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Taking a calculated risk by selling a hazardous product isn't the same as intentionally causing harm. For that reason, insurers must cover a court judgment that requires the company that sold Dutch ...
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 ...
An industry with 75-100 percent of small commercial business potentially written on a straight-through basis—untouched by human underwriters—is on the near-term horizon, and Chubb is embracing ...
Former insurance industry executive and innovator, Robert "Bob" J. Newhouse Jr., died on August 26, 2017, following a brief illness. He spent 36 years at Marsh & McLennan Cos. (MMC), where he ...
Both Chubb and Horace Mann Educators Corp. disclosed the deaths of long-time, well-regarded executives. *** John Cox, the founding chairman and first employee of ACE Ltd., died recently at age 84. ...
Allied World Assurance Company Holdings tapped a former Travelers executive to help lead its U.S. cyber insurance efforts. Jason Glasgow is the insurer's new vice president, practice lead – ...
The PURE Group of Insurance Companies is fleshing out its executive roster with veteran hires from Chubb and AIG, both rivals in the high-net-worth space. PURE is a New York-based company that ...
Allianz Global Corporate & Specialty is the latest carrier to expand its cyber insurance arm in response to the fast evolving and growing risk. New hires from AXIS and Chubb will help round out ...
Estimating that the high-net-worth (HNW) personal lines market has more than $30 billion worth of business up for grabs, and the small commercial lines market, another $80 billion, Chubb Limited CEO ...
Kemper Corp. hired an ex-ACE Group exec as its new chief information officer. W.R. Berkley Corp. brought on three former Chubb executives to flesh out its new high net worth personal lines division. ...
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