Chubb

• Chubb, Other Insurers Must Face Suit over SEC, Bear Stearns Settlement Claims

  By Karen Freifeld, Reuters  |  June 12, 2013

  A subsidiary of Chubb Corp. and other insurers must defend themselves against a lawsuit for refusing to cover more than $200 million paid out by Bear Stearns over illegal mutual fund trading practices, New York's highest court ruled on Tuesday.

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  Cyber Insurance Take-Up Rate Among Fortune 500 Very Low

  By Anya Khalamayzer, PropertyCasualty360.com  |  June 10, 2013

  More than half of Fortune 500 firms believe their firms would be seriously harmed by a cyber-attack, but many are still unprepared for one, shows a Willis North America study.

• ALIRT P&C Composite: Q1 Accident-Year Combined Ratio Best Since '07

  By Chad Hemenway, PropertyCasualty360.com  |  June 10, 2013

  A look at first-quarter results of the 50 largest U.S. insurers shows the industry may be starting to see the benefits of price increases the last two years.

• N.Y. DFS, Force-Placed Insurers Reach Agreement on Reforms

  By Arthur D. Postal, PropertyCasualty360.com  |  May 31, 2013

  All force-placed insurance firms doing business in New York have now agreed to put in place reforms that will substantively reduce cost of the coverage to homeowners.

• Offshore Insurer Tax Debate Revived with Introduction of House, Senate Bills

  By Arthur D. Postal, PropertyCasualty360.com  |  May 22, 2013

  The fault lines between domestic and offshore insurers again opened due to bills in the House and Senate of legislation that would reduce the tax benefits foreign insurers receive by ceding U.S. property and casualty premiums to their foreign affiliates.

• Cat Bond Investors on Alert After Oklahoma Twister

  By Sarah Mortimer, Reuters  |  May 21, 2013

  Investors in niche financial bonds that cover insurers against huge natural disasters are on alert for future events that could force them to pay out after the powerful tornado that struck the U.S. on Monday, brokers and fund managers said.

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  Targeting the Other 1 Percent: Hiring Veterans

  By Laura Mazzuca Toops, PropertyCasualty360.com  |  May 17, 2013

  Inculcated with team thinking and strong work ethic, veterans seem like a natural fit for the insurance industry. Unfortunately, the industry doesn't agree.

• Endurance Hires Team to Start Excess Casualty Unit

  By Staff Writer  |  May 16, 2013

  Bermuda's Endurance Specialty Holdings says a new Excess Casualty team is joining the insurer.

• Hires and Promotions at Assurance, USG, Worldwide Facilities - Around the Industry

  By Staff Writer  |  May 10, 2013

  Univest and CBIZ acquisitions, Chubb launches iPad app

• Maciag Believes Insurers Should Capitalize on Changing Markets, Customers

  By Staff Writer  |  May 6, 2013

  Greg Maciag, president and CEO of ACORD and a long-time expert on technology in the insurance industry, believes the industry must quickly adjust to successfully capitalize on the expanding and changing demands of employees and customers.

• Hires and Promotions at RiskMatch, York Alternative Risk, ACORD and State Auto - Around the Industry

  By Staff Writer  |  May 1, 2013

  RIMS and IIABA name award recipients, Neace Lukens acquires Buckley & Co. and HSB launches cyber coverage

• New Study Finds the Independent-Agency Generation Gap is a Chasm

  By Laura Mazzuca Toops, PropertyCasualty360.com  |  May 1, 2013

  How to manage the millennial generation in the workplace is stumping both baby boomers and Gen-Xers. But the generation gap is especially acute in the independent agent-broker (IAB) universe, where 84 percent of employees say there are real generational differences regarding work, and 72 percent agree that these differences pose challenges in...

• Let’s Talk Sex and Money

  By Laura Mazzuca Toops, PropertyCasualty360.com  |  May 1, 2013

  After more than 40 years of the feminist movement, you would think that women in the workplace wouldn’t be much of a novelty. But the issue has taken on new life as the post-movement generations of Gen-Xs and Millennial women grapple with the challenges of work/life balance and career advancement...

• House Subcommittee Chair Pushes Requirement that Lenders Accept Private Flood Policies

  By Arthur D. Postal, PropertyCasualty360.com  |  April 25, 2013

  demand by a House Financial Services subcommittee chairman that bank regulators move quickly to impose a rule requiring mortgage lenders to accept private flood insurance is prompting a split in the insurance industry.

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  Parts of Obama Budget Spark Debate Over Cost, Availability of Insurance

  By Arthur D. Postal, PropertyCasualty360.com  |  April 11, 2013

  The Obama administration has again revived its proposal to reduce the tax benefits foreign insurers receive by ceding U.S. property and casualty premiums to their foreign affiliates.

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  Risk Managers Report: Which Insurers They Use and Why

  By Chad Hemenway, PropertyCasualty360.com  |  April 2, 2013

  We reached out to risk managers and asked a couple of simple questions: Who do you use, and why? Here’s what they had to say.