Monthly Archives: <span>March 2019</span>

Arthur J. Gallagher & Co. Acquires Virginia’s McLean Insurance Agency

Arthur J. Gallagher & Co. has acquired Potomac Falls, Va.-based McLean Insurance Agency Inc. Established in 1971, McLean Insurance Agency offers retail property and casualty, life and employee benefit brokerage and consulting services to businesses and individuals throughout the Eastern …

Vermont Hospital Email Hack Exposes Info of More Than 72,000

Officials at a Vermont hospital say the information of more than 72,000 people may have been exposed during an email hack. Rutland Regional Medical Center says the email accounts had information such as patient names, medical records and contact information, …

New Jersey Sues California Company Over ‘Ghost Guns’

New Jersey’s attorney general announced a lawsuit Friday against a California company that sells mail-order firearms parts that can be turned into working weapons, the first such action the state has taken since it banned so-called ghost guns last year. …

This Corn Syrup Ad Lawsuit from MillerCoors Is For You, Bud Light

MillerCoors, maker of Miller Lite and Coors Lite beers, has sued Anheuser-Busch InBev, maker of Bud Light, claiming that Bud Light’s ads that debuted during this year’s Super Bowl over corn syrup are false and misleading advertising. The Bud Light …

NTSB Says Impaired Truck Driver Likely Cause of GOP Train Crash in Virginia

A trash truck driver who had marijuana in his system likely caused a fatal collision last year with an Amtrak train that was carrying Republican lawmakers, federal investigators concluded. The National Transportation Safety Board’s final report said the crash in …

UK Financial Services Firms Share Gloomiest Outlook Since 2008 Crisis: Survey

Optimism about the business outlook among Britain’s financial services firms has fallen at its fastest rate since the 2008 financial crisis amid concerns about Britain’s exit from the European Union, a survey showed on Monday. Business volumes among the 84 …

Brazil Mining Giant Vale Warns Another Tailings Dam Could Collapse

Brazilian mining giant Vale said Saturday [March 23] that communities in the southeastern state of Minas Gerais have been ordered to evacuate after independent auditors found that one of its dams could collapse at any moment. On Friday, the company …

Willis Re Names Claims Veteran Robson as Head of London Market Reinsurance Claims

Claims veteran Steve Robson has joined Willis Re as head of London Market Reinsurance Claims, effective immediately. He brings extensive client-side experience and perspectives, and supports the closer alignment of the servicing and placement teams of Willis Re, the reinsurance …

Marsh & McLennan Clears Final Regulatory Hurdle to Close on Buying JLT on April 1

Marsh & McLennan Cos. (MMC) announced on Friday, March 22 that the European Commission has approved its $5.6 billion acquisition of Jardine Lloyd Thompson Group plc. All regulatory and competition authority approvals required to close the transaction have now been …

RenaissanceRe Completes $1.5B Acquisition of Tokio Millennium Re

RenaissanceRe Holdings Ltd. announced it has concluded its acquisition of Tokio Marine Holdings’ reinsurance platform for $1.5 billion in cash and RenaissanceRe common shares. The acquisition of Tokio Millennium Re AG and Tokio Millennium Re (UK) Ltd. (collectively known as …