All the headlines from our Chubb Topic Page, ordered by recency.
May 10 2007 // Standard & Poor’s Ratings Services has assigned its “A” rating to Chubb Corp.’s $800 million, 30-year senior debt drawdown from its universal shelf filing dated March 26, 2007. A.M. Best Co....
Apr 30 2007 // In response to changes in insurance regulations and more stringent corporate governance requirements worldwide, the Chubb Group of Insurance Companies has introduced a Difference in Limits/Difference in Conditions...
Apr 24 2007 // The Chubb Corp. reported that net income in the first quarter of 2007 was $710 million or $1.71 per share, compared to $672 million or $1.58 per share in the first quarter of 2006.Operating income, which the company...
Apr 23 2007 // The Hartford, Berkshire Hathaway, First StateThe Hartford Financial Services Group Inc. announced that its First State Management Group has formed a strategic relationship with certain members of the Berkshire Hathaway...
Apr 10 2007 // New York-based C.V. Starr & Co. has created a facility to underwrite project specific liability coverage in the residential construction business. The facility will provide coverage excess of a minimum retention of...
Apr 5 2007 // The Chubb Group of Insurance Companies says it was recently the subject of some “confusing media reports about the company’s willingness to insure blogs” originated by law firms.According to James L....
Apr 3 2007 // Howard Stone, president of Gray-Stone & Co. based in Thousand Oaks, Calif., announced that the company will be representing a full line of commercial products from Chubb Group of Companies. Gray-Stone began business...
Mar 15 2007 // Complementing its existing areas of specialty businesses, C. V. Starr & Co., Inc. has organized a global accident and health company.To be headquartered in Greenwich, Conn., Starr Global Accident & Health...
Mar 12 2007 // Incentive pay plans for agents that some insurers are implementing to replace discontinued contingency compensation could work out better for agents than the programs they are replacing.A handful of major carriers banned...
Mar 12 2007 // Incentive pay plans for agents that some insurers are implementing to replace discontinued contingency compensation could work out better for agents than the programs they are replacing.A handful of major carriers banned...
Feb 23 2007 // The state has agreed to accept $175,000 from an insurance company to settle a lawsuit against a charitable organization accused of misspending money.Indiana Attorney General Steve Carter announced this week that the state...
Feb 22 2007 // From describing their practices to offering legal advice over the Internet, e-lawyering has created new ethical and legal risks, according to underwriters at the Chubb Group of Insurance Companies.Chubb has introduced a...
Feb 12 2007 // D&O for Small Public Cos. Nuts & Bolts: The Chubb Group of Insurance Companies has introduced specialized directors and officers (D&O) liability insurance for publicly traded companies with market...
Feb 5 2007 // Fitch Ratings upgraded the senior debt ratings of ACE Limited and its subsidiary ACE INA Holdings Inc. to “A” from “A-” and the issuer default ratings (IDR) of ACE and ACE INA to “A+”...
Jan 10 2007 // The Chubb Group of Insurance Companies has introduced specialized directors and officers (D&O) liability insurance for publicly traded companies with market capitalizations of $100 million or less. These...
Jan 9 2007 // ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, has launched the second in an occasional series of audio “podcasts,” or Internet-distributed audio programs, discussing selected...
Jan 8 2007 // The Chubb Corp. entered into a settlement agreement with the Attorneys General of New York, Connecticut and Illinois to resolve an investigation of customer steering, improper finite reinsurance transactions, and other...
Jan 7 2007 // The Chubb Corp. entered into a settlement agreement with the Attorneys General of New York, Connecticut and Illinois to resolve an investigation of customer steering, improper finite reinsurance transactions, and other...
Jan 4 2007 // The St. Paul Travelers insurance company has agreed to stop paying “contingent commissions” to brokers and agents, according to Connecticut Attorney General Richard Blumenthal.In August, St. Paul Travelers,...
Dec 25 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...