Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
ACE USA, RPS Healthcare Expand E&O Coverage for Podiatrists
Apr 16 2012 // ACE USA’s ACE Medical Risk Division now offers increased reimbursement limits for legal expenses incurred because of an action by a federal or state agency arising from a podiatrist’s participation in the...
Chubb’s Petrosino Joins IICF National Board of Governors
Mar 29 2012 // The Insurance Industry Charitable Foundation named Gary C. Petrosino, executive vice president of Chubb & Son and western U.S. territory field officer for Chubb, to the foundation’s national board of...
Chubb Sues Actress Marisa Tomei Over $129K Damage in NYC Apartment
Feb 6 2012 // Three insurance companies have sued Academy Award-winning actress Marisa Tomei in a New York court last week, seeking $128,755 in damages. Pacific Indemnity Company, Federal Insurance Company and Vigilant Insurance Company...
Chubb System Helps Expedite Clinical Trials in China and Brazil
Feb 1 2012 // An online system from Chubb Group of Insurance Cos. can now be used to instantly obtain specimen policy language for trials in many countries where ethics committees require the review of insurance contract terms and...
Chubb Says Commercial Renewal Rates Rose 6% in Q4, Up From 4% in Q3
Jan 30 2012 // Chubb Corporation said its commercial insurance renewal rates were up 6 percent in the 2011 fourth quarter, as the pace of renewal rate increases continues to accelerate. Chubb also said it secured renewal rate hikes in...
Chubb Posts $452M in Q4 Profit, Approves $1.2B Share Buyback
Jan 27 2012 // The Chubb Corporation reported fourth-quarter net income of $452 million, down 27 percent from $620 million net income reported during the same period one year ago. The Warren, N.J.-based insurer said the results were hurt...
People
Jan 23 2012 // Woodbury, N.Y.-based Sterling & Sterling appointed Leslie Nylund as president of the insurance brokerage. Nylund will be responsible for the firm’s operations, including sales, employee benefits, client services...
ACE Promotes New Orleans-Based Execs in Aerospace Insurance Units
Jan 18 2012 // The ACE Group announced new leadership appointments in its Aerospace insurance operations. Stephen Dinsdale has been appointed chairman, ACE USA Aerospace and Jerry Ruth has been appointed to senior vice president, ACE USA...
2012 Off to Bad Weather Start for P/C Insurers
Jan 13 2012 // A tree lays in a yard after a possible tornado roared through Icard, N.C,. on Wednesday, Jan. 11, 2012.Damaging hailstorms in Australia. Unprecedented tornadoes in the southeastern United States. Constant windstorms in...
Insurance Veterans’ Forecasts for 2012
Jan 5 2012 // Now that the year 2011 is behind us, let’s take a look at what might be ahead. Insurance Journal spoke with leading industry professionals and asked them what they are expecting this year. If their forecasts are any...
Chubb Creates Online System for Private Companies and Nonprofits
Dec 13 2011 // The Chubb Group of Insurance Companies has developed an online system to make it easier for producers to procure professional liability and management liability insurance for private companies and nonprofit...
Chubb Adds New Coverages to Private Company Program
Dec 5 2011 // The Chubb Group of Insurance Companies has added protection for cyber breaches and other crimes to its ForeFront Portfolio 3.0 program for private companies. The new cyber security insurance will allow U.S. companies to...
AIG Says Commercial Line Rate Hike Is Accelerating
Nov 21 2011 // American International Group said recently its U.S. commercial line rates are increasing at an accelerated pace. A number of other major insurers have offered similar observations in the latest earnings season. “In...
AIG Says Commercial Line Rate Hike Is Accelerating
Nov 4 2011 // American International Group said its U.S. commercial line rates are increasing at an accelerated pace. A number of other major insurers have been offering similar observations in this earnings season. “In U.S....
Chubb Adds Gooding Auction Data to Classic Car App
Nov 3 2011 // The Chubb Group of Insurance Companies has added Gooding & Co. automobile auction data to its Classic Car Guide mobile app. “As part of a sponsorship renewal with Gooding, users of Chubb’s app will be able...
Chubb Profit Falls in Q3
Oct 21 2011 // The Chubb Corp. reported that net income in the third quarter of 2011 was $298 million compared to $572 million in the third quarter of 2010. Net income per share declined to $1.04 from $1.80. Operating income was $252...
ACE USA Introduces Healthcare Premises Pollution Policy
Oct 17 2011 // ACE USA, the U.S.-based retail operations of the ACE Group, has introduced a healthcare premises pollution liability insurance policy that is designed to address the environmental risks faced by the healthcare industry....
Chubb Reports Q3 Disaster Losses Up to $475 Million
Sep 29 2011 // Property insurer Chubb Corp. Wednesday warned it would report up to $475 million in pretax catastrophe losses in the third quarter, most of it coming from late August’s Hurricane Irene. Chubb said $300 million to...
Chubb Executive McElwee Joins Homesite Insurance in Boston
Sep 12 2011 // Homesite Insurance Co., a Boston-based property insurer, appointed Chubb veteran Andrew McElwee Jr. as executive vice president and chief underwriting officer. In this position, he will be part of Homesite’s...
ACE Westchester Expands Environmental Coverage with Premises Pollution Package
Jul 13 2011 // ACE Westchester, the U.S.-based wholesale-focused insurance division of the ACE Group, has launched ACE Westchester Elite Premises Pollution Liability form. The new policy provides a package of pollution coverages and...
