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 12, 2013 |
The Nissan Leaf is cruising at 35 mph when a pedestrian jumps into the roadway. But there's no one at the controls. Instead, radar, lasers and cameras recognize the pedestrian - actually a dummy shoved into the road by an engineer. Computers order the car to slam the brakes and swerve, avoiding a collision. The recent demonstration, at a former military base in Irvine, underscored just how far automakers have come in developing cars that drive themselves. Car companies including Nissan, General Motors and Mercedes have logged thousands of miles of successful tests, with an eye toward selling autonomous vehicles by 2020.
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.