Katherine Chiglinsky –

Pay-per-mile policies boom in the work-from-home era

March 12, 2024 at 12:19 p.m.

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 pandemic, Allstate has seen interest surge in its Milewise offering,...

Unusually light and fast-moving early morning rush hour traffic is seen April 9, 2020, in Chicago. Allstate Corp. has seen interest surge in its Milewise offering, which lets customers pay auto-insurance premiums on a pre-mile basis, increase during the pandemic.

Allstate’s pay-per-mile car insurance proves popular in the work-from-home era

April 13, 2021 at 4:13 p.m.

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 pandemic, Allstate Corp. has seen interest surge in its Milewise...

Allstate Corp. struck another deal to sell part of a life-insurance business and warned investors that the divestitures will result in a roughly $4 billion net loss in the first quarter.

Allstate to take $4 billion net loss this quarter on life sales

March 29, 2021 at 2:48 p.m.

Allstate Corp. struck another deal to sell part of a life-insurance business and warned investors that the divestitures will result in a roughly $4 billion net loss in the first...

Trump Tower is seen Aug. 24, 2018, on Fifth Avenue in Manhattan in New York. Several businesses have cut ties with President Donald Trump after the storming of the U.S. Capitol.

Insurance giant Aon ended its link to Trump. It’s far from alone: Here are others who’ve cut financial ties.

January 14, 2021 at 6:22 p.m.

Aon, an insurance brokerage that's previously been questioned about ties to the Trump Organization, said it ended a relationship with the business. A spokesperson for Aon, which has its global...

Berkshire Hathaway Chairman and CEO Warren Buffett, seen here in a 2017 file photo, has expressed support for a hostile takeover of USG Corp's board.

Buffett seen mulling strong-arm tactics in Knauf’s USG showdown

May 1, 2018 at 11:44 p.m.

Berkshire Hathaway plans to oppose USG Corp.'s board nominees, backing a shareholder revolt that flared after the wallboard maker spurned a takeover bid from Germany's Knauf. USG shares jumped. Knauf,...

GE’s surprise $15 billion shortfall was 14 years in the making

December 15, 2018 at 1:46 a.m.

The trouble at General Electric began decades ago when a hole started to form inside its sprawling financial unit. The hole became a $15 billion shortfall in insurance reserves, disclosed...

In his annual letter to shareholders, published Saturday, Berkshire Hathaway Chairman Warren Buffett argued that Americans should look to the future with optimism, despite dour messages from the presidential campaign trail.

Buffett lunch auction draws $2.61 million bid, topping 2015 pace

June 11, 2018 at 10:51 p.m.

Billionaire Warren Buffett's annual lunch auction drew a top offer exceeding $2 million with more than half a day remaining in the fundraiser, beating last year's pace. The highest offer...

New rules proposed by the Obama administration will require financial brokers working with retirement accounts to be legally obligated to put their clients' best interests above all.

Wall Street groups sue to end Obama’s ‘unworkable’ broker rules

June 10, 2018 at 12:30 p.m.

Wall Street and business lobbying groups have teamed up to fight the Obama administration's new rules for U.S. brokers managing retirement accounts, saying the regulations include a "deliberately unworkable" fiduciary...

Miami Dolphins defensive tackle Ndamukong Suh joined the board of directors of Omaha's Ballantyne Strong, which manufactures projection screens, monitors networked equipment and has clients in the cinema, retail and financial industries.

NFL’s Suh joins Omaha company’s board with blessing of his buddy Warren Buffett

June 12, 2018 at 6:19 a.m.

Ndamukong Suh, the defensive tackle on the National Football League's Miami Dolphins and former star at the University of Nebraska, joined the board of a publicly traded company with the...

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