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Chubb Announces Global Climate Business Unit to Help Combat and Manage Climate Change

/PRNewswire/ Chubb (NYSE: CB) announced today the launch of a new global climate business unit, drawing on the company s extensive technical capabilities in. ....

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Houston Office Company Suing Insurers For Failing To Pay Out Pandemic-Related Business Interruption Claims

Boxer Property Management is suing its insurers for what could be more than $20M, alleging they failed to pay business interruption claims. ....

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Coal, oil sands companies feel growing insurance squeeze

Coal, oil sands companies feel growing insurance squeeze
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Chubb CEO Greenberg Stresses Need to Address Ransomware and 'Systemic' Cyber Risk

Chubb CEO Greenberg Stresses Need to Address Ransomware and 'Systemic' Cyber Risk
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Chubb CEO Greenberg Reiterates Call for Litigation Reform

Chubb CEO Greenberg Reiterates Call for Litigation Reform
Chubb Chairman and CEO Evan Greenberg is reiterating a call for litigation reform nationally and at the state level to address what he said is a “systemic” worsening of the legal environment and its harmful impact on the insurance industry.
“The U.S. needs litigation reform at both the state and federal level to combat the abusive power of the trial bar and address out-of-control awards,” Greenberg said in his 2020 annual letter to Chubb shareholders. “Working with the wider industry, this remains a Chubb priority.”
Of particular note are lawsuits filed by lawyers with claims that are far beyond where they should be, Greenberg said. ....

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