ACE Takes 24% Stake in CoverHound’s Online Commercial Insurance Plans September 22, 2015 By Don Jergler CoverHound has raised $33.3 million in a financing round led by ACE Group, which the company plans to use to...
AIG Focuses on Integrating Japan Businesses, Rather Than Additional M&As August 5, 2015 By Sonali Basak American International Group Inc. plans to sit out the unprecedented wave of insurance industry deal-making and instead focus on integrating...
ACE Q2 Profit Climbs in First Earnings Report After Chubb Announcement July 22, 2015 By Sonali Basak ACE Ltd., the insurer that agreed this month to acquire Chubb Corp., said second-quarter profit rose 21 percent as policy...
Update: AXIS Capital, PartnerRe Sweeten Deal with Higher Special Dividend July 16, 2015 By Ankur Banerjee and Sudarshan Varadhan Specialty insurer and reinsurer AXIS Capital Holdings Ltd and PartnerRe Ltd agreed to sweeten the terms of their merger agreement...
WKFC Launches Miscellaneous Professional Liability Program October 28, 2013 Ryan Specialty Group’s WKFC has launched a miscellaneous professional liability program with the Chubb Group of Insurance Cos. (Chubb). The...
Chubb Estimates Q2 Catastrophe Losses at $240M July 10, 2013 The Chubb Corp. estimates that catastrophe losses in the second quarter will be approximately $240 million before tax, or $156...
N.Y. Reaches Reform Agreements With 4 Additional ‘Force-Placed’ Insurers June 3, 2013 New York officials announced that the state’s “force-placed” insurance reforms will now cover 100 percent of the New York market...
Tiny Southern California Agency Earns B Corp Status May 28, 2013 By Don Jergler Merely bringing your A-game may not be enough to entice certain companies to give you their business, especially those who...
Chubb Estimates $570 Million Net Loss From Superstorm Sandy December 12, 2012 The Chubb Corporation announced it estimates its losses from Sandy to be approximately $880 million before tax — or $570...
Chubb Profit Slightly Down; U.S. Commercial Renewal Rate Hike 9% in Q2 July 27, 2012 The Chubb Corp. reported $404 million profit for its second quarter, declining 3.6 percent from $419 million reported a year...