Insurers’ $158 Billion CLO Bet Is Putting the Industry at Risk July 31, 2020 By Katherine Chiglinsky They’ve been billed as a solution to the rock-bottom interest rates weighing down the returns of America’s asset managers. Collateralized...
Home Insurance Insurtech Hippo Raises $150M as It Readies for IPO in 2021 July 21, 2020 By Katie Roof and Katherine Chiglinsky Hippo Enterprises Inc., hot on the heels of rival home insurance technology business Lemonade Inc. going public, has closed a...
Houston Rockets Becomes First NBA Team to Sue Insurer Over Denied Covid-19 Claims July 16, 2020 By Jef Feeley and Katherine Chiglinsky The Houston Rockets and billionaire owner Tilman Fertitta are suing their insurer for denying the National Basketball Association team’s bid...
Companies Press Insurance Brokers for Workarounds to Rising D&O Costs June 15, 2020 By Jef Feeley and Katherine Chiglinsky When Elon Musk said in April he was dropping the insurance policy that protects Tesla Inc.’s board from shareholder lawsuits,...
Global Insurers Pulled into Epicenter of COVID-19 Crisis, Firmly in Uncharted Territory June 10, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson Roger Federer and Rafael Nadal locked in spell-binding battle. Paul McCartney sharing a stage with Kendrick Lamar and Taylor Swift....
Zaffino, AIG’s No. 2, Fights to Turn Around the House That Hank Greenberg Built June 5, 2020 By Katherine Chiglinsky American International Group Inc.’s Peter Zaffino drew a clear line ahead of his jump to the insurer almost three years...
Chubb CEO Greenberg Warns Retroactive Measures Would ‘Bankrupt’ Insurance Industry April 16, 2020 By Katherine Chiglinsky Chubb Ltd. Chief Executive Officer Evan Greenberg has a stark warning for policy makers pushing insurers to pay out some...
Litigation Builds Against Insurers Over Coronavirus Business Interruption April 8, 2020 By Jef Feeley and Katherine Chiglinsky Barbara Snowden dreamed of opening a wig shop to help women who’d lost their hair during chemotherapy feel better as...
Insurance Unlikely to Cushion Coronavirus Losses – But There Are Exceptions March 4, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson Don’t look for much relief from insurers to cushion losses from canceled events, travel disruptions and potential medical claims from...
Ford to Help Customers Connect to Allstate Insurance Driver Tracking Program March 4, 2020 By Katherine Chiglinsky Allstate Corp. struck a deal with Ford Motor Co. that will allow some of the automaker’s customers to share data...