Latest Chubb Headlines

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

Hartford Rejected 3 Acquisition Offers From Chubb From $65 to $70 a Share

Apr 22 2021 // After its initial offer of $65 per share to acquire The Hartford was rejected, insurer Chubb came back with two additional offers of $67 and then $70 per share, The Hartford reported today in its first quarter filings.The...

Court Agrees Chubb Excluded Coverage in $3.3 Million Unsolicited Advertising Case

Apr 22 2021 // Chubb subsidiary Federal Insurance Co. does not have to pay $3.3 million that medical device services firm Mesa Laboratories Inc. wants to fund a settlement over its violations of the Telephone Consumer Protection Act...

People Moves: Chubb Appoints Execs in Construction, A&H; Hippo Adds to Legal & Compliance; Alleyne Named Chief Legal Officer at Munich Re US

Apr 16 2021 // Chubb has appointed Lyndsey Christofer as executive vice president, Construction Industry Practice Leader for its large account segment. In this capacity, she will oversee a team of construction underwriting and service...

Chubb CEO Greenberg Reiterates Call for Litigation Reform

Apr 14 2021 // Chubb Chairman and CEO Evan Greenberg is reiterating a call for litigation reform nationally and at the state level to address what he said is a “systemic” worsening of the legal environment and its harmful...

Court Orders Chubb Subsidiary to Pay for Merchandise Lost in Warehouse Bankruptcy

Apr 14 2021 // Chubb’s Federal Insurance Co. must pay more than $2 million to a fabric company that lost 22 trailer loads of merchandise when the Mississippi warehouse company that stored it, filed for bankruptcy, sold the goods...

People Moves: Cole from XS Brokers to Rockwood; Westchester’s Roberts, Fred C. Church’s Sanderson Promoted

Mar 30 2021 // Rockwood Programs Inc., a full-service managing general agency, has appointed Carol Cole to chief marketing officer.In this role, Cole is responsible for marketing employment practices liability, insurance agents errors...

Chubb ‘Disappointed’ in Hartford’s Rejection of Merger Offer, Talks

Mar 29 2021 // Global insurer Chubb Ltd. today issued a statement that it is “disappointed that The Hartford chose not to engage in discussions regarding a strategic business combination.”However, the disappointed insurer...

Allianz Privately Mulls Counteroffer for The Hartford After Chubb’s Offer

Mar 28 2021 // Chubb Ltd.’s $23 billion takeover offer for Hartford Financial Services Group Inc. has prompted Germany’s Allianz SE to study the feasibility of a counteroffer, according to people familiar with the...

The Hartford Rejects Chubb’s $23 Billion Buyout Offer

Mar 23 2021 // The Hartford today announced that its board of directors has unanimously rejected rival insurer Chubb’s unsolicited proposal to acquire The Hartford for $23.24 billion.The Hartford said its board determined that...

Chubb Bids for Significant Scale Including The Hartford’s ‘Crown Jewel’

Mar 19 2021 // Five years ago, Evan Greenberg led ACE’s nearly $30 billion acquisition of Chubb, morphing Chubb into its current status as a global property/casualty insurance giant he continues to guide as CEO. Now, the insurer is...

Why Its Bid for The Hartford Is a Personal Lines ‘Chess’ Move by Chubb

Mar 19 2021 // While Chubb’s $23.2 billion opening bid for The Hartford appears to be mostly a commercial lines play to many observers, one experienced industry observer has a different take on it.Chubb CEO Evan Greenberg would...

Chubb’s Offer to Acquire Rival Hartford: $23.2 Billion

Mar 19 2021 // Chubb Ltd., the global insurer led by Evan Greenberg, proposed an acquisition of Hartford Financial Services Group Inc. for about $23.2 billion in cash and stock in what could be one of the industry’s biggest deals...

Chubb Explores Acquisition of $22 Billion Rival Hartford: Bloomberg

Mar 18 2021 // Chubb Ltd., the global insurer led by Evan Greenberg, is exploring an acquisition of Hartford Financial Services Group Inc. in what could be one of the industry’s biggest deals in years, people familiar with the...

Chubb Names Kelaher as Country President for Australia and New Zealand

Mar 9 2021 // Chubb announced it has appointed Peter Kelaher as country president for Australia and New Zealand. In his new role, Kelaher, who is currently senior vice president and head of Property and Casualty (P/C) for Australia and...

Chubb’s Digital Blink Targets Consumer Sales via Partner, Affinity Companies

Feb 25 2021 // Chubb has launched a digital platform for selling selected insurance coverages to “digitally savvy” consumers, primarily through affinity, company and digital broker partners of Chubb to their members,...

The Liberty Company in California Adds Chubb’s Darling

Feb 22 2021 // The Liberty Company Insurance Brokers has named Jim Darling an executive board member. Darling has 40 years of property/casualty experience. Among his senior executive roles during his career, he served as a regional...

New Chubb Crime Coverage Protects Firms from Employee Theft, Outside Criminals

Feb 12 2021 // Chubb has introduced a new crime insurance policy – The Chubb Primary Commercial Crime Insurance, designed to help companies of all sizes and industries protect themselves from criminal activity both inside and outside...

Chubb Global Markets Creates New Energy Underwriting Team

Feb 10 2021 // Chubb announced the creation of a new energy team in Chubb Global Markets (CGM) that will underwrite and serve as a center of excellence for all large corporate energy customers in EMEA, Asia Pacific and Latin America. CGM...

Federal Judge Sides with Chubb in Denial of Target’s Data Breach Bank Claims

Feb 10 2021 // Target Corp. has been denied its $138 million insurance claim against ACE (now Chubb) Insurance companies stemming from a 2013 data breach. A federal judge in Minnesota ruled the retailer had failed to prove that its...

Chubb System Tracks Absence Management, Benefits for Employers

Feb 5 2021 // A new offering from Chubb’s Workplace Benefits division looks to integrate and streamline absence management and workplace benefits for mid-size to large employers.The Chubb WorkInsight product enables employers to...