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Australian, North American Units of World’s Largest Meat Supplier Hit by Cyber Attack

MELBOURNE – Australian and North American units of the world’s largest meat works were hit over the weekend by an organized cyber attack on its information systems, Brazil’s JBS SA said in a statement. The attack caused its Australian operations …

Heavy Rain Causes Floods in New Zealand’s Canterbury Region, Forcing Evacuations

WELLINGTON, New Zealand (AP) – Several hundred people in New Zealand were evacuated from their homes Monday with some recounting dramatic helicopter rescues as heavy rain caused widespread flooding in the Canterbury region. Authorities declared a state of emergency after …

Swiss Financial Watchdog Requires Insurers, Banks to Disclose Climate Change Risks

ZURICH – Large Swiss banks and insurance companies will have to provide qualitative and quantitative information about risks they face from climate change, Swiss financial watchdog FINMA said on Monday as it released an amended publication on disclosure. FINMA’s updated …

German Insurtech Wefox Raises $650M in Funding, Valuing Firm at $3B

BERLIN – Digital insurance startup Wefox said on Tuesday it had raised $650 million from investors, in what it called a record-breaking round for a so-called insurtech company that valued the business at $3 billion. The funding means Berlin-based Wefox …

Workers’ Comp Insurer SUNZ Expands into 13 Additional States

Florida-based SUNZ Insurance Co. is now licensed to write workers’ compensation policies in 13 additional states: Colorado, Hawaii, Iowa, Nevada, New Hampshire, New Mexico, South Carolina, South Dakota, Utah, Vermont, Virginia, West Virginia and Wisconsin. With the addition of these …

Wrongful Death Suit Filed Against County, Insurers Over Fatal 2020 Alabama Marina Fire

A lawsuit filed over a dock fire that killed eight people at a county marina in north Alabama last year contends officials failed to ensure the safety of the structure. The wrongful death suit names Jackson County commissioners at the …

Too Little, Too Late? Breaking Down Florida’s Latest Property Insurance Reforms

A bill passed by the Florida Legislature to address the state’s property insurance crisis has created optimism among some stakeholders, while others say it will not reduce rates over the next 18 to 24 months or stop the state’s out-of-control …

U.S. Updates Guidance on COVID Vaccine Mandates, Incentives, Privacy in Workplace

Federal employment laws do not prevent an employer from requiring all employees physically entering the workplace to be vaccinated for COVID-19, the Equal Employment Opportunity Commission (EEOC) has affirmed. Also, employers may offer incentives for employees to get vaccinated and …

AssuredPartners Acquires Anchor Pardue Insurance of Alabama

AssuredPartners has acquired Anchor Pardue Insurance of Mountain Brook, Ala. Anchor Pardue is the second acquisition in May for Assured Partners and its 18th acquisition in 2021. The team will remain under the leadership of Richard Pardue, president, and Lisa …

FEMA Approves More Flood Aid for 22 Kentucky Counties

Kentucky’s request for individual assistance for 22 additional counties hit by severe flooding has been approved by the Federal Emergency Management Agency, Gov. Andy Beshear said Friday. Assistance can include grants for temporary housing and home repairs, plus low-cost loans …

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