All the headlines from our Chubb Topic Page, ordered by recency.
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...
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...
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...
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...
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...
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...
May 8 2008 // Standard & Poor’s Ratings Services has raised its counterparty credit and financial strength ratings on California Automobile Insurance Co. (California Auto) to ‘A+’ from ‘A’. S&P...
Apr 28 2008 // Chubb Corp, one of the largest U.S. business insurers, said that earnings fell 6.5 percent in the first quarter, as the value of policy sales fell moderately.The Warren, New Jersey-based insurer posted net income of $664...
Apr 15 2008 // Federal Insurance Company, a member of the Chubb Group, has applied for a license to operate as an admitted reinsurer in Brazil with a representative office in São Paulo.Chubb Senior Vice-president Herman Weiss, Latin...
Mar 18 2008 // Abacus Insurance Brokers, Inc., a Los Angeles-based program manager that distributes specialty insurance products online through abacus.net, has named ACE USA as its package carrier for the Abacus Foreign Event Program....
Mar 10 2008 // The Oscars may be over, but film producers are still on the job looking for new and better ways to create good movies. A new film producers’ risk policy from the Chubb Group of Insurance Cos. addresses the enormous...
Mar 10 2008 // Insurance professionals gathered in the oak-paneled Old Library of Lloyd’s of London this past December to learn more about a risk that the institution’s 17th century founders could never have dreamed of —...
Mar 10 2008 // Many urban and suburban areas are made more distinctive thanks to the historic homes nestled in their neighborhoods. Keeping history alive through these special homes is not always easy. With a slowing economy, owners find...
Feb 28 2008 // The Oscars may be over, but film producers are still on the job looking for new and better ways to create good movies. A new film producers’ risk policy from the Chubb Group of Insurance Cos. addresses the enormous...
Feb 22 2008 // Chubb Corp. has taken the opportunity afforded by the latest thefts of high profile paintings, to offer some new coverage and advice on how to cope with potential ownership disputes involving art works.Chubb, an important...
Feb 22 2008 // The Chubb Group of Insurance Companies has expanded its marine offerings with the addition of international hull insurance.“The move follows Chubb’s recent appointment of two veteran hull underwriters in...
Feb 12 2008 // It took a new state law but the Chubb Group of Insurance Companies has begun to offer coverage for home invasions, child abductions, car jackings and stalking threats as part of its homeowners policies sold in New York...
Jan 31 2008 // The Chubb Group of Insurance Companies has joined the American Council On Renewable Energy and the U.S. Green Building Council.Peter Thompson, vice president, Chubb & Son, and worldwide energy manager for Chubb...
Jan 30 2008 // The Chubb Corp. reported that net income in the fourth quarter of 2007 was $650 million or $1.68 per share, compared to $654 million or $1.56 per share in the fourth quarter of 2006.Operating income increased to $620...
Dec 21 2007 // Massachusetts officials say they have won a $4 million judgment against a large Boston-based insurance broker over questionable compensation and reinsurance practices.Attorney General Martha Coakley’s office reported...