Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
ACE, ESIS Launch Programs for Construction Industry Addressing OSHA
Mar 21 2014 // ACE has launched specialized servicing capabilities designed for the construction industry through ESIS, Inc., a risk management services company owned by ACE Group. These services are available for general contractors,...
Best Revises Outlook on Chubb and Subs ICR Ratings to Positive; Affirms FSR
Mar 21 2014 // 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...
Chubb Sharing Economy Poll: 36% Open to Renting Others’ Homes for Vacation
Feb 5 2014 // More than one-third (36 percent) of Americans would rent someone else’s home for vacation, but far fewer (20 percent) would rent out their own home to others, according to a new survey sponsored by the Chubb Group of...
ACE Expands Accelerator Portal to Construction Industry
Feb 3 2014 // The ACE Group has expanded its ACE Accelerator portal to allow access to construction industry clients. More specifically, the portal will now be made available to risk managers who support specialty and large general...
Chubb Reports 4Q Profit Surge a Year After Sandy
Jan 31 2014 // Chubb Corp., the insurer of corporate boards and high-end homes, said profit surged as margins improved a year after Superstorm Sandy. Fourth-quarter net income rose to $569 million, or $2.24 a share, from $102 million, or...
IICF Names Chubb’s Petrosino Chairman of National Board
Jan 17 2014 // The Insurance Industry Charitable Foundation named Gary C. Petrosino, executive vice president and Western U.S. Territory field operations officer of Chubb & Son, chairman of its national board of governors. Petrosino...
Chubb Europe Launches Updated ‘MasterPackage’ for Technology Companies
Jan 15 2014 // Chubb Insurance Company of Europe SE announced the launch of the new edition of its MasterPackage for Technology Companies policy. It described the product as a “comprehensive first and third party policy to cater...
10 Things to Know About Employment Practices Liability Insurance
Jan 13 2014 // The employment practices liability insurance (EPLI) line has been showing the largest price hikes in U.S. commercial insurance. The EPL line’s year-over-year price increases spiked into double digits during the 2013...
ACE USA Names Sutter Senior VP for Distribution Management
Dec 13 2013 // ACE USA, the U.S. based retail operations of ACE Group, has appointed Carl Sutter as senior vice president, Distribution Management. Sutter will have responsibility for developing strategic broker relationships, and...
ACE USA Appoints Springer as Kansas City Branch Manager
Dec 10 2013 // ACE USA, the U.S.-based retail insurance operations of ACE Group, has appointed Kimberly Springer as branch manager of its Kansas City branch office. Springer will work closely with insurance brokers and clients in the...
People – Southeast
Dec 2 2013 // Nationwide Mutual Insurance Co. announced that Michael Browne, president and chief operating officer of the Harleysville Insurance, a member of the Nationwide family of companies, will retire effective May 1,...
10 Things to Know About Pollution Liability
Dec 2 2013 // In 2013, pollution liability news included: a $500 million cleanup plan for N.Y.’s Gowanus Canal; a $47 million cleanup plan for the Ringwood, N.J., Superfund site; a $113 million suit alleging toxicity at the...
Chubb Appoints Auerbach as European Multinational Solutions Manager
Nov 11 2013 // Chubb Insurance Company of Europe SE announced the appointment of Jan Auerbach to the role of Chubb European Multinational Solutions manager, which offers insurance products and services for companies undertaking business...
People – Southeast
Nov 4 2013 // The Chubb Corp.’s board of directors announced that John D. Finnegan, Chubb’s chairman, president and chief executive officer, will remain in his current roles until the end of 2016, breaking a Chubb policy...
People – East
Nov 4 2013 // The Chubb Corp.’s board of directors announced John D. Finnegan, Chubb’s chairman, president and chief executive officer, will remain in his current roles until the end of 2016, breaking a Chubb policy that...
Finnegan to Remain at Chubb Despite Retirement Policy; Executive Switches, Q3 Results Reported
Oct 25 2013 // The Chubb Corp.’s board of directors announced Thursday that John D. Finnegan, Chubb’s chairman, president and chief executive officer, will remain in his current roles until the end of 2016, breaking a Chubb...
ACE Appoints Senior VP for ACE USA Surety Unit in New York
Oct 21 2013 // ACE USA, the U.S.-based retail operations of the ACE Group, appointed Teresa Black to the newly created role of senior vice president and chief operating officer for the ACE USA Surety unit. Black, who most recently served...
Chubb’s Lloyd’s Syndicate Announces Cyber Security Offering
Sep 5 2013 // Chubb’s London office announced the availability of cyber security insurance through its Lloyd’s Syndicate, Chubb 1882. It is “based on Chubb’s successful US offering, the product combines...
Washington Nationals Sue Crime Insurer Over Player’s Lie About Age
Aug 7 2013 // Major League Baseball’s Washington Nationals sued an insurance company for $1 million for declining to provide crime insurance coverage for an alleged fraud scheme involving a team executive linked to the signing of...
Chubb Q2 Profit Jumps 43% to $579M; Renewal Rates Up in All Business Units
Jul 26 2013 // The Chubb Corp. reported its 2013 second quarter net income of $579 million, a 43.3 percent increase from $404 million net income posted a year ago. The company said it benefited from higher rates and stronger underlying...
