All the headlines from our Chubb Topic Page, ordered by recency.
Jul 24 2009 // U.S. property/casualty insurer Chubb Corp posted a higher quarterly profit on Thursday, beating Wall Street expectations, as investment gains and lower underwriting losses offset declining policy sales.Second-quarter net...
Jul 6 2009 // A new study claims that merging 10 Westchester County fire departments could save New York homeowners and businesses about $47 million a year in fire insurance premiums alone while delivering better service.The Pace...
Jun 17 2009 // The Chubb Group of Insurance Companies has updated its “Loss Prevention Guidelines for Independent Directors” handbook.“Shrinking company profits and stock price fluctuations are exposing independent...
Jun 2 2009 // Philadelphia-based ACE Westchester said Roger Murphy will spearhead the launch of the company’s new coverage line.for hazardous material and hazardous waste transporters. The coverage includes a capacity up to $5...
May 21 2009 // The Chubb Group of Insurance Cos. named Stuart A. Spencer as chief operating officer of Worldwide Accident & Health, effective June 1. He will report to Andrew A. McElwee Jr., executive vice president of Chubb &...
May 21 2009 // ACE Limited announced that Brian Dowd, currently CEO, Insurance – North America, has been named to the additional position of Vice Chairman, ACE Limited and ACE Group Holdings.“In addition to his current...
May 8 2009 // As the wildfire in Santa Barbara, CA, expands in scope and intensity, the Chubb Group of Insurance Companies has stepped up measures to help protect its homeowners insurance customers’ properties. Earlier this week,...
Apr 24 2009 // High-end property/casualty insurer Chubb Corp. said Thursday that earnings fell in the first quarter, hit by losses on fund investments and declining policy sales.Chief Executive John Finnegan said the “difficult...
Apr 15 2009 // ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, launched ACE Green CPLSM , a contractors pollution liability program.The new program will help address the growing risks and potential...
Apr 15 2009 // Chubb Personal Insurance has notified its agents it is no longer including wind coverage in Masterpiece homeowners insurance policies for new customers in 14 Southeast and Southwest coastal counties in Florida.The insurer,...
Apr 3 2009 // The Association of Professional Insurance Women Inc. (APIW) has selected Chubb Group Executive Vice President Janice Tomlinson as its “Insurance Woman of the Year.”Tomlinson, who has been employed by Chubb...
Mar 11 2009 // A bulletin from the Chubb Corp. notes that “as pirates increasingly target cargo vessels in the Gulf of Aden, owners are struggling to pay escalating ransom demands—putting their crews at risk, an insurance...
Mar 4 2009 // A group of 10 workers from a Chubb Insurance office in New Jersey are winners of a $216 million Mega Millions lottery.The news, first reported by CBS2-TV news this morning, was confirmed with Chubb by Insurance Journal....
Feb 26 2009 // A New Jersey insurance company agreed Tuesday to pay just over $239,000 to settle allegations that it offered improper incentives to a Boston-based brokerage firm.Massachusetts Attorney General Martha Coakley’s...
Feb 24 2009 // If a home is damaged or destroyed, homeowners may want to rebuild with green materials and processes, but the additional cost can be prohibitive. Now, homeowners can obtain insurance through the Chubb Group of Insurance...
Feb 3 2009 // The Chubb Group of Insurance Cos. has broadened its employment practices liability (EPL) coverage by offering a solution for companies concerned about late claim reporting of Equal Employment Opportunity Commission...
Jan 30 2009 // Fourth quarter profits at Warren, New Jersey-based The Chubb Corp. fell 37 percent to $407 million from $650 million in the same quarter last year.For the full year, net income was down 36 percent to $1.8 billion from $2.8...
Jan 11 2009 // Industry analysts are predicting insured losses from the Freeway Complex, Sayre and Tea Fires that burned Southern California in mid-November will range from $600 million to $800 million, as of estimates gathered in early...
Dec 29 2008 // 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 P/C members.Best also affirmed the ICR...
Dec 17 2008 // “Faced with increased risks from the global financial downturn, Chinese companies should strengthen their loss prevention and risk management techniques,” concludes an analysis presented by Chubb Corp. at a...