Quote:
Originally Posted by TempleGuy1000
Not that it matters but Ace bought Chubb who bought the property and causality business based in Philadelphia from CIGNA. The NA in the CIGNA name comes from the original company based here, the Insurance Company of North America. INA held the distinction of being America’s first insurance company. Chubb’s offices are currently located at 4th and walnut and my friend who works there said they want more modern offices because their current digs are very 80s. So this isn’t a new move (I actually doubt any company is older) but it’s good to see their desire to stay here.
https://en.m.wikipedia.org/wiki/Insu..._North_America
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Chubb's NA HQ is in Warren, NJ - are we sure this won't be that group relocating and consolidating here with whatever's left of ace? 400,000sf is a significant building.