Profile

Cover photo
Becky Yerak
Works at Chicago Tribune
Attended Ohio State University, Willoughby South High School, Immaculate Conception School
Lives in Chicago, IL
269 followers|29,119 views
AboutPostsPhotosYouTube

Stream

Becky Yerak

Shared publicly  - 
 
The state of Illinois' three biggest car insurers, all headquartered in the Land of Lincoln, saw their 2013 annual growth rates dwarfed by that of Geico. Also in 2013, Geico fulfilled earlier predi...
1
Add a comment...

Becky Yerak

Shared publicly  - 
 
One of favorite Chicago Tribune profiles in recent years.
One of my favorite Chicago Tribune stories from 2014 was a profile of Chicago real estate investor Hersch Klaff. Klaff, a one-time Chicago Cubs bidder, was part of a group that had just bought the ...
1
Add a comment...

Becky Yerak

Shared publicly  - 
 
Two funeral-products companies, including a family-owned business in Joliet, IL, are now owned by the same private equity firm, the Chicago Tribune reported recently:
1
Add a comment...

Becky Yerak

Shared publicly  - 
 
Many car insurers have programs that give discounts to drivers in return for monitoring their braking and mileage, but Progressive is the first big player to add driver location to the mix, the Chicago Tribune reports.
Many insurance companies have programs in which they monitor policyholders' driving in return for potential discounts, but Progressive is the first major one to test tracking of location as well, t...
1
Vince Schmidt's profile photoBecky Yerak's profile photo
2 comments
 
Thanks for the offer, Vince. I haven't owned a car since 2003, but if that changes, I'll keep you in mind :)
Add a comment...

Becky Yerak

Shared publicly  - 
 
Would you use financial services offered by your local post office?
Bill Moller and I discuss:
1
Add a comment...

Becky Yerak

Shared publicly  - 
 
Beanie Babies founder Ty Warner last week said he deserved probation for his "terrible mistake" of tax evasion. Federal prosecutors disagree:
The creator of Beanie Babies deserves prison for tax evasion, federal prosecutors said Tuesday. Last week, Ty Warner argued that his "terrible mistake" warranted only probation. The Chicago Tribune...
1
Tim O'Donnell's profile photo
 
Oh wow! I am very suprised.
Add a comment...
Have her in circles
269 people
Emily McCormick's profile photo
Heidi French's profile photo
Banda Inocentes do Rock's profile photo
David Streich's profile photo
Himanshu Jain's profile photo
Larry Wayne's profile photo
Danny Miller's profile photo
Larry Rosenthal's profile photo
evan jony's profile photo

Becky Yerak

Shared publicly  - 
 
The mysterious case of the suburban Chicago bank who was warning customers to not use debit or credit cards in cabs
One of the more mysterious stories that I did in 2014 was about the suburban Chicago bank who was cautioning customers about using their debit or credit cards in local taxis. Here is an earlier sto...
1
Add a comment...

Becky Yerak

Shared publicly  - 
 
Latest example of an investment firm deciding to inhale in a burgeoning pot industry
Lincoln Park Capital of Chicago will invest up to $27 million in a Maryland company that plans to use some of the money for medical marijuana research, the Chicago Tribune reported recently.Jars co...
1
1
Chicago News Rag @TheNewsRag's profile photo
Add a comment...

Becky Yerak

Shared publicly  - 
 
Who wants to wear Google Glass, and even if you do, would you like to access credit-card information from the wearables? Discover Financial, the Riverwoods, IL-based credit card company, believes that its cardholders might want to check out their balances wearing the things.
Discover, the Riverwoods, IL-based credit card company, plans to introduce an app enabling customers to access basic account information on their wearable Google Glasses, the Chicago Tribune report...
1
Add a comment...

Becky Yerak

Shared publicly  - 
 
Watch out, Mayhem & Flo: Will driverless cars mean the end of auto insurance?
 A recent Page 1 story in the Chicago Tribune examines what the eventual coming of driver-less cars will mean for the auto insurance industry. This Mercedes-Benz S500 Intelligent Drive was tested d...
1
Tim O'Donnell's profile photo
 
I hope so! Especially for Mayhem. 
Add a comment...

Becky Yerak

Shared publicly  - 
 
Heading to the post office last week to mail a birthday package, I was worried that the line might be long and slow. Now, the U.S. Postal Service is considering offering financial products, the Chicago Tribune reports. What do you think?
As if lines at the post office weren’t already slow:The U.S. Postal Service is considering adding new financial products, including its own reloadable prepaid card and small loans, as a way to gene...
1
Ruth Groom's profile photo
 
Becky...no offense ....I am just a grandmother who has invested for a while for my kids and now granddaughter for her college...she is 8....don't know how to contact you but if you are going to write about stocks...study up..do your DD..Nuvilex is not foremost a mmj company...they are a bio company that will rival Eli Lilly and Celgene on their technology....they will be the standard for Pancreatic Cancer...I am sorry for your readers...but I get tired of this...you guys writing about companies who try to save lives and you know nothing about it...
Add a comment...

Becky Yerak

Shared publicly  - 
 
Do you think the billionaire creator of Beanie Babies should be sentenced to prison, even after paying civil penalties and back taxes and interest? My first Chicago Tribune story in 2014:
Ty Warner makes case for leniency in his upcoming sentencing; he faces up to five years in prison. In a court filing, he details his "unhappy" childhood.    
1
Tim O'Donnell's profile photoBecky Yerak's profile photo
3 comments
 
Thanks Tim. I appreciate the feedback
Add a comment...
People
Have her in circles
269 people
Emily McCormick's profile photo
Heidi French's profile photo
Banda Inocentes do Rock's profile photo
David Streich's profile photo
Himanshu Jain's profile photo
Larry Wayne's profile photo
Danny Miller's profile photo
Larry Rosenthal's profile photo
evan jony's profile photo
Work
Occupation
Banking, insurance and private equity reporter for the Chicago Tribune. On Twitter as @beckyyerak
Employment
  • Chicago Tribune
    Financial services reporter, 2003 - present
  • Detroit News
    Casino, sports business reporter, 1998 - 2003
  • Plain Dealer
    General business reporter, 1989 - 1998
  • Palm Beach Post
    General business reporter, 1985 - 1989
  • Orlando Business Journal
    General business reporter, 1984 - 1985
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
Chicago, IL
Previously
Detroit, Mich. - Cleveland, OH - West Palm Beach, FL - Orlando, FL - Columbus, OH
Contact Information
Home
Email
Address
Chicago Tribune, 435 N. Michigan Ave., Chicago, IL 60611
Work
Phone
1-312-222-4283
Mobile
1-312-823-7514
Email
Fax
1-312-222-1172
Story
Tagline
Becky Yerak is the banking, insurance and private equity reporter for the Chicago Tribune.
Introduction

Becky Yerak is a Chicago Tribune reporter who writes about banking, insurance and private equity, as well as movers and shakers in those industries. She’s also interested in trends related to borrowing, earning and spending.

The Cleveland-area native previously worked for the Detroit News, the (Cleveland) Plain Dealer, the Palm Beach Post and Orlando Business Journal.  She has a bachelor’s in journalism from Ohio State University.
 
Yerak’s many hobbies include going to the movies. She’s a member of the Southport Cine-Club, a monthly film discussion group.
 
Yerak is active at Blind Services Association of Chicago, where she records books and reads to the blind, and is a lector and acolyte at St. Peter’s in the Loop. That includes wearing a long white robe, helping to serve communion during Mass, and doing the two readings before the priest declares the gospel.
 
She likes getting pampered in the spa at Nordstrom, where she’s also on a first-name basis with many members of the sales force in the accessories department.

She also likes to travel, explore Chicago and take Illinois road trips; eat premium ice cream and Italian food; and get eight hours of sleep a night.

She’s still fond of sending snail mail, and her pleasure-reading choices are often dictated by what books and magazines are discarded in the laundry room of her apartment building. She regularly takes classes at the Newberry Library.

Yerak also likes watching TV. Her default stations are Cspan, AMC, Animal Planet, Discovery, History Channel and Fearnet. Her favorite shows are the "Walking Dead" and "Dancing with the Stars."

 
Bragging rights
During the financial crisis, appeared two straight nights on nationally televised, primetime "On the Record" on Fox News with Greta Van Susteren. Hasn't had an error in a story since 2008. Perfect work attendance since 1999. Top M&Ms seller two consecutive years on high school student council without any parental help. Alec Baldwin and Michelle Malkin have both retweeted her. Ran 1996 Columbus, Ohio, marathon in 3:40; was homerun leader in pigtail softball league; won a foul-shooting contest at a basketball camp in Willoughby, OH, for teen girls (8/10)
Education
  • Ohio State University, Willoughby South High School, Immaculate Conception School
Basic Information
Gender
Female