Chubb in the News
Accident & Health
Broadcasters
Corporate
Cargo Security
Cyber Liability
Directors & Officers Liability
Employment Practices Liability
Energy
Information Technology
Intellectual Property Liability
Life Sciences
Loss Control
Multinational
Personal Lines
Political Risk
Privacy
Property
Technology Errors & Omissions Liability
Surety
Accident & Health
Special Benefits for Special Exposures, Benefits & Compensation Solutions, September 2006
New group voluntary benefits can help your employees recover from home invatiospo and child abductions.
Broadcasters
Protecting the Revenue Streams, The Financial Manager, September/October 2007
This article by Thomas Wing explains how new cable offerings, such as phone and Internet service, are creating new insurance
needs.
Recipe for Disaster Relief, The Financial Manager, May/June 2007
This article by Thomas Wing explains how business-interruption insurance can help broadcasters and cable operators stay afloat
after a disaster.
True Value, The Financial Manager, January/February 2007
This article emphasizes the importance of accurate property valuation to help protect businesses in case of a loss.
Staking a Claim, The Financial Manager, September/October 2006
This article by Thomas Wing and William Gussis provides practical advice to broadcast and cable operators on handling and
managing a claim, whether it's a major disaster or an automobile accident.
How to Make Business Recovery an Indispensable Part of Your Business Plan, The Financial Manager, May/June 2006
By having a disaster recovery plan in place, broadcast and cable companies can reduce the risks of a prolonged period of "dead
air" and potentially ruinous loss of advertisers, audiences and revenues.
Steering the Right Course, The Financial Manager, January/February 2006
This article details how to keep automobile risks under control. It highlights numerous ways radio and television broadcasters
and cable TV companies can manage their transport risks.
People Peril , The Financial Manager, September/October 2005
The article highlights the significant potential liabilities that employees pose and the need for employment practices liability
insurance protection.
Clicking into Danger, The Financial Manager, May/June 2005
This article discusses the need for broadcasters to take a strategic approach to managing their Internet presence.
Special Events, Special Risks, The Financial Manager, January 2005
This article focuses on the steps broadcasters can take to minimize exposures associated with special events.
Corporate
More Programs Move to Halt Bias Against Gays, Wall Street Journal, November 26, 2007
Learn how Chubb is training its managers on how to prevent workplace discrimination against gays, lesbians, bisexuals and
transgender employees.
BI's Readers Choose Who's The Best Among Industry Companies, Business Insurance, October 10, 2005
Chubb is recognized as the best overall property/casualty insurer in the 2005 Business Insurance reader's poll.
Higher Education, Rough Notes, June 2004
Chubb supports its agency force by offering learning opportunities, both online and in the classroom. This article focuses
on Chubb's, designed to help promising producers early in their careers by enhancing skills with real life practice.
Don't Settle for Average, Strive for Chubb, United Features Syndicate appearing in various U.S. news publications, May/June 2004
Harvey Mackay, author of the New York Times best seller "Pushing the Envelope" and syndicated columnist, extols the virtues
of Chubb including the company's superior customer service and its focus on being one of the pre-eminent specialty global
property and casualty insurer.
Standing the Test of Time, Best's Review, January 2004
Three members of the Chubb Group of Insurance Companies are among fifteen property/casualty insurers that have managed a remarkable
feat--maintaining a Best's Rating of A+ or higher for the past 50 years.
Cargo Security
Bolstering Cargo Security--An End-To-End Endeavor, World Trade Magazine, November 2002
The security of cargo in our post-September 11 world needs to be end-to-end all along the entire transport route, seamlessly
addressing vulnerabilities in connecting conveyences.
Cyber Liability
Putting Cyber Risks on the Board's Radar Screen, Boardroom Briefing, Summer 2006
It is imperative that directors and officers put cyber security on their radar screens and be significantly involved in ensuring
that the organization is sufficiently protected from this risk. Federal legislation, like the Sarbanes Oxley Act, could leave
board members liable for lapses in a corporation's cyber security program.
How Boards Can Mitigate Identity Theft Risk, Bank Director, January 2005
A look at trends in cyber risk and the steps a board of directors can take to make sure it understands the risk facing its
organization and what the organization is doing to mitigate those risks.
Directors and Officers Liability
D&O Liability: Is this the calm before the storm?, Directors & Boards, Fourth Quarter 2007
Directors have enjoyed a good run on good news. But according to Chubb's Randy Hein, important cautions must be offered.
An Increasingly Foreign Concept, Risk Management, August 2007
U.S.-based companies with operations in other countries need to consider how to protect against the threat of U.S.-style securities
and class-action litigation against the company’s foreign directors and officers.
Employment Practices Liability
Are You Discriminating Against Employees...Without Realizing It?, IndustryWeek, August 29, 2007
The EEOC's new Employer Information Report (also called the EEO-1 report) could make a company the target of a systemic discrimination
lawsuit. What can companies to do help reduce the likelihood of such a lawsuit?
Energy
Protection For Ethanol Producers, Risk & Insurance, February 2008
Without adequate business income insurance, ethanol producers are at risk of significant losses that could put their operations
in jeopardy.
Chubb's "Green Team" Tackles Renewable Energy Risks, Rough Notes, November 2007
The growth of environmentally friendly industries provides opportunities for insurance carriers and agents and brokers.
Information Technology
Deconstructing the Business, Insurance & Technology, March 2007
Business process management software and process discipline are providing the means to introduce new levels of efficiency
and transparency of operations. But while interest in BPM began with cost-cutting, it has become a weapon of strategic opportunism.
Intellectual Property Liability
Besieged: Confronting Intellectual Property Threats, Risk Management Magazine, July 2003
This article by Richard Reed offers tips that risk managers can take to protect their organizations in three intellectual
property hot spots: trade secrets, trademarks and privacy. Intellectual property includes an organization’s knowledge, ideas
and identity. Companies must protect their own intellectual property and avoid infringing on the intellectual property assets
of others.
Life Sciences
A Panoramic View: What Life Sciences Firms Can Learn from Insurance Carriers that Take a Holistic Approach to Underwriting, The Journal of BioLaw & Business, Vol. 10, Number 2, 2007
To really understand the risk profile of a specific biotech, underwriters must take a long-term view of the company and the
exposures associated with different stages of product development.
An Ounce of Prevention, BioExecutive International, November 2006
Developing relationships with first responders can help life sciences companies keep manageable incidents from becoming costly
disasters.
Critical Coverage, European Pharmaceutical Contractor, Autumn 2006
The storage of refrigerated stock is a key exposure faced by most contract manufacturing and research organizations. This
article discusses how to assess and manage this critical risk.
Global Perspectives on the Life Sciences Industry , The Journal of BioLaw & Business, Vol. 9, Number 3, 2006.
This article highlights the latest trends and developments in litigation, regulation, risk management and insurance that are
affecting biotech companies worldwide; in addition, it includes observations about the insurance needs of biotechnology companies
in the United States, Canada, Europe, Australia, Asia and Latin America.
Contingency Planning: Preparation is the Key to Recovering from Disasters , The Journal of BioLaw & Business, Vol. 9, Number 2, 2006.
Businesses in any industry can reel from the repercussions of electrical outages, fires, computer hackers or the ravages of
Mother Nature. When such disruptions occur, these companies may be forced to halt operations for days, weeks or even months.
These businesses can and do recover, but in some sectors, like biotechnology, business interruptions that result from such
events are potentially catastrophic. This article provides an overview of practical items that should be considered by all
life sciences companies as part of contingency planning.
Risky Business? European Pharmaceutical Contractor, Autumn 2005.
This article by Chris Tait discusses the idea that "risk" is not always as ominous or random as the word suggests. More often
than not, the risks pharmaceutical companies face can be considered, planned for and, in many cases, managed so that business
can flourish.
Insuring International Clinical Trials: Navigating the Quirks and Avoiding the Quagmires, The Journal of BioLaw, Volume 8, Number 3, 2005.
The recent enactment of the European Union (EU) directive on human clinical research illustrates the ever-increasing complexity
of multi-site clinical research. This article discusses the importance of insurance protection against liability in international
clinical trials.
Will Your Firm Be a Victim of Medical Technology Error & Omissions Litigation, The Journal of BioLaw & Business, Volume 8, Number 2, 2005.
This article highlights best risk management practices for companies, with a focus on errors and omissions liability and insurance
protection.
Legal Landscape Heats Up for Life Science Companies, The Journal of BioLaw & Business, Volume 7, Number 1, 2004.
This article discusses how biotechnology and life science companies--from the largest and the wealthiest to the smallest--can
reduce the risk of product liability litigation and the prudent risk management steps that can be taken to improve their defense
posture and reduce their exposure to large jury verdicts.
Navigating the International Insurance Market, The Journal of BioLaw & Business, Vol. 6, Number 3, 2003.
This article identifies some of the risks facing biotechnology companies conducting business or research in foreign countries.
It provides information that can help these firms navigate the intricate web of international insurance issues.
Heading Off a Clinical Trial Liability Lawsuit, Applied Clinical Trials, April 2003.
This article by Jill Wadlund offers positive steps that sponsors can take toward limiting their exposure to liability lawsuits,
even in the face of increasing litigation. Observing best practice procedures may offer more than the opportunity for a better
insurance program. Sponsor companies may experience greater success in enrolling subjects when they have a reputation for
superior clinical trial safety efforts. In addition, investors are likely to place greater importance on the way companies
manage these exposures.
Improving Your Risk Profile May Result in Insurance Savings, AdvaMed Business Solutions, February 2003.
This article by Frank Goudsmit and Jill Wadlund discusses the relationship between a medical device company and its insurer.
When medical device companies select an insurance carrier that specializes in providing coverage to medical technology companies
the benefits are many. Working together, the company and insurer can reduce losses, lower insurance costs and ultimately help
the company succeed in the marketplace.
Surviving A Catastrophe: Are You Prepared? The Journal of BioLaw & Business, Volume 6, Number 1, 2003
This article by Philip Fiscus discusses specific protective measures that biotechnology companies should consider to survive
a catastrophe with a minimum amount of damage. Planning ahead and taking the time to develop comprehensive plans would reduce
the likelihood and impact of a disaster; enable companies to respond quickly and effectively to an emergency and ensure the
safety of employees. Establishing contingencies help companies to stay in business during a disaster and resume normal business
operations as quickly as possible.
Loss Control
Chubb insurance offers tools, tips to prevent fires, Courier News, April 10, 2006
The Chubb Group of Insurance Companies has started to offer courses and training to building inspectors, facilities managers,
sprinkler system installers and contractors as well as insurance customers, agents and brokers and local fire officials.
Multinational
Time For Independent Agents to Go Global, Insurance Journal, March 24, 2008
Independent agents can compete with large global brokers by adding value and providing worldwide reach to clients of all sizes.
The World is Flat, Independent Agent, February 2008
As more businesses go global, independent agents and brokers must learn how to serve their growing needs, says Kathleen Ellis.
One way that Chubb can help is through its correspondent broker service.
Exporters' Insurance: A World of Opportunity, Insurance Journal, September 24, 2007
Companies moving into international markets could be exposed to risks not insured under domestic policies.
Minimizing Risks for Global Catastrophes, Insurance Journal, June 4, 2007
By working with an insurer with a global network of offices, emphasizing loss control, and developing and testing a rigorous
business recovery plan, multinational companies can limit their potential losses from a catastrophe.
A New Direction for Directors and Officers Coverage, Insurance Journal, February 26, 2007
Changes in attitudes, lawsuits, statutes worldwide force global companies to buy locally-admitted D&O.
Lost in translation, Insurance Journal, December 11, 2006
Global businesses need integrated insurance solutions to ensure adequate protection.
Protecting your most valuable assets overseas, Insurance Journal, August 7, 2006
The challenges of operating a global business are many. With foreign voluntary workers' compensation, kidnap and ransom and
travel accident insurance policies, businesses can mitigate any potential losses and help keep their most valued assets--their
employees--safe and productive.
International Product Exposures Can Hit Business Here, There and Everywhere, Insurance Journal, May 6, 2006
To make sure they are protected, companies that sell products outside the United States should purchase foreign products liability
insurance.
The Danger of Ignoring Liability Overseas, Insurance International, Spring 2006
By ignoring the need for liability insurance in the countries where they do business, small and midsize companies are exposed
to potential consequences that go well beyond any single financial loss. The article highlights the "comity of nations" doctrine
and why this doctrine is important for companies - and their insurance advisers - to understand.
Globally, One Size Does Not Fit All, Insurance Journal, February 20, 2006
This article highlights that there is no one-size-fits-all solution. The right solution depends on a company's business dealings
outside the United States.
Personal Lines
Bridging the Property and Casualty Gap, Journal of Financial Planning, November 2007
Property and casualty insurance needs for the affluent consumer are very different than those of the mass-market consumer.
As such, advisors to the affluent need to have a relationship with an independent expert--such as an independent agent specializing
in providing services to high net worth clients--on personal risk management to ensure that their clients have the appropriate
wealth preservation.
Make Your Insurer Pay, Kiplinger's, August 2006
Katrina veterans tell how they staked their claims and got their stuff.
Reviewing the Situation, Investment Advisor, July 2006
When devising financal plans for their clients, financial advisors need to consider asset management as well as asset protection. Two areas where there can be a big gap and substantial financial risk are personal directorship liability
and employment practices liability.
Holistic Risk Management, Best's Review, February 2006
As people become vulnerable to new and increasingly complex risks, the insurance marketplace has begun to shift toward a more
holistic risk management approach.
Weathering an ID Storm, Investmentadvisor.com, December 2005
Catastrophes, whether manmade such as 9/11 or natural disasters like hurricanes Katrina and Rita, leave people more vulnerable
to identity theft. Advice for reducing identity theft vulnerability following a catastrophe.
The Big Condo Boom, Best's Review, November 2005
While condo and co-op owners may face many of the same perils as house owners, the risks can be more difficult to manage.
Picassos and Peace of Mind, Forbes, June 6, 2005
Art prices have risen considerably over the past 20 years this is why it is all the more important to consider the increasing
value of a work of art before buying or renewing the policy that insures it.
Not Just a Pipe Dream , Best's Review, May 2005
Agents and brokers can increase their value by assessing clients' water-damage exposures, offering risk-reduction tips and
explaining coverage options.
Opening the Door to a Lawsuit , Best's Review, February 2005
Employment practices risks also apply to homeowners who hire domestic help. But many may not be aware that homeowners and
umbrella policies exclude employment-related exposures. Employment practices liability insurance can help mitigate this risk.
Relax. Chubb’s Andrew McElwee has you covered, Continental, October 2004
Continental, the airline in-flight magazine, features Andrew McElwee, chief operating officer, Chubb Personal Insurance, on
the cover of its October issue. As the featured “Idea Maker” of the month, McElwee is positioned in the corresponding story
as leading an organization that identifies emerging risks and offers products and services that transcend common notions of
personal insurance.
Insuring to Value, Best's Review, November 2003
Determining the right replacement cost for a home is tricky--and critical in case of a loss. Chubb appraisers can help homeowners
with high-value properties properly insure to value.
Political Risk
Political Risk: Converting Mystery Into Opportunity, Insurance Journal, November 5, 2007
Demand for political risk insurance grows as more mid-market companies go global.
As U.S. Companies Increase International Investing, Political Risk Insurers Find New Markets , BestWire, February 24, 2004
Following several lackluster years, the demand for political risk insurance in on the rise. What is political risk insurance,
and why is there an increased demand for this coverage now?
Protecting Corporate Balance Sheets Against Political Uncertainty , Business Credit, November/December 2002
Political risk insurance can help protect a company's balance sheet against write-offs for the nonperformance of contracts
due to political events.
Privacy
Managing the Cost of Privacy Regulations, ComputerWorld.com, October 2003
This article by Jim West addresses the risk and costs companies face in trying to comply with new federal and state privacy
laws in the United States. Each technological advance creates new challenges for companies seeking to protect their customers.
Companies that take steps to meet the challenges of consumer privacy can avoid violations that lead to costly lawsuits and
can enhance their reputation with customers.
Property
Accurate Property Valuation Key To Effective Contracts, National Underwriter, August 14, 2006
This article by Steve Pozzi reminds business owners, agents and brokers that they need to consider things like fluctuating
materials and labor costs, local building codes and potential upgrades when purchasing property insurance.
Technology Errors and Omissions Liability
Stealing Data the Old-Fashioned Way, Risk & Insurance, October 15, 2006
This article by Jim West focuses on laptop thefts as a key cause of security breaches and warns software and hardware companies
that they could become targets of litigation stemming from security breaches.
Working a Federal Case, Risk & Insurance, October 1, 2006
This article by Jim West advises information-technology firms towork with agents, brokers and insurers to help understand
the unique exposures of doing contract work for the federal government.
All Wound Up: Avoiding Broken Promises in Technology Projects, Risk Management Magazine, July 2002.
This article by Timothy Ehrhart focuses on best practices for project management and dispute resolution. Following these general
principles may reduce the possibility that client and supplier will meet in court, but it cannot eliminate lawsuits. Competitive
pressures and the technological complexity that surround business undertakings indicate that litigation will continue. But
with proper errors and omissions protection, the risk can be managed.
IT Malpractice: Don't Become a Victim, The Talent Economy, April 2002.
This article by Timothy Ehrhart looks at ways to avoid costly Errors and Omission lawsuits. Corporate executives can take
steps to manage risk and strengthen the consultant relationship from a project’s infancy.
Tech Lawsuits, Insurance Costs Escalate—As Does Cost Of Doing Nothing , National Underwriter, November 12, 2001
What does technology errors and omissions cost a company? How can companies manage the risk?
Surety
No Sure Thing , Best’s Review, February 2004
The surety market – insurers and reinsurers – are hoping for better times. But, Chubb has done well despite the industrywide
downturn. Here’s how.
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