Chubb Forms New Unit

NU Online News Service, July 1, 12:07 p.m. EST?The Chubb Group of Insurance Companies in Warren, N.J. said it has formed a new unit based in Simsbury, Conn. to develop specialty insurance products and services for privately-held companies and not-for-profit organizations.

Jane L. Hodgson, a vice president named to head the new group, will have responsibility for several lines of business targeting this segment, including directors and officers liability, employment practices liability, miscellaneous professional liability, fiduciary liability, Internet liability, crime, kidnap/ransom and extortion, and workplace violence expense coverage, the company said.

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