Tesla to Create Own Insurance Product, Says Musk April 26, 2019 By Dana Hull and Katherine Chiglinsky For the second time in three days, Elon Musk has shed light on how Tesla Inc. plans to take on...
Insurers Pitch Quick-Paying Parametric Disaster Insurance to Public Sector April 9, 2019 By Christopher Flavelle and Katherine Chiglinsky Some of the world’s largest insurers are eagerly pitching cities, states and even school districts on policies designed to pay...
The Story Behind the Aon and Willis Towers Watson Deal that Died a Quick Death March 7, 2019 By Dinesh Nair and Katherine Chiglinsky It’s not often that you hear about a $24 billion deal brewing in the financial services industry. It’s even rarer...
New York Regulator Subpoenas Insurance Broker About Trump Organization March 5, 2019 By Katherine Chiglinsky, Greg Farrell and Shahien Nasiripour New York’s insurance regulator issued a subpoena to the Trump Organization’s primary insurance broker, a person familiar with the matter...
Update: Aon Considers Bid to Buy Willis Towers Watson March 5, 2019 By Ed Hammond, Matthew Monks and Katherine Chiglinsky Aon Plc is considering a combination with rival insurance brokerage Willis Towers Watson Plc, in what could be the industry’s...
Lyft, Uber Shift Some Risk to Captive Insurers March 4, 2019 By Katherine Chiglinsky and Max Abelson Ride-sharing giants Lyft Inc. and Uber Technologies Inc. seem to have found the same solution for dealing with the risks...
GEICO’s Nicely Quietly Retired as CEO; Roberts at Helm February 25, 2019 By Katherine Chiglinsky and Michelle Kim Warren Buffett used his annual letter to heap praise on Tony Nicely, the long-time chief executive officer of Berkshire Hathaway...
California’s Massive Wildfires Push Travelers to Seek Higher Premiums January 22, 2019 By Katherine Chiglinsky California’s deadly wildfires are raising the specter of higher insurance premiums for homeowners in the state. After “two significant years...
Khalaf to Take Over as MetLife CEO from Kandarian on May 1 January 8, 2019 By Katherine Chiglinsky and Lananh Nguyen MetLife Inc. appointed Michel Khalaf president and chief executive officer, succeeding Steven Kandarian. Khalaf, 54, will take over on May...
Allstate’s Shares Fall Under Weight of Wildfire Losses December 17, 2018 By Katherine Chiglinsky Allstate Corp. tumbled for nine straight days, the longest string of losses since 2001, as coverage costs from the deadliest...