Chubb News

Business News: Chubb, AIG, Vericlaim

Chubb has expanded its business owner’s policy, Chubb BOP, to the technology industry by crafting specialized insurance features and benefits to meet the unique risks faced by small businesses in the technology segment. The policy includes more than 80 property …

N.C. Cancer Center, Chubb Work Together to Recover From Lightning Strike

When lightning struck The Gibson Cancer Center in Lumberton, a small community in North Carolina, causing a fire and significant damage, there was concern for the patients who received treatment there. Though the fire affected the entire building, destroying a …

People Moves: Allianz X, Chubb, CNA, MEMIC

Borchers Appointed CEO of Allianz X The recently established unit Allianz X has won Peter Borchers to become CEO as of October 1, 2016. Peter Borchers is one of the most experienced and highly respected leaders in the area of …

People News: MEMIC, Chubb, AGCS

MEMIC Hires Gonnella as Vice President of Claims for Northeast, Atlantic Regions To support continued growth across the Eastern Seaboard, workers’ compensation specialist The MEMIC Group has announced the appointment of Gus Gonnella to vice president of Claims for the …

People News

Ex-Oklahoma Insurance Exec to Head Lousiana Citizens Insurance A former Oklahoma insurance executive has been chosen to head the Louisiana Citizens Property Insurance Corp., the state’s property insurer of last resort. Richard Newberry has been named the new chief executive …

Business News

Sedgwick Acquires OSG Group Sedgwick has signed a definitive purchase agreement to acquire OSG Group, the leading independent specialist outsource services provider in Ireland. OSG provides property and liability loss adjusting services, as well as third-party administration, motor and specialist …

Chubb: U.S. Chemical Firms Expanding Abroad See Heightened Risk

Foreign risk management challenges will be a growing concern for chemical firms, according to Ernie Salas, vice president, Specialty Casualty & Construction, Chubb. By 2019, the U.S. is expected to run a $77 billion trade surplus in chemicals, according to …

Using Predictive Analytics to Reduce Claim Duration and Costs

Insurance claims professionals are pioneers in the use of predictive data analytics. Well before the term “Big Data” was coined, claims examiners were digging into the data within filed claims to unearth kernels of wisdom. These insights illuminated ways to …

Costs Associated With Cyber Bullying Spurs New Insurance Policy

Anyone who has had embarrassing photos posted on social media or been deluged with angry messages can attest to the high emotional cost of cyber bullying. But there is also a cost in real dollars for some to clean up …

People Moves

Walsh Joins York as President, Risk Management Practices York Risk Services Group, a national provider of claims management, managed care, specialized loss adjusting, alternative risk programs, pool administration and other insurance services, named Patrick J. Walsh as president of York’s …