2nd Circuit: Insurer Must Pay for Merchandise Lost in Warehouse’s Bankruptcy Sale April 12, 2021 By Jim Sams Chubb’s Federal Insurance Co. must pay more than $2 million to a fabric company that lost 22 trailer loads of...
The Hartford Rejects Chubb’s $23 Billion Buyout Offer March 23, 2021 The Hartford today announced that its board of directors has unanimously rejected rival insurer Chubb’s unsolicited proposal to acquire The...
Chubb Exploring Purchase of Rival Hartford, Sources Say March 18, 2021 By Ed Hammond Chubb Ltd., the global insurer led by Evan Greenberg, is exploring an acquisition of Hartford Financial Services Group Inc. in...
Claims Business: Tractable, Charles Taylor and Chubb February 1, 2021 Tractable Inks Deals with The Hartford, Mitchell Tractable, a London-based insurtech that uses artificial intelligence to create damage estimates from...
Movie Producer Sues Chubb for Breaking Renewal Promise Over COVID-19 September 14, 2020 A movie production company that signed Ben Affleck to star in its latest “large-budget action thriller” accuses a Chubb insurer...
Zurich Drops Cover for Canada’s Trans Mountain Oil Pipeline July 23, 2020 Insurer Zurich has decided not to renew cover for the Canadian government’s Trans Mountain oil pipeline, said a spokeswoman for...
Chubb Urges U.S. and Insurers to Team Up for Future Pandemic Costs July 9, 2020 By Katherine Chiglinsky Chubb Ltd. proposed that insurers and the U.S. government work together to cover future business-interruption losses from pandemics, as the...
Major Insurers Increase Cover For Trans Mountain Oil Pipeline – Filings May 12, 2020 By Carolyn Cohn, Simon Jessop and Noor Zainab Hussain Major insurers Zurich, Chubb increased their insurance cover for a Canadian oil sands pipeline over the last year, Canadian regulatory...
Coronavirus to Spur Largest Single Loss in Insurance History – Chubb CEO April 22, 2020 By Suzanne Barlyn The, will likely spur the largest single loss in insurance industry history, said Evan Greenberg, chief executive officer of Chubb...
Chubb CEO Warns Retroactive Measures Would ‘Bankrupt’ Industry April 16, 2020 By Katherine Chiglinsky Chubb Ltd. Chief Executive Officer Evan Greenberg has a stark warning for policy makers pushing insurers to pay out some...