Archive for June 2017
DTRIC in Hawaii Becomes Wholly-Owned Subsidiary of Aioi Nissay
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 Journal
Read MoreCalifornia Continues to Move Toward Letting Customers Sue Banks
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
Read MoreHNW Property Claims Consultant
HNW Property Claims Consultant Chicago, IL This well-established client is an insurance company in a growth mode. This growth and expansion has created a need for an experienced HNW Personal Lines Property Claims Specialist. Role Summary You will manage the assigned first-party claims through coverage analysis, investigation, reserving and resolution. You will be the subject matter expert on these property claim files. As the…
Read MoreBeef Products Firm Agrees to Settle with ABC in ‘Pink Slime’ Case
By Andrew G. Simpson South Dakota meat processor Beef Products Inc. has settled its defamation and libel suit against American Broadcasting Company and its reporter Jim Avila, BPI said in a statement on Wednesday. BPI claimed ABC, a unit of Walt Disney Co, and … Read More Read more here:: Insurance Journal
Read MoreAlaska Marijuana Board to Revisit On-Site Consumption
By Don Jergler The Alaska Marijuana Control Board will discuss three different options for on-site marijuana consumption proposed by board members at its next meeting. Board member Loren Jones’s proposal would make it legal to try marijuana then leave. The site couldn’t have … Read More Read more here:: Insurance Journal
Read More2 Fires at California Rehab Center Being Looked into by Arson Investigators
By Don Jergler An arson team in California is investigating after two vacant buildings were destroyed by fire at the 129-year-old Rancho Los Amigos National Rehabilitation Center in Los Angeles County. Officials say crews responded to the first fire around 2:30 a.m. Monday … Read More Read more here:: Insurance Journal
Read MoreSnowmelt-driven River Swelling Forces Evacuation of 90 California Homes
By Don Jergler Authorities say 90 homes remain under mandatory evacuation orders following levee breaches along a river in California, the result of the state’s huge springtime snowpack melting in the summer heat. The Tulare County Sheriff’s Office posted aerial photos showing several … Read More Read more here:: Insurance Journal
Read MoreUtah Blaze Now Nation’s Largest Active Wildfire
By Don Jergler The nation’s largest wildfire is burning in Utah and has forced more than 1,500 people from their homes and cabins in a mountain area that’s home to a ski town. Firefighters battled high winds Monday as they fought a fire … Read More Read more here:: Insurance Journal
Read MoreUSI to Acquire Wells Fargo Insurance Businesses
By Andrew G. Simpson Wells Fargo is selling its insurance business to national brokerage USI Insurance Services. USI said it has agreed to acquire Wells Fargo Insurance Services USA that includes brokerage and consulting, employee benefits and property/casualty national practices, along with Safehold Special … Read More Read more here:: Insurance Journal
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