Monthly Archives: <span>December 2018</span>

Lawyers Scramble to Get Piece of the Action in California Wildfire Lawsuits

In a conference room 13 miles from Paradise, California, Doug Boxer explains to survivors of the state’s worst wildfire why they should choose his law firm to sue PG&E Corp. He walks a fine line between listening to victims coping …

Judge Dismisses Privacy Suit Against Google Over Facial Recognition Technology

A lawsuit filed against Google by users who said the world’s largest search engine violated their privacy by using facial recognition technology was dismissed by a judge on Saturday. U.S. District Judge Edmond E. Chang in Chicago cited a lack …

Generali Hikes Stake in Indian Insurance Joint Venture to 49% from 25.5%

Generali Group has finalized its agreement to increase its stake in its Indian insurance joint venture with Future Group to 49 percent from 25.5 percent. Through this transaction, Generali has committed up to approximately €120 million ($137.3 million) to its …

FM Global Names Fidler SVP, Chief Human Resources Officer in Rhode Island

FM Global, a commercial and industrial property insurer, has named Deanna Fidler as senior vice president and chief human resources officer. In this role, she is based at FM Global’s corporate offices in Johnston, R.I., and succeeds Enzo Rebula, who …

Arthur J. Gallagher & Co. Acquires Pennsylvania’s Preston-Patterson Co.

Arthur J. Gallagher & Co. has acquired Conshohocken, Penn.-based Preston-Patterson Co. Inc. Terms of the transaction were not disclosed. Founded in 1947, Preston-Patterson is a retail property and casualty insurance broker offering a range of coverages and services to broadcasters …

New York Transformer Explosion Lights Sky, Causes Power Outages

A transformer explosion at an electrical plant set the skies above New York City ablaze in an eerie, pulsing blue light Thursday night, causing scattered power outages, delaying flights and sparking a social media storm of jokes about an alien …

Insurance Journal East’s Top Stories for 2018: Tax Cuts & Jobs Act, Auto Insurance, Mass. Gas Explosions

As Insurance Journal looks back on the most popular stories of 2018, its readers in the East region showed interest in a variety of topics from auto insurance to the September gas explosions in Massachusetts to state lawsuits. However, the …

Insurance Journal West’s Top Stories for 2018: California Commissioner Race, Hawaii Lava, Wildfire Losses

Another year down, and too many fascinating news headlines to count. Hawaii’s lava, the race for California insurance commissioner, and a $23 million ruling in a lawsuit against Geico were among the most popular stories in Insurance Journal’s Western region. …

China Re Completes Purchase of Chaucer Holdings from Hanover Insurance

China Reinsurance (Group) Corp. announced it has completed the 100 percent equity acquisition of Chaucer Holdings Ltd. — the major portion of Hanover Insurance Group’s Lloyd’s international specialty business. The acquisition of Chaucer Insurance Co. DAC (Chaucer Dublin) and Hanover …

Top Insurance Journal International Stories of 2018

Mergers & acquisitions drew a lot of interest from the readers of Insurance Journal’s International section in 2018 with 11 of the top 25 articles focusing on Marsh & McLennan’s acquisition of JLT, AXA’s purchase of XL Group and AIG’s …