Monthly Archives: <span>December 2021</span>

Wright National to Acquire Federal Flood Policies of Westfield Insurance

Wright National Flood Insurance Co. said it will acquire the current flood insurance book of business from Westfield Insurance Co. and will service, administer and issue flood coverage under the National Flood Insurance Program for Westfield policyholders and agents going …

Trial Begins in January of Alleged Thieves of Dresden Jewelry, Worth $129M

BERLIN (AP) – Six men will go on trial in Germany next month over their alleged role in the spectacular theft of 18th-century jewels from a Dresden museum in 2019, a court said Wednesday. The Dresden state court said that …

People Moves: Chubb Promotes 2 Senior Leaders in Canada

Chubb has appointed Paul Johnstone, Chubb Canada’s current executive vice president, Personal Risk Services, to the role of Chubb Canada chief operating officer, reporting to John J. Alfieri, president, Chubb Canada. In this new role, Johnstone will have executive operating …

Spain’s Volcanic Eruption Ends but Emergency Remains With Widespread Damage

MADRID (AP) – Authorities on one of Spain’s Canary Islands declared a volcanic eruption that started in September officially finished Saturday [Dec. 25] following 10 days of no lava flows, seismic activity or significant sulfur dioxide emissions. But the emergency …

Top 10 International Insurance Journal Stories of 2021

For the third consecutive year, the tale of Aon’s on-again, off-again bid to acquire Willis Towers Watson dominated international stories published by Insurance Journal. In fact, most of the top 10 international articles and nearly 25% of the top 100 …

Lighthouse Raises $65M for Debt Refi, Growth of Insurance Carrier

Lighthouse Management LLC has raised $65 million in capital, the company announced. The senior notes, issued in a private placement, will be used to refinance debt held by the group’s managing general agent, provide growth funding for the affiliated carrier, …

Top 10 Southeast Insurance Journal Stories of 2021

Florida’s distressed property insurance market continued to be a top concern for readers of the Insurance Journal’s Southeast section in 2021. From legislative reform attempts, to struggling insurance carriers, to the collapse of a 12-story condominium building, the Sunshine State …

Top 10 East Insurance Journal Stories of 2021

As 2021 comes to a close, Insurance Journal is looking back on its top stories of the year. In the East region, the ongoing COVID-19 pandemic remained top of mind for many readers. Beyond the pandemic, readers also took interest …

Top 10 National Insurance Journal Stories of 2021

News about two proposed but unrealized insurance acquisitions were the top national stories published by Insurance Journal in 2021, a year in which news on COVID-19 and ransomware also continued to dominate. Reports on the twists and turns of broker …

Top 10 West Insurance Journal Stories of 2021

Wildfires dominated headlines once again in Insurance Journal’s West region. Stories on wildfires in California, as well as efforts to aid homeowners affected by the fallout of several years of severe drought and massive wildfires, were among the most read …