered even when the underlying insurance is exhausted by claims that would not be covered by the umbrella...
ACE Expands Life Sciences Coverage through Wholesale Division
Jul 1 2014 // ACE Group has expanded its suite of products developed to address the needs of U.S.-based life sciences companies through its wholesale-focused business, ACE Westchester Professional Risk. The ACE Westchester Professional...
ACE Group Appoints Heard Sr. VP – Latin American Personal and Business
May 8 2014 // The ACE Group announced the appointment of David Heard as Senior Vice President, Personal and Business Insurance, for the company’s Latin America region. He takes over responsibility for all personal lines and small...
PartnerOne Environmental, ACE Westchester Launch New Energy Product
May 6 2014 // PartnerOne Environmental has partnered with ACE Westchester Environmental to offer PartnerOne Energy Select, a new packaged insurance product specifically for environmental energy contractors and consultants. PartnerOne...
Former Chubb COO Degnan Nominated as Chairman of Port Authority of N.Y.-N.J.
Apr 30 2014 // John Degnan, a former chief operating officer of Chubb Corp., was nominated for chairman of the Port Authority of New York and New Jersey by New Jersey Governor Chris Christie, filling a vacancy brought on by the scandal...
