Latest Chubb Headlines

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

Chubb Unveils Package Insurance Policy for Apartment, Co-op, Condo Risks

Jun 21 2011 // A new commercial multi-peril package policy from the Chubb Group of Insurance Cos. will provide apartment building owners and co-op and condominium associations with a package of property, casualty, workers compensation,...

Surety & Fidelity Association Elects Chubb’s Vispoli as Chair

May 11 2011 // The Surety & Fidelity Association of America has elected Tracey Vispoli, senior vice president, Chubb Group of Insurance Companies, as chair of the board for 2011-2012.Vispoli is the global manager for Chubb’s...

EEOC Settles Wisconsin Discrimination Complaint with Chubb

May 6 2011 // A federal agency says a New Jersey insurance company will pay $110,000 to settle allegations of racial discrimination at its Milwaukee office.The U.S. Equal Employment Opportunity Commission announced the agreement on May...

Terrorism Risks Lead Professionals to Refuse Business Trips

May 5 2011 // Growing concerns over worldwide terrorism have caused some professionals to refuse going on business trips.Half of all respondents to a new survey reported they would refuse a business trip because of concerns related to...

Survey: Businesses Not Doing Enough to Protect Against Discrimination, ID Theft

May 2 2011 // Nearly a third of Americans report that businesses are not doing enough to protect them from workplace discrimination and identity theft.A recent survey by the Chubb Group of Insurance Cos. found that one in three people...

Chubb Adds Pet Injury Coverage, Other Enhancements to Auto Policy

Mar 17 2011 // The Chubb Group of Insurance Cos. is adding up to $2,000 in coverage to its automobile policy for pets injured or killed in a crash or other covered loss. The policy will help pay to treat, board or replace domestic pets,...

ACE USA Reorganizes Medical Risk Business

Mar 11 2011 // ACE USA, the U.S.-based retail operating division of the ACE Group, is reorganizing its medical liability group into two operating units, ACE Medical Risk and ACE Life Sciences. These two units will serve the unique...

Chubb Launches E&O, GL Insurance Policy for Life Sciences Firms

Mar 1 2011 // The Chubb Group of Insurance Companies is offering newerrors and omissions (E&O) and general liability insurance policies to address risks faced by life sciences companies.Chubb’s general liability policy,...

ACE USA Appoints Hurley, Kubursi in New York Region

Feb 24 2011 // ACE USA, the U.S.-based retail operating division of the ACE Group, has appointed Andrew Hurley as chief operating officer of its New York region. In this new role, Hurley will assist in executing the regional business...

Ratings Roundup: Westchester Fire, Middle Georgia

Feb 16 2011 // A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of New York-based Westchester Fire Insurance Company (WFIC) and assigned an...

Jewelers unBLOCKed to Offer Jewelers Block Insurance from Chubb

Feb 11 2011 // CED 1976, LLC, will be the exclusive provider of underwriting and policy servicing for a new jewelers block insurance program from the Chubb Group of Insurance Companies. The program will be offered country wide to...

Chubb Reports Q4, 2010 Results; Expects Australia Flood Losses

Jan 28 2011 // The Chubb Corp. reported that net income in the fourth quarter of 2010 was $620 million, compared to $695 million in the fourth quarter of 2009. For the year ended Dec. 31, 2010, net income was $2.2 billion, the same as in...

ACE Group Appoints Hager to Head Japan P&C, A&H Business

Jan 27 2011 // The ACE Group announced that Jeffery Hager has been appointed Regional President, ACE Far East, responsible for ACE’s property and casualty (P&C) and accident and health (A&H) insurance businesses in Japan.He...

Washington Fines Six Chubb Subsidiaries $534,000

Jan 25 2011 // Washington State Insurance Commissioner Mike Kreidler has ordered six subsidiaries of Chubb & Son to pay a $534,000 fine for violating state insurance laws.Federal Insurance Co., Pacific Indemnity Co., Great Northern...

Chubb Receives Final Approval for China Branch in Nanjing

Dec 16 2010 // The Chubb Corporation announced that the China Insurance Regulatory Commission (CIRC) has granted final approval to Chubb Insurance (China) Company Limited, an indirect wholly owned subsidiary, to establish a branch in...

ACE USA Appoints Mattheessen, Vest to Leadership Positions in Texas

Dec 14 2010 // ACE USA, the U.S.-based retail operating division of the ACE Group, has appointed Keith Mattheessen as senior vice president for ACE Risk Management’s (ARM) Houston region, and Laura Vest as senior vice president and...

Retiring Chubb COO to Remain as Consultant

Dec 13 2010 // Chubb has inked a consulting agreement with retiring COO and Vice Chairman John Degnan, who will stay on next year as a senior adviser to the New Jersey-based insurer. Degnan, who is set to retire at the end of the month,...

Chubb Program Expedites Clinical Trials in Czech Rep., Hungary, Portugal

Dec 8 2010 // The Chubb Group of Insurance Companies announced that it has added the Czech Republic, Hungary and Portugal to its WORLDcert program, a proprietary online system that instantly generates certificates of insurance in 152...

People

Dec 5 2010 // Aon Corp. reported that Andrew Appel, the firm’s chief operating officer, will be leaving the company at the end of the year. The company said there are no plans to fill the position upon Appel’s...

People

Dec 5 2010 // Frost Insurance in Austin, Texas promoted Sheri Smyth to vice president of personal lines. Smyth, a 23-year insurance industry veteran, manages the personal lines department’s growth and retention efforts, and...