Insurer Chubb Readies $350M Payout Tied to Baltimore Bridge Collapse May 2, 2024 Chubb, which had insured Baltimore’s Francis Scott Key Bridge, is getting ready to pay $350 million to the state of...
Chubb CEO Greenberg: Some Financial Lines Underwriting Practices ‘Simply Dumb’ April 25, 2024 By Chad Hemenway According to Chubb CEO Evan G. Greenberg, the insurance industry’s underwriting practices for a number of financial lines are “simply...
Chubb Records 13.3% Uptick in Q1 Net Income on Underwriting April 23, 2024 By Chad Hemenway Chubb started 2024 off with first quarter net income up 13.3%, compared to the same time a year ago, to...
Chubb to Acquire MGA Healthy Paws From Aon April 23, 2024 Chubb said it is acquiring managing general agent Healthy Paws from Aon plc. Whitehouse Station, New Jersey-based Chubb has been...
People Moves: Chubb Names Scheffler COO of Personal Risk Services; AXIS Appoints Morley Head of US E&O April 19, 2024 Chubb said it has promoted Melissa Scheffler to chief operating officer of Personal Risk Services (PRS). Currently, Scheffler serves as...
Viewpoint: Striking Risk-Reward Balance for Shipping Lithium-Ion Batteries April 10, 2024 By William Moore Executive Summary: While the advancement of technology in electric vehicles and other lithium-ion powered goods facilitates energy transition from fossil...
Trump $175 Million Bond Arranged by Billionaire Supporter’s Firm April 2, 2024 By Erik Larson A billionaire Donald Trump supporter whose California company is known for subprime auto loans offered to arrange the former president’s...
How Do Insurers Define Systemic Cyber Risk? April 2, 2024 By Elizabeth Blosfield Systemic cyber risk is being discussed as a growing concern for insurers as technology advances and interconnectivity increases, but how...
Xi Says US CEOs Should Invest in China, Economy Hasn’t Peaked April 1, 2024 By Bloomberg News President Xi Jinping met with a group of American business leaders in Beijing including Blackstone Inc.’s Stephen Schwarzman and Qualcomm...
5th Circuit: Chubb Must Cover SXSW in Suit Over Cancelled 2020 Festival March 26, 2024 By Ezra Amacher The 5th Circuit Court of Appeals ruled last week that Chubb must cover restitution claims paid to ticket holders of...