Latest Chubb Headlines

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

ACE Broadens Coverage for Contractor Equipment With New Alliance

Aug 20 2008 // The retail Inland Marine unit of ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, teamed up with National Equipment Register (NER), a provider of a national database of heavy equipment...

People

Aug 4 2008 // Narragansett Bay Insurance Co. of Pawtucket, Rhode Island has named Mark Talerico chief risk officer.Talerico will oversee Narragansett’s distribution of risk in homeowners insurance, and guide the insurers exposure...

People

Aug 4 2008 // Colemont Insurance Brokers promoted Matt Carpenter to assistant vice president in the company’s Chicago office.Carpenter joined Colemont in 2002, specializing in brokering casualty lines. His expertise has since...

People

Aug 4 2008 // Richard “Dick” Reynolds, former chairman and executive director of the Texas Workers’ Compensation Commission, was presented the Raymond Mauk Leadership Award at the Insurance Council of Texas’ 16th...

Survey: Private Firms More Exposed to Liability Risks, But Less Protected

Jul 30 2008 // More than one-third of U.S. businesses do not purchase any type of management or professional liability insurance. Yet, two out of three U.S. private companies have experienced some type of event related to management or...

Chubb: Patience and Promise in China

Jul 29 2008 // In the 20 years that Chubb Insurance has taken global branding seriously, China has presented the most interesting challenge.For Jan Tomlinson, establishing Chubb in China has been a test of patience and politics but with...

Chubb Q2 Premiums Flat; Cat Losses Adversely Impact Financial Results

Jul 25 2008 // Catastrophe losses in the second quarter adversely impacted financial results for The Chubb Corp., which reported net income in the second quarter of 2008 fell $213 million over the same time period in 2007, or $469...

Chubb: Lessons in Globalizing an Insurance Brand

Jul 24 2008 // Chubb Insurance, founded in 1882 in New York, today sells in 28 countries and has about 120 offices throughout North America, Europe, South America, and the Pacific Rim, serving its property and casualty customers.While...

Erie Insurance Appoints Chubb’s Cavanaugh as President, CEO

Jul 17 2008 // Erie Insurance Group has selected Terrence W. Cavanaugh as president and chief executive officer, effective July 29, at which time he will also be elected to the company’s board of directors.Cavanaugh joins Erie from...

Business Moves

Jul 7 2008 // U.S. Risk UnderwritersU.S. Risk Underwriters, a subsidiary of U.S. Risk Insurance Group, launched a new professional liability product for the medical tourism industry called MedTour Pro. Designed for medical tourism...

People

Jul 7 2008 // Richmond, Va.-based insurance broker Hilb Rogal & Hobbs Co. promoted F. Michael Crowley to president and chief operating officer.As president, Crowley has been responsible for HRH’s retail operations. In the...

ACE USA Launches Supplemental Property Coverage

Jun 20 2008 // Philadelphia-based ACE USA has introduced a new specialty insurance product that provides additional coverage for expenses and losses that stem from an insured’s property loss.Called ACE Supplemental Property, the...

Chubb Announces Executive Promotions

Jun 20 2008 // The Chubb Corp. announced the promotion of four executives.The insurer promoted John J. Degnan to vice chairman and chief operating officer. Degnan, a former attorney general of New Jersey who joined Chubb nearly 18 years...

Van Gilder Sells Colorado Springs Office To CB Insurance

Jun 9 2008 // Michael Van Gilder, CEO of Van Gilder Insurance Corp., and Steve Schneider, president of CB Insurance LLC, an affiliate of Central Bancorp, announced their firms have signed a letter of intent for the sale and purchase of...

Chubb Offers California Homeowners Extended Replacement Cost Settlement

May 27 2008 // Chubb is offering California homeowners extended replacement cost settlement after a total loss to a home, even if the customer chooses not to rebuild at their home’s original site. After a total loss to a home, the...

Chubb Executive Motamed to Become CEO for CNA in 2009

May 27 2008 // The Chubb Corp. reports that Thomas F. Motamed, vice chairman and chief operating officer, will retire from Chubb effective on June 6, 2008. Motamed has accepted the position of chairman and chief executive officer of CNA...

Chubb Establishes $1 Million Fund for Asia Disaster Relief

May 22 2008 // The Chubb Corp. said it has established a $1 million fund for disaster relief efforts related to the Myanmar cyclone and China earthquake. Chubb said it would contribute $500,000 directly to the American Red Cross for...

Chubb Offers Unlimited Replacement Coverage to Texas Homeowners

May 22 2008 // The Chubb Group of Insurance Companies announced it has broadened its homeowners coverage in Texas by introducing unlimited extended replacement cost coverage. In the event of a total covered loss, Chubb can pay to fully...

ACE USA Expands Professional Insurance Products to Public Officials

May 16 2008 // ACE USA reported that it has expanded its professional risk insurance product offerings to include a stand-alone, admitted (in 40 states) policy for elected and appointed officials at various levels of government.The ACE...

House Panel Hits Defense Department, Insurers Over War Zone Insurance Costs

May 16 2008 // A House committee looking into defense contractors has alleged that the Department of Defense (DoD) has been lax in its management such that insurance companies providing workers’ compensation for civilian employees...