8-K

                    SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, DC  20549

                             ----------------

                                  FORM 8K
                              CURRENT REPORT
                  PURSUANT TO SECTION 13 OR 15(d) OF THE
                      SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported) March 12, 1999
                                                 -----------------------------

                           THE CHUBB CORPORATION
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            (Exact name of Registrant as Specified in Charter)


         NEW JERSEY                      1-8661                13-2595722
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(State or Other Jurisdiction        (Commission File         (IRS Employer
     of Incorporation)                   Number)           Identification No.)


15 MOUNTAIN VIEW ROAD, WARREN, NEW JERSEY                        07061-1615
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(Address of Principal Executive Offices)                         (Zip Code)


Registrant's telephone number, including area code (908) 903-2000
                                                   ---------------------------


                                    N/A
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       (Former Name or Former Address, if Changed Since Last Report)


Item 5.  Other Events.

See the attached press release dated March 12, 1999.

                                 SIGNATURE

               Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.

                                         THE CHUBB CORPORATION



                                         By: /s/ Gail E. Devlin
                                             -------------------------------
                                             Name: Gail E. Devlin
                                             Title: Senior Vice President

March 15, 1999

EX-99.1

                      News from The Chubb Corporation



                 Chubb Adopts New Shareholder Rights Plan

Warren, N.J., March 12, 1999 -- The Chubb Corporation announced today that its
Board of Directors has adopted a new shareholder rights plan designed to
preserve the Board's ability to protect shareholders against unsolicited
attempts to acquire control of the company that do not offer an adequate price
to all shareholders or are otherwise not in the best interests of Chubb and
its shareholders.

               The new plan replaces the company's existing rights plan, which
was due to expire on June 12, 1999.  The Board has voted to redeem the rights
issued under the earlier plan for $.01 for four rights and declared a dividend
of one new right for each share of The Chubb Corporation common stock held of
record as of the close of business on March 31, 1999.

               Under the new plan, each right will entitle shareholders to
buy, upon occurrence of certain events, one thousandth of a share of preferred
stock for $240.  The rights generally will be exercisable only if a person or
group acquires beneficial ownership of 20% or more of the company's common
stock, or commences a tender or exchange offer that, upon consummation, would
result in a person or group owning 20% or more of the company's common stock.

               The new rights plan will expire on March 12, 2009.  The plan
will be subject to annual review by a committee of independent directors which
can authorize the redemption of the rights at a price of $.01 per right if it
believes the plan no longer serves the best interests of the company and its
shareholders.

               Chubb said that the new plan was not adopted in response to any
specific effort to acquire control of the Company and that it is not aware of
any such effort.

For further information contact:   Gail E. Devlin        (908) 903-3245
                                   Glenn A. Montgomery   (908) 903-2365