Posts From the monthly archives: "June 2017"

By Andrew G. Simpson A federal judge in California on Wednesday allowed some claims to proceed by investors who sued Volkswagen AG over its diesel emissions scandal, but agreed to the German automaker’s request to dismiss parts of the lawsuit. U.S. District Judge Charles … Read More Read more here:: Insurance Journal &nbsp…(Read More)

By Don Jergler Sacramento, Calif.-based Owen-Dunn Insurance Services has embarked on a national expansion with the launch of ODI Group Captive to meet demand from mid-size business owners for captive insurance. In addition to creating its new group captive, the brokerage brought on … Read More Read more here:: Insurance Journal &nbsp…(Read More)

By Don Jergler JLT Specialty USA has named Jennifer Schaeffer senior vice president. Schaeffer will be based in Based in San Francisco, Calif. She will focus on business development with specialties in technology, fintech and private equity. Schaeffer has experience in corporate risk … Read More Read more here:: Insurance Journal    &nbsp…(Read More)

By Elizabeth Blosfield A subway train derailed Tuesday as it entered a station, tossing people to the floor, forcing hundreds of shaken-up passengers to evacuate through darkened tunnels and delivering another jolt to a transit system plagued by aging equipment and reliability problems. … Read More Read more here:: Insurance Journal   &nbsp…(Read More)

By Don Jergler Alliant Insurance Services Inc. has named Andrew Laing a producer within the company’s Alliant Americas middle market division. Laing will be based in Portland, Ore. and be responsible for the design and delivery of insurance and risk management solutions to … Read More Read more here:: Insurance Journal   &nbsp…(Read More)

By Don Jergler NFP Corp. has acquired Flagstaff, Ariz.-based International Insurance Group Inc. Nate Watson, chief operating officer of IIG, will join as managing director of NFP’s property/casualty business and report directly to Terry Scali, CEO of NFP’s P/C business. The sellers, Jim … Read More Read more here:: Insurance Journal…(Read More)

By Don Jergler Honolulu, Hawaii-based DTRIC Insurance Company Ltd. is now wholly-owned by Aioi Nissay Dowa Insurance Co. Ltd., a subsidiary of the MS&AD Insurance Group in Japan. ADI has been DTRIC’s majority shareholder since 1992. This transaction completes ADI’s buyout of the … Read More Read more here:: Insurance…(Read More)

By Don Jergler California has taken another step on toward allowing state residents to sue financial institutions for fraud, rather than letting banks force customers to settle disputes in arbitration, as a bill inspired by last year’s Wells Fargo scandal passed a key … Read More Read more here:: Insurance Journal   &nbsp…(Read More)

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