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Chubb to Seek More Rate in Northeast; Q4 Profit Drops 77% on Sandy Losses

Chubb Corp. says it plans to seek higher rate increases for Homeowners insurance in the Northeast, following the impact of Superstorm Sandythe largest catastrophe in Chubbs history.

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Chubb Corp. says it plans to seek higher rate increases for Homeowners insurance in the Northeast, following the impact of Superstorm Sandy—the largest catastrophe in Chubb’s history.

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