Buffett to Step Down Following Six-Decade Run Atop Berkshire May 4, 2025 By Alexandre Rajbhandari and Katherine Chiglinsky Warren Buffett, who built Berkshire Hathaway Inc. into a business valued at more than $1.16 trillion and himself into a...
Aircraft Insurers Brace for Barrage of Russia Claims in Possibly Biggest Aviation Loss March 18, 2022 By Katherine Chiglinsky, Siddharth Philip and Max Reyes Aircraft-leasing firms working to retrieve planes from Russia are set to collide with an aviation-insurance industry bracing for an unprecedented...
New York Insurance, Finance Regulator Lacewell to Resign August 16, 2021 By Katherine Chiglinsky New York’s top financial regulator, Linda Lacewell, is planning to step down as the state grapples with fallout from Governor...
As Cyberattacks Rise, Cyber Insurers Are Rethinking Their Business July 21, 2021 By Katherine Chiglinsky and Max Reyes The hacks came one right after another, sowing chaos at hospitals, idling America’s biggest gasoline pipeline, crippling a huge meat...
Dutch Insurer NN Group Offers to Buy Part of MetLife’s European Businesses June 28, 2021 By Jan-Henrik Förster and Katherine Chiglinsky NN Group NV offered to acquire part of MetLife Inc.’s businesses in Europe, saying the move is in line with...
Pipeline Ransomware Attack Stirs Debate on Whether Insurance Attracts Hackers May 17, 2021 By Katherine Chiglinsky and Jamie Tarabay The ransomware attack on Colonial Pipeline Co. that caused gasoline shortages along the U.S. East Coast also sparked a debate...
Allstate Sees Surge in Demand for Pay-Per-Mile Insurance During COVID Shutdowns April 14, 2021 By Katherine Chiglinsky The COVID-19 shutdowns that swept the U.S. have been a boon for a newer auto-insurance product: pay-per-mile coverage. During the...
Chubb’s Offer to Acquire Rival Hartford: $23.2 Billion March 19, 2021 By Katherine Chiglinsky, Ed Hammond and Dinesh Nair Chubb Ltd., the global insurer led by Evan Greenberg, proposed an acquisition of Hartford Financial Services Group Inc. for about...
Bursting Pipes, Sagging Roofs Strain Texas Adjusters, Contractors February 22, 2021 By Thomas Black and Katherine Chiglinsky After the big freeze in Texas comes the big thaw — and the big demand for workers to repair the...
Insurers Overwhelmed by Demand for D&O Coverage for Blank Check Companies February 10, 2021 By Katherine Chiglinsky and Jenny Surane The SPAC boom is overwhelming a key player in the creation of a blank-check companies: insurers. Firms selling directors-and-officers liability...