All the headlines from our Chubb Topic Page, ordered by recency.
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...
Dec 16 2008 // Standard & Poor’s Ratings Services announced that it has raised its counterparty credit rating on Warren, N.J.-based Chubb Corp. to ‘A+’ from ‘A’, “to reflect reduced notching...
Dec 16 2008 // Four insurance adjusters and three contractors were ordered to forfeit $248,000 after pleading guilty to kickbacks made possible by inflating insurance claims on properties in Manhattan, Brooklyn and Staten...
Nov 30 2008 // 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. Comparatively, those losses are...
Nov 17 2008 // Nearly three in five (58 percent) women business owners anticipate that their organizations’ revenues will grow in 2009, and nearly one-half (44 percent) do not expect difficulty in obtaining access to credit,...
Nov 11 2008 // More than four in 10 Americans are worried that the current economic environment can expose their families to crime, according to a nationwide survey of 1,000 people. Many survey respondents also indicated that economic...
Oct 28 2008 // Property/casualty insurers Travelers Cos. Inc. and Chubb Corp. said they do not need federal financial assistance and chided other insurers pushing to be included in the $700 billion bailout.“Most companies in the...
Oct 27 2008 // The nation’s seventh largest commercial lines insurer, CNA Financial Corp., reported a $331 million net loss for the third quarter chiefly due to catastrophe claims and investment losses and said it will receive...
Oct 24 2008 // Like many of its property/casualty competitors, Chubb Corp. saw its third quarter profit cut by investment losses and Hurricane Ike but the New Jersey-based insurer still emerged with $264 million in net income, $300...
Oct 20 2008 // Calabasas, Calif.-based Lionheart Insurance Services hired Pat Piccinonno and Joe Weckerle Jr. to head its newly opened Irvine, Calif., office.Piccinonno, appointed president, has 35 years of insurance management and...
Oct 6 2008 // Erie Insurance Group named Terrence W. Cavanaugh president and CEO, and an elected member of the firm’s board of directors.Cavanaugh joins Erie from Chubb Corp. where he most recently was senior vice president and...
Sep 24 2008 // Insurers Travelers Cos Inc and Chubb Corp will no longer issue surety bonds with American International Group Inc as a co-participant, according to insurance brokerage Marsh Inc.Surety contracts guarantee the performance...
Sep 22 2008 // The Des Plaines, Ill.-based the National Insurance Crime Bureau (NICB) announced that Robert M. “Bear” Bryant retired as NICB president and CEO, on Sept. 2, 2008.At NICB, Bryant was the force behind the...
Sep 22 2008 // Austin, Texas-based insurance education provider, The National Alliance for Insurance Education & Research, selected Kathleen G. Speer as director of national business for the not-for-profit organization. Prior to...
Sep 10 2008 // The Chubb Group announced that it has”expanded its multinational insurance group to encompass both Chubb’s standard P/C products and specialty coverage, such as directors and officers liability insurance.Chubb...