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Are Fresh, Untreated Wood Chips Good (and Safe) To Use For Landscaping?

A neighbor had some cedar and other evergreen trees removed from his yard. The tree company that did the job had lots of wood chips when they were done. The foreman offered me a small truckload of them for landscaping purposes. Of course there is a relatively small percentage of bark mixed with the wood chips, and of course a lot of small branches and pine needles.
My question: Is it a good idea to use these wood chips for landscaping, to cover our flower beds, like you would use store-bought beauty bark? Or would it possibly cause problems due to rotting, or be a magnet for termites and other nasty little critters?
And if those things aren't problems, do you think it would make a good ground-cover? Can you think of any other uses for it?
Any advice before I pay to have it hauled away would be greatly appreciated. Thanks!

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