Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
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...
New Chubb Service Assists Businesses With Data Breach Fallout
Jul 5 2011 // The Chubb Group of Insurance Cos. has introduced a new service to help businesses manage a data breach. In the event of a data breach, the service can refer business managers to a specialist law firm, which can conduct a...
Chubb Unveils Package Insurance Policy for Apartment, Co-op, Condo Risks
Jun 21 2011 // A new commercial multi-peril package policy from the Chubb Group of Insurance Cos. will provide apartment building owners and co-op and condominium associations with a package of property, casualty, workers compensation,...
Surety & Fidelity Association Elects Chubb’s Vispoli as Chair
May 11 2011 // The Surety & Fidelity Association of America has elected Tracey Vispoli, senior vice president, Chubb Group of Insurance Companies, as chair of the board for 2011-2012. Vispoli is the global manager for Chubb’s...
EEOC Settles Wisconsin Discrimination Complaint with Chubb
May 6 2011 // A federal agency says a New Jersey insurance company will pay $110,000 to settle allegations of racial discrimination at its Milwaukee office. The U.S. Equal Employment Opportunity Commission announced the agreement on May...
Terrorism Risks Lead Professionals to Refuse Business Trips
May 5 2011 // Growing concerns over worldwide terrorism have caused some professionals to refuse going on business trips. Half of all respondents to a new survey reported they would refuse a business trip because of concerns related to...
Survey: Businesses Not Doing Enough to Protect Against Discrimination, ID Theft
May 2 2011 // Nearly a third of Americans report that businesses are not doing enough to protect them from workplace discrimination and identity theft. A recent survey by the Chubb Group of Insurance Cos. found that one in three people...
Chubb Adds Pet Injury Coverage, Other Enhancements to Auto Policy
Mar 17 2011 // The Chubb Group of Insurance Cos. is adding up to $2,000 in coverage to its automobile policy for pets injured or killed in a crash or other covered loss. The policy will help pay to treat, board or replace domestic pets,...
ACE USA Reorganizes Medical Risk Business
Mar 11 2011 // ACE USA, the U.S.-based retail operating division of the ACE Group, is reorganizing its medical liability group into two operating units, ACE Medical Risk and ACE Life Sciences. These two units will serve the unique...
Chubb Launches E&O, GL Insurance Policy for Life Sciences Firms
Mar 1 2011 // The Chubb Group of Insurance Companies is offering newerrors and omissions (E&O) and general liability insurance policies to address risks faced by life sciences companies. Chubb’s general liability policy,...
ACE USA Appoints Hurley, Kubursi in New York Region
Feb 24 2011 // ACE USA, the U.S.-based retail operating division of the ACE Group, has appointed Andrew Hurley as chief operating officer of its New York region. In this new role, Hurley will assist in executing the regional business...
Ratings Roundup: Westchester Fire, Middle Georgia
Feb 16 2011 // A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of New York-based Westchester Fire Insurance Company (WFIC) and assigned an...
Jewelers unBLOCKed to Offer Jewelers Block Insurance from Chubb
Feb 11 2011 // CED 1976, LLC, will be the exclusive provider of underwriting and policy servicing for a new jewelers block insurance program from the Chubb Group of Insurance Companies. The program will be offered country wide to...
Chubb Reports Q4, 2010 Results; Expects Australia Flood Losses
Jan 28 2011 // The Chubb Corp. reported that net income in the fourth quarter of 2010 was $620 million, compared to $695 million in the fourth quarter of 2009. For the year ended Dec. 31, 2010, net income was $2.2 billion, the same as in...
ACE Group Appoints Hager to Head Japan P&C, A&H Business
Jan 27 2011 // The ACE Group announced that Jeffery Hager has been appointed Regional President, ACE Far East, responsible for ACE’s property and casualty (P&C) and accident and health (A&H) insurance businesses in...
Washington Fines Six Chubb Subsidiaries $534,000
Jan 25 2011 // Washington State Insurance Commissioner Mike Kreidler has ordered six subsidiaries of Chubb & Son to pay a $534,000 fine for violating state insurance laws. Federal Insurance Co., Pacific Indemnity Co., Great Northern...
