Latest Chubb Headlines

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

Biotech Group Renews Endorsement of Chubb Life Sciences Program

Mar 14 2006 // The Biotechnology Industry Organization (BIO) has renewed its endorsement of the Chubb Group of Insurance Companies’ life sciences program. BIO first endorsed Chubb’s general property and casualty insurance for...

Stevens Named Branch Manager of ACE USA in Tampa, Fla.

Mar 3 2006 // Tony Stevens has been named branch manager of the Tampa, Fla. office of ACE USA of Philadelphia, Pa., the U.S.-based operating division of the ACE Group of Companies. In this newly-created position, Stevens will work...

Survey Reports Katrina Doesn’t Move Many Homeowners to Protect Their Investment

Mar 2 2006 // Despite Hurricane Katrina’s devastation, a new survey says that most Americans are not very concerned about buying flood insurance for their homes.Only 14 percent of Americans say they have purchased flood insurance...

Best Affirms FSR for Chubb

Mar 2 2006 // A.M. Best Co. has affirmed the financial strength rating (FSR) of A++ (Superior) of the property/casualty subsidiaries of The Chubb Corporation (Chubb) and has affirmed the issuer credit ratings (ICR) of “aa-”...

Survey of Agents Finds No Immediate Crisis in N.Y. Homeowners Market

Feb 28 2006 // The Professional Insurance Agents of New York State Inc. reported that a week-long survey of its members regarding the current conditions of the homeowners market in downstate New York found there is no immediate crisis in...

New Markets

Feb 20 2006 // Employment Practices LiabilityNuts & Bolts: CNA has introduced a stand-alone employment practices liability product. The new coverage, EPL Solutions, targets publicly traded commercial companies, financial...

New Markets

Feb 19 2006 // New MarketsNuts & Bolts: CNA has introduced a stand-alone employment practices liability product. The new coverage, EPL Solutions, targets publicly traded commercial companies, financial institutions and financial...

New Markets

Feb 6 2006 // Oklahoma Commercial AutoNuts & Bolts: RISC Inc. is rolling out a new commercial auto market in Oklahoma. Coverage highlights include: Service vehicles of all types; waste disposal; salvage and recycling operations;...

New Markets

Feb 5 2006 // New MarketsOklahoma Commercial Auto Nuts & Bolts: RISC Inc. is rolling out a new commercial auto market in Oklahoma. Coverage highlights include: Service vehicles of all types; waste disposal; salvage and recycling...

Financial Institutions Face Significant Security Breach Costs

Feb 1 2006 // “For many financial institutions, a network security breach involving the release of confidential customer information is not a matter of if, but when,” cautioned Tracey Vispoli, vice president, Chubb &...

Chubb Sees Q4 Net Income of $614M; Up from 2004 Performance

Jan 31 2006 // The Chubb Corp. reported that net income in the fourth quarter of 2005 was $614 million or $2.92 per share, compared to $468 million or $2.39 per share in the fourth quarter of 2004.Operating income, which the company...

New Markets

Jan 22 2006 // New MarketsIdentity Recovery Coverage – Personal Lines Nuts & Bolts: Merchants Insurance Group introduced a newly expanded Identity Recovery Coverage program for homeowners’ policyholders. The new coverage...

New Markets

Jan 22 2006 // New MarketsNuts & Bolts: AIG Excess Casualty, a division of American Home Assurance Company, part of American International Group Inc., introduced xsInResponse, a new product that provides excess liability coverage...

Jan 22 2006 // PeopleMaryland Gov. Robert L. Ehrlich Jr., has selected R. Steven Orr to serve as Maryland Insurance Commissioner. He succeeds Alfred W. Redmer, who resigned in October 2005 to join the private sector. Orr, 53, most...

Ace USA Adds San Francisco Staff

Jan 9 2006 // ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, has named Susan Burkhart assistant vice president in ACE Risk Management’s West Coast Construction team. ACE The company also has...

ACE Opens N.J. Branch; Names Hurley as Manager

Jan 6 2006 // ACE USA has opened a branch office in Morristown, N.J., which will serve the northern New Jersey area. Andrew Hurley has been appointed New Jersey branch manager and will lead the new office. Hurley will work to expand ACE...

People & Places

Jan 2 2006 // Michael Robinson has been named vice president and zone manager of ACE USA Professional Risk’s, Southeast Region, a division of the ACE Group of Companies. Robinson will work with brokers and clients in the southeast...

New Markets

Jan 1 2006 // Business Owners andNuts & Bolts: CNA introduced CNA Connect for small business customers that will combine the company’s former business ownersí policy and commercial package policies into one broad flexible...

People

Jan 1 2006 // Michael Robinson has been named vice president and zone manager of ACE USA Professional Risk’s, Southeast Region, a division of the ACE Group of Companies. Robinson will work with brokers and clients in the southeast...

Burns & Wilcox Offers New Contractors’ Environmental Market

Dec 26 2005 // Burns & Wilcox has launched a new environmental program with ACE Westchester Specialty Group Environmental for environmental contractors and consultants. Rated “A+” by A.M. Best, ACE Westchester Specialty...