Chubb News

Chubb Promotes 2 in Leadership Changes at Westchester and Financial Lines Businesses

Global insurer Chubb announced that Scott Meyer will succeed retiring Bruce Kessler as senior vice president, Chubb Group and division president of Westchester, the company’s wholesale and excess and surplus lines insurance business. As division president of Westchester, Meyer will …

Update: COVID-19 Business Interruption Claims Take Center Stage in London Court Case

UK financial regulators took aim at insurers’ attempts to compare the coronavirus lockdown to government warnings on cigarettes and alcohol, telling a London court that businesses had no choice but to shut down during the pandemic. The clash took place …

Americans Ignore Work-From-Home Cyber Attack Risks: Chubb Survey

A large number of Americans working from home due to the coronavirus pandemic aren’t worried about cyber attacks even though they’re at greater risk compared to working in the office, Chubb found in a new survey. Some are even using …

Chubb Appoints The Council’s Fielding as Government Affairs General Counsel

Insurer Chubb announced the appointment of John Fielding as senior vice president, general counsel, Global Government and Industry Affairs. In this role, Fielding will provide legal, regulatory and policy guidance and advice to Chubb’s state, federal and international government affairs …

Chubb Unveils Public-Private Program for Pandemic Business Interruption

Chubb unveiled a proposal for the insurance industry and federal government to partner on covering future pandemic-related business interruptions—and to get money to small businesses quickly—following through on an earlier promise from CEO Evan Greenberg. Documents shared with Carrier Management …

Global Insurers Pulled into Epicenter of COVID-19 Crisis, Firmly in Uncharted Territory

Roger Federer and Rafael Nadal locked in spell-binding battle. Paul McCartney sharing a stage with Kendrick Lamar and Taylor Swift. The long-awaited 32nd Olympic Games. The list of canned crowd-thrillers that were planned for the coming weeks isn’t just bad …

Brazil Reinsurer IRB Eyes Purchase of Foreign Competitors’ Portfolios: Sources

Brazilian reinsurer IRB Brasil Resseguros SA is in advanced negotiations to buy rivals’ portfolios in Brazil and elsewhere in Latin America as foreign competitors scale back in the region, two sources close to the company told Reuters. Any such acquisition …

Chubb Names McLaughlin Chief Underwriter for North America Retail Commercial

Chubb has appointed Michelle McLaughlin to be chief underwriting officer of its North America retail commercial property/casualty insurance division. In this capacity, McLaughlin will guide the business lines’ underwriting strategies and authority, as well as general underwriting management, for a …

Chubb’s McNab Joins QBE North America as Chief Human Resources Officer

Specialty Insurer QBE North America announced the appointment of Becket McNab as chief human resources officer. McNab will be responsible for all North America human resources activities, including driving the company’s focus on talent and culture. McNab joins QBE from …

Insurers Zurich and Chubb Raise Cover for Canada Oil Sands Pipeline: Filings

Major insurers Zurich and Chubb increased their insurance cover for a Canadian oil sands pipeline over the last year, Canadian regulatory filings show. The Trans Mountain pipeline, which ships types of crude oil and refined products to British Columbia from …