Chubb News

Insurers Dispatch Wildfire Crews to Save California Homes

California’s raging wildfires are so bad that American International Group Inc., Chubb Ltd., and PURE are deploying teams of specialists and former firefighters to spray retardants on homes. The season may soon rank among the industry’s most costly. The latest …

Business News: Frankenmuth, Next, Tokio Marine, Chubb

Frankenmuth Insurance Introduces Photo-Based Estimating Frankenmuth Insurance’s Michigan policyholders will now be able to take photos of vehicle damage and submit them for estimate creation, without the need for a physical inspection or shop appointment. The new service allows the …

Weinstein Insurers Balk at Paying Legal Bills

Harvey Weinstein is locked in a messy battle with insurance companies over his steadily mounting legal bills. The insurance giant Chubb and other carriers that wrote liability policies for Weinstein and his film company are arguing in court that they …

Insurers’ Drone Use Picks up After 2017 Hurricane Season

Insurers’ use of drones to inspect property claims came into full swing in 2017, after the FAA began issuing permission allowing commercial firms to operate unmanned aerial vehicles in designated U.S. airspace. Nearly a year later, while some insurers remain …

Weinstein Seeks Jurors’ Ruling on Sex Assault Insurance Coverage

Harvey Weinstein wants jurors to decide whether Chubb Ltd. and other insurers are acting in “bad faith” by refusing to pay to defend him against nearly a dozen lawsuits accusing him of assaulting or sexually harassing women over a period …

Startup Launches Insurance for Ride-Hailing Passengers

Worried about an accident when you ride with Uber or Lyft? Now you can get an insurance policy from your phone for the ride too. Startup Sure Inc. announced Thursday that it has partnered with underwriter Chubb to launch a …

Business News: Vlocity, Weather Analytics, Chubb

Vlocity Launches Automated Claims Features, Offers Carriers Omnichannel Claims Functionality Vlocity, Inc., a cloud software company, announced the launch of automated claims features in their apps. The launch includes end-to-end management of property and casualty (P&C) insurance claims for policyholders, …

Business News: Plymouth Rock, State Farm, Ametros

Plymouth Rock Assurance Enters New York State Auto Insurance Market On the heels of its expansion into Pennsylvania, Plymouth Rock Assurance will introduce drivers in the Empire State to its unique product and service offerings like the Crashbusters mobile claims …

Bitcoin Claims, Ransom Demands Skyrocket

Hey, want those photos and files back? It may cost more than it used to. Thank bitcoin. Chubb Ltd., best known for catering to wealthy families and corporations, is among at least three insurers facing a jump in costs tied …

Owners, Insurer Settle High-Dollar Suit in Ohio Mansion Fire

A dispute over a multi-million dollar insurance claim for a suburban Cincinnati mansion that burned down in 2014 has been settled weeks before a scheduled trial. Jeffrey and Maria Decker sued Chubb National Insurance Company after it declined to pay …