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Christopher William Diemel
– Managing Editor & Publisher
The Latest
Global Hawk Executives Indicted in Northern District of California
December 22, 2023Global Hawk Insurance Company Risk Retention Group (Global Hawk) President and Treasurer Jasbir S. Thandi has been indicted in the United States District Court for the Northern District of California. Global Hawk Vice President and Secretary Sandeep Sahota and Jaspreet Padda—an investment advisor for Global Hawk—were also indicted. The indictment was filed on November 16, 2023, and unsealed on December ...
Transitions and Moving Past COVID: VCIA President Kevin Mead on the 2023 Conference
June 30, 2023The 2023 VCIA Conference will be held from August 7th to 10th in Burlington, Vermont. Vermont is the largest domestic captive domicile with over six hundred domiciled captives. Vermont is also the leading risk retention group domicile with 80 domiciled risk retention groups that reported gross written premium of $2,928.5 million in 2022—60 percent of all risk retention group premium. ...
Florida Bill Endangers Commercial Auto Coverage for RRG Members
March 30, 2023Florida Bill 516 (the Bill) was unanimously approved by the Committee on Banking and Insurance (Committee) of the Florida Senate at hearing held on March 22, 2023. The Bill would require risk retention groups writing commercial auto liability in Florida to carry a Financial Strength Rating of “A” or higher and be of a Financial Size Category (FSC) of VIII ...