Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
Bermuda Tax Proposals: ‘Closing a Loophole’ or ‘ Pork Barrel Polics”
Dec 11 2000 // The taxation of foreign insurers, reinsurers, captives banks and financial service providers, involves some very complex international issues, heavily charged with “political considerations.” HR 4192, or the...
Houston Bestows IIAA Presidential Citations
Oct 30 2000 // Independent Insurance Agents of America President William M. Houston, CPCU, ARM, today bestowed special IIAA Presidential Citations to several deserving individuals for their outstanding contributions on behalf of the...
New Chubb China Office To Serve Foreign Investors P/C Needs
Sep 29 2000 // Federal Insurance Company, a subsidiary of The Chubb Corp., officially opened a wholly owned branch office in Shanghai to “focus on the non-life insurance market for foreign-invested enterprises in...
Chubb, CNA Complete Sale of Aviation Underwriter
Sep 28 2000 // Chubb Corp. announced that it has completed the sale of its ownership interest in Associated Aviation Underwriters, Inc. (AAU) to British Aviation Insurance Group Ltd. (BAIG). Chubb’s partner in the aviation and...
CHUBB GETS CLUBBED:
Sep 25 2000 // The law firm of Milberg Weiss Bershard Hynes and Lerach announced that a class action lawsuit was filed on August 31 on behalf of purchasers of The Chubb Corporation common stock during the period between April 27, 1999...
Class Action Lawsuit Filed Against the Chubb Corp.
Sep 1 2000 // The law firm of Milberg Weiss Bershard Hynes and Lerach announced that a class action lawsuit was filed on August 31, 2000 in the United States District Court for the District of New Jersey on behalf of purchasers of The...
Chubb China License Finally Approved
Aug 16 2000 // Chubb Corp.’s license to do business in China has finally been approved after a lengthy delay . The Chinese originally agreed to issue licenses to Chubb and John Hancock in April of 1999, but tensions between the...
Large Carriers Post Positive Second-Quarter Results
Aug 7 2000 // Over the past three weeks, U.S. property/casualty insurers have been busy posting their second-quarter results. With continuing low premium rates and high claims costs, it may look like bad news for the industry as a...
Large Carriers Post Positive Second-Quarter Results
Aug 7 2000 // Over the past three weeks, U.S. property/casualty insurers have been busy posting their second-quarter results. With continuing low premium rates and high claims costs, it may look like bad news for the industry as a...
CNA, Chubb to Sell Associated Aviation Underwriters
Jul 31 2000 // CNA announced today that it has entered into an agreement to sell Associated Aviation Underwriters Inc. (AAU) to the British Aviation Insurance Group (BAIG). AAU is jointly owned by CNA and The Chubb Corp. The agreement...
Chubb Not For Sale, Says CEO
Jul 28 2000 // Shares in Chubb Corp soared to a 52-week high Thursday on rumors that Citigroup and Berkshire Hathaway are interested in buying the company. Chubb Chief Executive Dean O’Hare laid those rumors to rest, insisting the...
Brooklyn Underwriter Arrested for Submitting Fraudulent Claims
Jul 27 2000 // New York Superintendent of Insurance Neil D. Levin said that Camille Sautner, 26, was arrested on various charges for defrauding Chubb Insurance Company out of $45,000. The arrest is the result of a joint investigation...
Q2 Results Good for AIG, Chubb, St. Paul
Jul 27 2000 // American International Group’s second-quarter operating profit rose 13 percent to $1.43 billion, matching analysts’ estimates. T he New York-based insurer said net profit, including realized investment losses,...
Chubb’s ‘A++’ Affirmed
Jul 10 2000 // The ‘A++’ financial strength ratings of the property/casualty subsidiaries of The Chubb Corporation were affirmed by A.M. Best. The ratings apply to the 10 companies holding membership in the pool, which is led...
Historic or Brand New -It’s a High-Valued Home Sweet Home
Jun 12 2000 // It’s spring home-buying season, and realtors throughout California are reporting that despite interest rate fluctuations and a seesawing stock market, the real estate market is hotter than ever. From Ventura to...
Chubb Exec Risk Gets ‘Aa1’
Jun 12 2000 // Moody’s assigned “Aa1” insurance financial strength ratings to Executive Risk Indemnity Inc., Executive Risk Specialty Insurance Company and Quadrant Indemnity Company. The three Chubb Executive Risk Inc....
New Officers Appointed to Help Lead Claims Dept. at Chubb Executive Risk
Jun 8 2000 // Gregory Barabas, vice president of claims and manager of specialty claims of Executive Risk Inc., announced three officer appointments in the company’s Claims Department. Diane Parker of Springfield, Mass., is now...
Chubb Earnings Lower
Apr 25 2000 // The Chubb Corporation reported lower operating earnings and net income for the first quarter of 2000, partially a result of weather-related losses in the homeowners’ business. In addition, there were a number of...
