Magistrate Judge Transfers Captive Reinsurance Class Action

Mealey's (March 30, 2016, 11:38 AM EDT) -- SAN JOSE, Calif. — A federal magistrate judge in California on March 25 granted the transfer of a Racketeer Influenced and Corrupt Organizations Act (RICO) class action suit regarding certain captive reinsurance transactions to a federal court in Iowa (Rachel Silva, et al. v. Aviva Plc, et al., No. 15-cv-02665, N.D. Calif.; 2016 U.S. Dist. LEXIS 40617)....