April 30, 1989
A large insurance company has signed a 10-year lease valued at about $4.8 million for 19,079 square feet of office space in the new Koll Center, under construction at 501 W. Broadway in downtown San Diego. The Chubb Group of Insurance Cos., doing business as Federal Insurance Co., will move into the space when the center is completed in July. John Burnham & Co. represented the insurer. The Koll Co., developer of the center, represented itself in the transaction.
October 30, 1988
A $5.25-million settlement has been reached with the Chubb Group of Insurance Cos. and a subsidiary in a dispute over drought insurance sold to Minnesota farmers last spring, it was announced. Minnesota Commerce Commissioner Michael Hatch said about 770 Minnesota farmers may be eligible for payments under the agreement with the New Jersey-based Chubb and its subsidiary, Federal Insurance Co.
April 4, 1998 |
Facing at least $1.5 million in unpaid bills from the Paula Corbin Jones case, President Clinton's legal team is preparing to file suit against two insurance companies that stopped financing the president's defense last year to force them to reverse their decision.
July 12, 1988 |
A New Jersey insurance company has drawn the ire of drought-suffering farmers and state regulators who say the insurer appears to be backing off an offer to provide drought insurance. Insurance officials in at least three states--Minnesota, Indiana and Ohio--are looking into the policies offered during a six-week period in May and June by Federal Insurance Co., a subsidiary of Chubb Group Insurance Cos. of Warren, N.J.
June 20, 2011 |
Anyone who has flown in the last few months has probably noticed that the cost of flying in the U.S. has climbed beyond pre-recession levels. Blame higher fuel costs, increasing demand for air travel and tight controls on capacity by the airlines. The average domestic airfare grew to $247 in the first three months of 2011, a 10% increase over the same period last year, according to data from American Express Global Business Travel, a division of the credit card company. Before the recession sent airline ticket prices plummeting, the average domestic airline ticket peaked at $233 in the first three months of 2008, according to the report released last week.