Deputy Finance Editor, Dow Jones Newswires
Deputy finance editor and insurance reporter at Dow Jones Newswires. San Francisco Giants fan. Enchilada-maker. Amateur cat behaviorist.
blogs.wsj.com — By Erik Holm and Joseph Walker Ted Weschler, one of the new portfolio managers at Berkshire Hathaway Inc., has personal holdings in companies he's invested in on Berkshire's behalf, regulatory filings show. Weschler's holdings pre-date his joining Berkshire, the massive conglomerate run by Warren Buffett, according to the filings.
online.wsj.com — Insured losses from the tornadoes and severe storms that struck a large swath of the U.S. this week could reach $5 billion, according to the disaster-modeling company Eqecat.
online.wsj.com — Institutional Shareholder Services, the proxy advisory firm, agreed to pay a $300,000 penalty to settle charges that an employee leaked confidential information on proxy votes for roughly five years.
newsok.com — Immediately contact your insurance agent or a company representative. * Inspect property and cars for damage. * Inventory the losses and photograph the damage. Save related receipts to assist with claims handling. * Secure property from further damage or theft. * Check the background and legitimacy of repair contactors.
blogs.wsj.com — An investigation by New York's top financial regulator into investment firms snapping up "fixed annuity" businesses comes amid a harsh reality: These firms are about the only buyers putting in serious bids for the growing number of annuity units up for sale, according to industry bankers and analysts.
online.wsj.com — Many coastal New Jersey residents are resisting a $1 billion state plan to shield shore-front towns from storms with towering dunes and a mix of protective measures. As some cite fears the sand-replenishment projects would drag down their property values, about 1,800 landowners have declined to sign agreements to allow construction on their property, said Larry Ragonese, a spokesman for the state Department of Environmental Protection.
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