Latest Chubb Headlines

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

Chubb Expects Up to $240 Million in Q2 Catastrophe Losses

Jul 11 2012 // The Chubb Corp. expects to report $200 million to $240 million in catastrophe losses for the second quarter, before taxes, due to severe hail and wind storms in the U.S., the insurer said on Tuesday. The charges amount to...

RLI, Chubb Among Top P/C Performers: SNL

Jul 2 2012 // RLI Corp. tops the list of property/casualty commercial lines carriers ranked by financial performance for the 12 months ending March 31, based on a review by SNL.RLI beat out Chubb, Dorinco Reinsurance and Argo Group for...

Public Companies Underestimate Risk of D&O Lawsuit: Survey

Jul 2 2012 // Despite the odds that public companies and their directors will be sued in the next 12 months, a new Chubb Public Company Risk Survey has found that more than 80 percent believe this is unlikely.“This general lack of...

People – East

Jul 2 2012 // New Jersey Manufacturers Insurance Company has promoted Treasurer Charles Prall to chief financial officer. He will also serve on the insurer’s board of directors. Being named to the CFO position is an enhancement of...

ACE Launches New Stand-Alone Product Recall Insurance Unit

Jun 29 2012 // ACE Westchester, the U.S.-based wholesale-focused insurance division of the ACE Group, has introduced a new stand-alone product recall underwriting unit, which will deliver insurance products to respond to the increased...

ACE USA Names Senior VP of Distribution Management in New York

Jun 27 2012 // ACE USA, the U.S.-based retail operating division of the ACE Group, has appointed Teresa Black as senior vice president of distribution management. Black returns to ACE in this new role, and will work collaboratively with...

ACE USA Expands International Advantage Coverage

Jun 26 2012 // ACE USA has expanded its International Advantage product to offer enhanced coverages for the risks faced by professional services employees doing business overseas. Three foreign package offerings designed for accountants...

Chubb Expands Wildfire Defense Services in Texas

Jun 20 2012 // The Chubb Group of Insurance Cos. has expanded its Wildfire Defense Services to most of Texas less than a year after the state experienced its worst wildfire season on record.The free loss-prevention service is now...

Public Companies Underestimate Risk of Directors and Officers Lawsuit: Survey

Jun 18 2012 // Public company executives may be in for a surprise lawsuit. Despite the odds that they and their directors will be sued in the next 12 months, a new Chubb Public Company Risk Survey has found that more than 80 percent...

Chubb Adds Covert Shipment Tracking to Suite of Security Services

Jun 14 2012 // The Chubb Group of Insurance Companies and FreightWatch International are teaming up against record-high levels of cargo theft. FreightWatch, which reported an 8.3 percent increase in the number of cargo thefts last year,...

ACE USA Enhances International Casualty Coverage

May 25 2012 // ACE USA, the U.S.-based retail operations of the ACE Group, has enhanced its international casualty coverage, ACE ATLAS CMP. The coverage is specifically designed to provide coverage for U.S.-based multinational...

People – East

May 21 2012 // Guy Carpenter & Co. LLC, a global risk and reinsurance intermediary division of N.Y.-headquartered Marsh & McLennan Companies, appointed Andrew Marcell as chief executive officer of U.S. operations and Pete...

ACE Westchester Appoints VP in New York

May 8 2012 // ACE Westchester, the U.S.-based wholesale-focused insurance division of the ACE Group, appointed Richard Luca as vice president of management liability for its professional risk division. He is based in the greater New...

ACE Adds Preferred Securities Panel Option to D&O Policies

May 7 2012 // ACE USA, the U.S.-based retail operating division of the ACE Group, has enhanced its directors & officers liability policy with a non-mandatory panel counsel option. The ACE Preferred Securities Panel consists of law...

Chubb Posts $506M Q1 Income, Bigger Underwriting Profit

May 7 2012 // The Chubb Corporation reported $506 million in net income for the 2012 first quarter, down slightly — 0.59% — from $509 million income reported one year ago.The insurer’s underwriting profit improved...

CEOs Remain Bullish on Firming Rates

May 7 2012 // The 2012 first-quarter corporate earnings season is in a full swing — and that gives us a valuable opportunity to listen to top insurance CEOs and their perspective on pricing.The Travelers Companies CEO Jay Fishman...

ACE USA Enhances Hospice Insurance Products

Apr 27 2012 // ACE USA’s ACE Medical Risk Division now offers an endorsement for hospice care eligibility requirements. This new enhanced hospice care eligibility recertification endorsement serves as an amendment to ACE’s...

Best Affirms Chubb Corp. and Subs ‘A++’ Ratings

Apr 23 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of the Chubb Group of Insurance Companies and its property/casualty...

Chubb: $506M Q1 Income, Business Insurance Renewal Prices Edge Up

Apr 19 2012 // The Chubb Corporation reported $506 million in net income for the 2012 first quarter, down slightly — 0.59% — from $509 million income reported one year ago.The insurer’s underwriting profit improved...

ACE USA, RPS Healthcare Expand E&O Coverage for Podiatrists

Apr 16 2012 // ACE USA’s ACE Medical Risk Division now offers increased reimbursement limits for legal expenses incurred because of an action by a federal or state agency arising from a podiatrist’s participation in the...