Latest Chubb Headlines

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

ACE USA Restructures Global Property Division

Dec 6 2012 // ACE USA, the U.S.-based retail operating division of The ACE Group, has reorganized its Global Property division to now include three property insurance units designed to serve the needs of domestic and multinational...

People – Midwest

Nov 19 2012 // Republican and incumbent Commissioner Adam Hamm will continue to lead the North Dakota Department of Insurance after winning re-election against his Democrat challenger Tom Potter.Hamm received just over 63 percent of the...

Chubb Suspends Stock Buyback as It Counts Sandy Losses

Nov 13 2012 // Property/casualty insurer Chubb Corp. suspended its stock buyback program, because it has not yet been able to determine what its total costs related to Superstorm Sandy will be.The Warren, N.J.-based company is considered...

Chubb’s Q3 Profit Jumps 79%

Nov 5 2012 // The Chubb Corp. reported $533 million net profit for its third quarter, up 78.8 percent from $298 million reported during the same period one year ago.The quarterly results, released on Oct. 25, got a boost from...

Chubb’s Q3 Profit Jumps 79%; Commercial Renewal Rates Up 8%

Oct 26 2012 // The Chubb Corp. reported $533 million net profit for its third quarter, up 78.8 percent from $298 million reported during the same period one year ago.The quarterly results got a boost from significantly lower catastrophe...

ACE USA Selects Kinsella to Lead Midwest Region

Oct 24 2012 // Kelley Kinsella has been appointed senior vice president and regional executive officer for ACE USA’s Midwest Region.Kinsella will be responsible for setting and driving overall strategy for the region, which...

ACE Group Names UK, Ireland Region Promotions

Oct 22 2012 // ACE Group announced a series of appointments within its UK and Ireland region.Graeme McGeachie, London and South East corporate P&C underwriting manager, has been promoted to the position of London and South East...

People – East

Oct 22 2012 // Zurich in North America (ZNA) appointed Dalynn Hoch as its new chief financial officer. She is based in Zurich’s North American headquarters in Schaumburg, Ill. Hoch succeeds Vibhu Sharma who has been appointed to...

ACE USA’s Excess Casualty Unit Expands Catastrophe Management Coverage

Oct 15 2012 // ACE USA, the U.S.-based retail operations of the ACE Group, has expanded its catastrophe management insurance products with the introduction of the ACE Cat Management 2.5 endorsement by its ACE Excess Casualty Unit. This...

ACE USA Appoints Executive Officer for Northeast Region

Oct 12 2012 // ACE USA, the U.S.-based retail operations of the ACE Group, appointed Mitchell Schmidt as senior vice president and regional executive officer for ACE USA’s Northeast region.Schmidt will be based in Boston, and will...

ACE USA Expands Health, Managed Care Privacy Protection

Oct 7 2012 // ACE USA, the U.S.-based retail operations of the ACE Group, has introduced the privacy and network security liability endorsement to both the healthcare facilities and managed care organization policies. This endorsement...

ACE USA, GMG Underwriters to Offer Enhanced K&R Coverage

Sep 26 2012 // ACE USA has collaborated with GMG Underwriters, LLC, a specialist in kidnap & ransom coverages and services, to expand the growth of its underwriting platform. The stand-alone kidnap & extortion coverage offering...

How Agents and Carriers Can Find Gold in Personal Lines

Sep 19 2012 // Independent agents and their companies have over the years been beaten in the personal lines market by direct response carriers and captive agents.But being down so long means there is plenty of room for independent agents...

ACE Adds Chemical Withdrawal Expense Endorsement to Ace PaC Form

Sep 13 2012 // ACE USA, the U.S-.based retail operations of the ACE Group, has expanded coverage for buyers of its combined general liability and pollution policy form—ACE PaC—designed for mid-sized clients in the chemical industry...

Tapping the High Net Worth Market

Sep 10 2012 // Independent agents and their companies have over the years been beaten in the personal lines market by direct response carriers and captive agents.But being down so long means there is plenty of room for independent agents...

Chubb Launches Insurance Product for Health Care Fraud, Data Breaches

Aug 28 2012 // The Chubb Group of Insurance Cos. has introduced insurance coverage to help small to mid-size health care organizations manage some of their biggest exposures.ForeFront Portfolio 3.0 for Health Care Organizations offers...

ACE USA Names EVP for Medical Risk, Life Sciences Unit in N.J.

Aug 14 2012 // ACE USA, the U.S.-based retail operating division of the ACE Group, has appointed Caroline Clouser as executive vice president of the medical risk and life sciences business. She will be based in New Jersey.In this...

Chubb Profit Slightly Down; U.S. Commercial Renewal Rate Hike 9% in Q2

Jul 27 2012 // The Chubb Corp. reported $404 million profit for its second quarter, declining 3.6 percent from $419 million reported a year earlier.The results were hampered by weaker investment results and significant catastrophe...

ACE Expands Catastrophe Management Services for Environmental Risks

Jul 13 2012 // ACE USA, the U.S.-based retail operations of the ACE Group, has expanded its environmental risk insurance products to add catastrophe management coverage. In addition to coverage for standard remediation services included...

Chubb, Willis Executives Join Aon Risk Solutions in New York

Jul 11 2012 // Aon Risk Solutions, the global risk management business of Aon plc, recently hired Edward Reilly and Joseph Russo as senior vice presidents in the construction services group.Edward Reilly, left, and Joseph Russo recently...