Latest Chubb Headlines

All the headlines from our Chubb Topic Page, ordered by recency.

Chubb CEO Greenberg Warns Retroactive Measures Would ‘Bankrupt’ Insurance Industry

Apr 16 2020 // Chubb Ltd. Chief Executive Officer Evan Greenberg has a stark warning for policy makers pushing insurers to pay out some uncovered business-interruption losses.“The insurance industry is a fundamental part of the...

Auto Insurers Offering $8-$10B in Discounts in Coronavirus Relief Effort; Updated List

Apr 13 2020 // The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers.State...

Chubb Vows No Layoffs During Coronavirus Crisis; Pledges $10 Million to Relief Efforts

Apr 6 2020 // Global insurer Chubb announced that it will not conduct any layoffs among its 33,000 employees while in the midst of the COVID-19 pandemic health crisis.The insurer has also pledged to give $10 million to pandemic relief...

Chubb Investigating Possible Cyber Attack; Says Network Unaffected

Mar 27 2020 // Chubb confirmed that is looking into a possible hack attack, though a spokesperson said the insurance giant’s network appears at this point to be unaffected.“We are currently investigating a computer security...

Homeowners Fail to Protect Against Water Damage, Most Common Property Claim: Chubb

Mar 9 2020 // There continues to be a disconnect between homeowner beliefs and behaviors, especially when it comes to protecting against the most common source of property-related damage: water.That’s according to the annual Chubb...

Chubb Names Buonpane as Construction Industry Practice Leader in New York

Mar 3 2020 // Chubb has named Stephen Buonpane as Construction Industry Practice leader for its large account segment. He succeeds Bill Hazelton who was recently named head of Chubb North America Claims.In this capacity, he will oversee...

Chubb Enhances North American Claims Leadership with Hazelton, Watt

Mar 3 2020 // Chubb has expanded its North America claims leadership team with two appointments: Bill Hazelton has been named head of Chubb North America Claims, and Megan Watt has been appointed to a newly created leadership role, head...

BHSI Expands Team in Spain, Tapping Lovera from Chubb, RSA’s Sanchez

Feb 26 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced two appointments in Spain, naming Alejandro Lovera as head of Executive and Professional Lines and Silvia Sanchez as head of Operations.Lovera has spent nearly 15...

Update: AXA Appoints Chubb’s Gunter as CEO of AXA XL, Replacing Hendrick

Feb 20 2020 // AXA announced the appointment of Scott Gunter as chief executive officer of AXA XL. He will replace Greg Hendrick, who has decided to pursue other opportunities outside the group.Gunter was previously senior vice president...

Chubb Expands Incident Reporting Tool to Excess Casualty Clients

Feb 18 2020 // Chubb has expanded access of its Incident Alert tool to its Excess Casualty clients during catastrophic events.The tool, which has previously been used by Chubb environmental and cyber customers, now can assist Excess...

Chubb Closes Out 2019 with Strongest Growth in Years

Feb 6 2020 // Chubb has plenty to celebrate about its 2019 fourth quarter. The global insurer enjoyed a large jump in net income due mostly to rate hikes and property/casualty underwriting gains.Chubb’s catastrophe losses also...

Chubb Launches Non Damage Terrorism Product for Businesses

Feb 4 2020 // Chubb has launched an insurance coverage aimed at bridging gaps in traditional terrorism business interruption policies.Chubb’s Non Damage Terrorism Solutions is a single policy offering non damage business...

Collapsed Cave Not a Covered ‘Building’ Under Policy, Appeals Court Says

Jan 31 2020 // Interstate Underground Warehouse & Storage operates more than 3 million square feet of storage space inside a cave that was once a limestone mine just outside of Kansas City, Mo.The company’s website touts the...

Chubb Names Côté as Head of Major Accts, Europe; Brionne as France Country President

Jan 16 2020 // Chubb announced a series of changes to its European leadership team: a new head of Major Accounts for Europe; a new country president for France and a new director of Accident & Health Continental Europe.Nadia Côté...

Why It’s Not So Easy Getting Insurers to Defend in Sexual Harassment Cases

Jan 13 2020 // While Harvey Weinstein’s insurers have reportedly agreed to pay $47 million to settle civil suits against the movie producer, most policyholders should prepare for an epic legal battle just to get their insurers to...

Insurance Journal’s Top 10 Cyber Risk Stories of 2019

Jan 7 2020 // Cyber risks were cited as the top concern among businesses of all sizes in 2019, according to a Travelers report released in October.Of the 1,200 business leaders who participated in an insurer-sponsored survey, 55% said...

It’s Not Easy Getting Insurers to Defend in Sexual Harassment Cases

Dec 24 2019 // While Harvey Weinstein’s insurers have reportedly agreed to pay $47 million to settle civil suits against the movie producer, most policyholders should prepare for an epic legal battle just to get their insurers to...

Chubb Launches Financial Institution Fidelity Bond for Asset Managers

Dec 19 2019 // Chubb has introduced a new fidelity insurance product, the Financial Institution Bond for Asset Managers, to address risks faced by today’s asset managers. The financial fidelity bond provides modernized coverage for...

Chubb Becomes First P/C Insurer to Invest in African Trade Insurance Agency

Dec 10 2019 // Global insurer Chubb has made a $10 million equity investment the African Trade Insurance Agency (ATI), becoming the first global property/casualty insurance company to become a shareholder in the African multilateral...

Chubb Names North America Commercial Lines Leadership: Rockwell, Williamson, Wells

Dec 9 2019 // Global insurer Chubb announced leadership appointments for North America Commercial Insurance, the company’s $5.8 billion retail commercial property/casualty insurance division that serves middle market and small...