Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
Tapping the High Net Worth Market
Sep 10 2012 // How Agents and Carriers Can Find Gold in Personal Lines Independent agents and their companies have over the years been beaten in the personal lines market by direct response carriers and captive agents. But being down so...
Chubb Launches Insurance Product for Health Care Fraud, Data Breaches
Aug 28 2012 // The Chubb Group of Insurance Cos. has introduced insurance coverage to help small to mid-size health care organizations manage some of their biggest exposures. ForeFront Portfolio 3.0 for Health Care Organizations offers...
ACE USA Names EVP for Medical Risk, Life Sciences Unit in N.J.
Aug 14 2012 // ACE USA, the U.S.-based retail operating division of the ACE Group, has appointed Caroline Clouser as executive vice president of the medical risk and life sciences business. She will be based in New Jersey. In this...
Chubb Profit Slightly Down; U.S. Commercial Renewal Rate Hike 9% in Q2
Jul 27 2012 // The Chubb Corp. reported $404 million profit for its second quarter, declining 3.6 percent from $419 million reported a year earlier. The results were hampered by weaker investment results and significant catastrophe...
ACE Expands Catastrophe Management Services for Environmental Risks
Jul 13 2012 // ACE USA, the U.S.-based retail operations of the ACE Group, has expanded its environmental risk insurance products to add catastrophe management coverage. In addition to coverage for standard remediation services included...
Chubb, Willis Executives Join Aon Risk Solutions in New York
Jul 11 2012 // Aon Risk Solutions, the global risk management business of Aon plc, recently hired Edward Reilly and Joseph Russo as senior vice presidents in the construction services group. Edward Reilly, left, and Joseph Russo recently...
Chubb Expects Up to $240 Million in Q2 Catastrophe Losses
Jul 11 2012 // The Chubb Corp. expects to report $200 million to $240 million in catastrophe losses for the second quarter, before taxes, due to severe hail and wind storms in the U.S., the insurer said on Tuesday. The charges amount to...
RLI, Chubb Among Top P/C Performers: SNL
Jul 2 2012 // RLI Corp. tops the list of property/casualty commercial lines carriers ranked by financial performance for the 12 months ending March 31, based on a review by SNL. RLI beat out Chubb, Dorinco Reinsurance and Argo Group for...
Public Companies Underestimate Risk of D&O Lawsuit: Survey
Jul 2 2012 // Despite the odds that public companies and their directors will be sued in the next 12 months, a new Chubb Public Company Risk Survey has found that more than 80 percent believe this is unlikely. “This general lack...
People – East
Jul 2 2012 // New Jersey Manufacturers Insurance Company has promoted Treasurer Charles Prall to chief financial officer. He will also serve on the insurer’s board of directors. Being named to the CFO position is an enhancement of...
ACE Launches New Stand-Alone Product Recall Insurance Unit
Jun 29 2012 // ACE Westchester, the U.S.-based wholesale-focused insurance division of the ACE Group, has introduced a new stand-alone product recall underwriting unit, which will deliver insurance products to respond to the increased...
ACE USA Names Senior VP of Distribution Management in New York
Jun 27 2012 // ACE USA, the U.S.-based retail operating division of the ACE Group, has appointed Teresa Black as senior vice president of distribution management. Black returns to ACE in this new role, and will work collaboratively with...
ACE USA Expands International Advantage Coverage
Jun 26 2012 // ACE USA has expanded its International Advantage product to offer enhanced coverages for the risks faced by professional services employees doing business overseas. Three foreign package offerings designed for accountants...
Chubb Expands Wildfire Defense Services in Texas
Jun 20 2012 // The Chubb Group of Insurance Cos. has expanded its Wildfire Defense Services to most of Texas less than a year after the state experienced its worst wildfire season on record. The free loss-prevention service is now...
Public Companies Underestimate Risk of Directors and Officers Lawsuit: Survey
Jun 18 2012 // Public company executives may be in for a surprise lawsuit. Despite the odds that they and their directors will be sued in the next 12 months, a new Chubb Public Company Risk Survey has found that more than 80 percent...
Chubb Adds Covert Shipment Tracking to Suite of Security Services
Jun 14 2012 // The Chubb Group of Insurance Companies and FreightWatch International are teaming up against record-high levels of cargo theft. FreightWatch, which reported an 8.3 percent increase in the number of cargo thefts last year,...
ACE USA Enhances International Casualty Coverage
May 25 2012 // ACE USA, the U.S.-based retail operations of the ACE Group, has enhanced its international casualty coverage, ACE ATLAS CMP. The coverage is specifically designed to provide coverage for U.S.-based multinational...
People – East
May 21 2012 // Guy Carpenter & Co. LLC, a global risk and reinsurance intermediary division of N.Y.-headquartered Marsh & McLennan Companies, appointed Andrew Marcell as chief executive officer of U.S. operations and Pete...
ACE Westchester Appoints VP in New York
May 8 2012 // ACE Westchester, the U.S.-based wholesale-focused insurance division of the ACE Group, appointed Richard Luca as vice president of management liability for its professional risk division. He is based in the greater New...
ACE Adds Preferred Securities Panel Option to D&O Policies
May 7 2012 // ACE USA, the U.S.-based retail operating division of the ACE Group, has enhanced its directors & officers liability policy with a non-mandatory panel counsel option. The ACE Preferred Securities Panel consists of law...
