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Chubb Named One of Best Companies for Gay and Transgender Employees Three Years in a Row

WARREN, NJ, September 21, 2005-The Chubb Corporation attained the highest score possible (100 percent) on the Human Rights Campaign (HRC) Foundation 2005 annual report card on corporate America's treatment of gay, lesbian, bisexual and transgender (GLBT)  employees.  This is the third consecutive year that Chubb has received a 100 percent rating. 

The Human Rights Campaign Foundation's fourth annual report card - the Corporate Equality Index - rates Fortune 500 and other major companies on a scale from 0 to 100 percent on seven key indicators of fair treatment for GLBT employees.  Indicators include policies prohibiting discrimination based on sexual orientation and gender identity as well equal health care benefits.

"The past few years have been outstanding for Chubb based on many measures.  We take particular pride in knowing that our financial success has been achieved at the same time we have been widely recognized by others as a company that consistently treats its employees, customers and investors with dignity, fairness and respect," said John D. Finnegan, chairman, president and CEO, The Chubb Corporation.  "Our results, and those of other leading companies that regularly achieve perfect scores on the Corporate Equality Index, suggest that equal treatment for GLBT individuals in the workplace and marketplace makes good business sense.  Accordingly, we try each year to build upon the progress we have made in prior years. In 2005, we introduced a leadership program tailored for our high potential GLBT employees and joined a coalition of corporate and nonprofit organizations that support the end of taxation of domestic partner benefits. We are pleased that such efforts have led us to be recognized as a leading employer by the HRC and the GLBT community."

The Corporate Equality Index is based on a survey sent to the Fortune 500, the Forbes 200 largest privately held companies and any company with at least 500 employees that asks to be rated or for which HRC has enough information to derive a score. The 2005 report rates 402 companies; 101 companies scored 100 percent.

The Human Rights Campaign is the largest national GLBT political organization with members throughout the country. It lobbies Congress, provides campaign support and educates the public to ensure that LGBT Americans can be open, honest and safe at home, at work and in the community. 

The member insurers of the Chubb Group of Insurance Companies form a multi-billion dollar organization providing property and casualty insurance for personal and commercial customers worldwide through 8,000 independent agents and brokers. Chubb's global network includes branches and affiliates throughout North America, Europe, Latin America, Asia, and Australia.