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Top related persons:
Dow Jones - 10 Hurricane Irma - 1 Jean Eaglesham Jean Eaglesham - 1 Jean - 1
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Allstate - 1 Heritage - 1 Casualty Insurance - 1 Wall Street - 1 Securities and Exchange Commission - 1 Financial - 1

Search resuls for: "Jean Eaglesham"


25 mentions found


☆ Buying Home and Auto Insurance Is Becoming Impossible
  + stars: | 2024-01-14 | by ( Jean Eaglesham | ) www.wsj.com   time to read: 1 min
After Allstate suffered billions of dollars in losses and failed to get the rate increases it wanted, it resorted to the nuclear option. The insurance giant threatened last fall to stop renewing auto insurance for customers in three states that hadn’t given in to its demands, which would have left those policyholders scrambling for coverage. The states blinked.
Organizations: Allstate
☆ As Storm Damages Mount, States Try to Make It Harder to Sue Insurers
  + stars: | 2023-10-19 | by ( Jean Eaglesham | ) www.wsj.com   time to read: 1 min
Samari Lakes East, a nondescript condo complex near Miami, was battered by Hurricane Irma in 2017. The storm tore up the roof, causing water damage across Samari’s 635 units, home to retirees and blue-collar workers. The complex’s insurer, Heritage Property & Casualty Insurance, said the damage was only $22,107. In April, after a lengthy court battle, Heritage paid $17.9 million. The insurer didn’t respond to requests for comment.
Persons: Hurricane Irma Organizations: Heritage, Casualty Insurance Locations: Miami
☆ Homeowners Flock to Last-Resort Insurance Policies
  + stars: | 2023-10-04 | by ( Jean Eaglesham | Photographs Rozette Halvorson For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/homeowners-flock-to-last-resort-insurance-policies-a7ae9439
Persons: Dow Jones
☆ Flood-Insurance Program Faces a Backlash—and a Deadline
  + stars: | 2023-09-21 | by ( Jean Eaglesham | Katy Stech Ferek | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/real-estate/flood-insurance-program-faces-a-backlashand-a-deadline-79c7de0e
Persons: Dow Jones
☆ Jean Eaglesham — Reporter at The Wall Street Journal
  + stars: | 2023-08-25 | by ( Jean Eaglesham | Miriam Gottfried | ) www.wsj.com   time to read: 1 min
Jean EagleshamJean Eaglesham is a reporter covering insurance for The Wall Street Journal. She's based in London but covers the industry worldwide. Her articles cover all types of insurance: car, home, life, commercial and catastrophe coverage. Jean has previously reported for the Journal on accounting and on the Securities and Exchange Commission. Before joining the Journal, she worked for the Financial Times, including as chief political correspondent.
Persons: Jean Eaglesham Jean Eaglesham, Jean Organizations: Wall Street, Securities and Exchange Commission, Financial Locations: London
☆ Rising Insurance Costs Start to Hit Home Sales
  + stars: | 2023-08-25 | by ( Jean Eaglesham | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/real-estate/rising-insurance-costs-start-to-hit-home-sales-d8787f0f
Persons: Dow Jones
☆ Israeli AI Startup Vesttoo Sparks a Global Insurance Scandal
  + stars: | 2023-08-04 | by ( Jean Eaglesham | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/israeli-ai-startup-vesttoo-sparks-a-global-insurance-scandal-cdeb5fee
Persons: Dow Jones
☆ Home Insurers Are Charging More and Insuring Less
  + stars: | 2023-07-30 | by ( Jean Eaglesham | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/home-insurers-are-charging-more-and-insuring-less-9e948113
Persons: Dow Jones
☆ Facing Big Storm Losses, Insurers Aim to Boost Rates
  + stars: | 2023-07-21 | by ( Jean Eaglesham | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/facing-big-storm-losses-insurers-aim-to-boost-rates-f70211d6
Persons: Dow Jones
☆ Insurers Are in the Hot Seat on Climate Change
  + stars: | 2023-07-13 | by ( Jean Eaglesham | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/insurers-are-in-the-hot-seat-on-climate-change-74e27330
Persons: Dow Jones
☆ Farmers Limits Insurance Sales in Florida and California
  + stars: | 2023-07-11 | by ( Jean Eaglesham | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/farmers-limits-insurance-sales-in-florida-and-california-206fe83
Persons: Dow Jones Locations: florida, california
☆ Car Insurance Rates Are Soaring With Little Relief in Sight
  + stars: | 2023-06-24 | by ( Jean Eaglesham | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/car-insurance-rates-are-soaring-with-little-relief-in-sight-66138e2a
Persons: Dow Jones
☆ Home Insurers Including AIG Curb New Policies in Risky Areas Nationally
  + stars: | 2023-06-08 | by ( Jean Eaglesham | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/home-insurers-curb-new-policies-in-risky-areas-nationally-c93abac0
Persons: Dow Jones
☆ There Were Runs on Banks, Not on Insurers. Here’s Why.
  + stars: | 2023-05-30 | by ( Jean Eaglesham | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/there-were-runs-on-banks-not-on-insurers-heres-why-c9eea5f0
☆ EY Breakup Plan Is Really Dead
  + stars: | 2023-05-01 | by ( Jean Eaglesham | Mark Maurer | Alexander Saeedy | ) www.wsj.com   time to read: 1 min
EY is dealing with the aftermath of an effort to split the firm’s auditing and consulting operations. Photo: MAJA SMIEJKOWSKA/REUTERSWhen Ernst & Young dropped its breakup plan, the firm’s executives said they remained committed to achieving the split. Since then, it has become clear that the effort is dead, at least for the next few years, according to internal webcasts and people familiar with the matter. Leaders of EY’s dominant U.S. and U.K. operations are focused on repairing the damage from the 18-month effort to split the firm’s auditing and consulting operations, known as Project Everest.
☆ EY Confronts Slowing Growth After Breakup Deal Fails
  + stars: | 2023-04-20 | by ( Jean Eaglesham | Alexander Saeedy | ) www.wsj.com   time to read: 1 min
Growth at EY’s U.S. operation has slowed every month since December. Photo: PETER NICHOLLS/REUTERSOn a staff call this week, a senior Ernst & Young executive delivered an exhortation to the troops: Bill clients “every hour we can get our hands on.”A failed breakup attempt cost the company $600 million. Employees are angry. But that might be the least of it: The outlook for EY’s business of charging for advice and accounting is getting weaker in the U.S. by the month.
☆ Climate Rules Expose Surprising Splits Among Businesses
  + stars: | 2023-04-17 | by ( Shane Shifflett | Jean Eaglesham | ) www.wsj.com   time to read: 1 min
Regulators knew they were facing a political hornet’s nest when they launched a plan that would force businesses to disclose their carbon emissions and other climate data. The fight has been just as bitter among companies. They are split between businesses that believe climate disclosure can boost profits and those that see it as costly, complicated and useless, a Wall Street Journal analysis of hundreds of comment letters on the proposed rules shows.
☆ EY Breakup Plan Doomed by Miscalculations and Powerful Opponents
  + stars: | 2023-04-13 | by ( Jean Eaglesham | Alexander Saeedy | Mark Maurer | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ey-breakup-plan-doomed-by-miscalculations-and-powerful-opponents-61b7e02d
☆ Ernst & Young Halts Breakup Plan After Revolt by U.S. Leaders
  + stars: | 2023-04-11 | by ( Jean Eaglesham | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ernst-young-halts-breakup-plan-bd2e2fa0
☆ Auditors Didn’t Flag Risks Building Up in Banks
  + stars: | 2023-04-10 | by ( Jean Eaglesham | ) www.wsj.com   time to read: 1 min
When KPMG LLP gave Silicon Valley Bank a clean bill of health just 14 days before the lender collapsed, the Big Four audit firm flagged potential losses on loans as a so-called critical audit matter. But the audit opinion was silent on what actually brought down the bank—its unrealized bond losses and ability to hold them given a reliance on potentially flighty deposits. “The auditors failed to mention the fire in the basement or the box of dynamite on the first floor, but they did point out the peeling paint on the flower box,” said Erik Gordon , a University of Michigan business professor. “How could they miss the interest-rate risk?”
☆ EY Fails to Reach Deal on Split
  + stars: | 2023-04-01 | by ( Jean Eaglesham | Mark Maurer | Alexander Saeedy | ) www.wsj.com   time to read: 1 min
EY global leader Carmine Di Sibio says the accounting firm is continuing to work toward a transaction. The unexpected revolt that has upended the planned breakup of accounting firm Ernst & Young is being driven by two longtime U.S. auditors who believe their part of the firm could end up weakened by a deal. John King and Frank Mahoney, senior U.S. EY executives, have emerged as key opponents to the firm’s plan for a worldwide split of its auditing and consulting arms, according to people familiar with the matter.
☆ EY Breakup Plan’s Fate May Rest on Executive Showdown This Week
  + stars: | 2023-03-28 | by ( Jean Eaglesham | ) www.wsj.com   time to read: 1 min
Carmine Di Sibio, global leader of Ernst & Young, faces opposition to his plan for splitting the firm’s consulting and auditing businesses. The fate of Ernst & Young’s proposed split may be determined in Silicon Valley this week when feuding executives meet to hash out a deal that is acceptable to all factions. One of those powerful factions won’t be represented at the meeting and doesn’t even work for the global auditing firm. Yet some of EY’s retired partners are playing a key role in trying to block the deal.
☆ EY’s U.S. Auditors Are Demanding Concessions in Split
  + stars: | 2023-03-23 | by ( Jean Eaglesham | ) www.wsj.com   time to read: 1 min
Divisions between Ernst & Young’s leaders are threatening to scuttle a planned breakup of the global accounting firm. Ernst & Young ’s renegade U.S. auditors are demanding that the firm examine the financial health of its potential offspring as they block a breakup of the global accounting firm. Julie Boland , EY’s U.S. chair and managing partner, called for rethinking the split, which has been in the works for more than a year. The U.S. audit partners want a bigger piece of the firm’s lucrative tax business.
☆ EY Breakup Plan Stalled on Partners Split
  + stars: | 2023-03-16 | by ( Jean Eaglesham | Alexander Saeedy | ) www.wsj.com   time to read: 1 min
EY plans to split its global auditing and consulting business, but a convoluted ownership structure raises issues. Ernst & Young ’s breakup plan is in jeopardy and the accounting firm’s leaders are trying to salvage the deal by placating restive U.S. partners without pushing its overseas executives too far, people familiar with the matter said. The Big Four accounting firm has suffered a series of delays in its plan to split its global auditing and consulting businesses. Now, top executives are considering several backup options, including selling off just the non-U. S. consulting operation, likely to a private-equity buyer, the people said.
☆ KPMG Faces Scrutiny for Audits of SVB and Signature Bank
  + stars: | 2023-03-13 | by ( Jonathan Weil | Jean Eaglesham | ) www.wsj.com   time to read: 1 min
Silicon Valley Bank failed just 14 days after KPMG LLP gave the lender a clean bill of health. Signature Bank went down 11 days after the accounting firm signed off on its audit. What KPMG knew about the two banks’ financial situation and what it missed will likely be the subject of regulatory scrutiny and lawsuits.
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