Progressive CEO Says Move Into Life Insurance Possible: ‘More to Come’ October 7, 2020 By Katherine Chiglinsk Progressive Corp. could soon expand its horizons into life insurance. “We actually are considering that,” Chief Executive Officer Tricia Griffith...
Businesses Hurt First by Coronavirus Then by Looting Have New Insurance Questions June 5, 2020 By Katherine Chiglinsk, Michael Sasso and Steven Church Al’s, a sporting-goods store tucked in Wilmington, Delaware’s small shopping district, opened during the Great Depression, weathered World War II...
PG&E’s $1.4B in Wildfire Insurance May Not Be Enough, But Was ‘Regular Amount’ November 20, 2018 By Will Wade and Katherine Chiglinsk PG&E Corp.’s $1.4 billion in wildfire insurance may not be enough to cover all its potential liabilities from the deadliest...
New Cyber Insurance Package Protects Hedge Funds’ Trade Secrets and Fees October 5, 2018 By Katherine Chiglinsk Hedge funds can spend years crafting a trading algorithm or a strategy to keep ahead of competitors. A Stone Point...
Insurers Seen ‘Easily’ Handling Hermine Losses September 2, 2016 By Katherine Chiglinsk Hurricane Hermine, which is poised to land in Florida Friday, may result in “manageable” losses for the insurance industry, according...
U.S. Says Judge Nixing MetLife Too-Big-to-Fail Tag ‘Profoundly Mistaken’ June 20, 2016 By Katherine Chiglinsk and Andrew Harris The U.S. properly labeled MetLife Inc. as “too big to fail,” the government said, arguing to overturn a ruling that...
Lloyd’s: Cities Hurt More by Market Crashes Than Natural Disasters September 4, 2015 By Sonali Basak and Katherine Chiglinsk A stock-market crash could erase as much as $170.3 billion from major cities’ gross domestic product in the U.S. and...