The insurer will automate 85% of its claims and underwriting processes as it “reinvents” itself over the next few years.

Chubb highlighted its five-year average expense ratio of 8.2%, compared with a peer average of 14.2%. In a softer market, that cost gap could allow the insurer to either hold discipline while rivals ...

PHILADELPHIA (CBS) -- A company is bringing more than 1,000 jobs to Center City and establishing one of its largest offices in Philadelphia. Insurance company Chubb announced millions of dollars in ...