Swiss Financial Watchdog Requires Insurers, Banks to Disclose Climate Change Risks June 1, 2021 ZURICH – Large Swiss banks and insurance companies will have to provide qualitative and quantitative information about risks they face...
German Insurtech Wefox Raises $650M in Funding, Valuing Firm at $3B June 1, 2021 By Douglas Busvine BERLIN – Digital insurance startup Wefox said on Tuesday it had raised $650 million from investors, in what it called...
Workers’ Comp Insurer SUNZ Expands into 13 Additional States June 1, 2021 Florida-based SUNZ Insurance Co. is now licensed to write workers’ compensation policies in 13 additional states: Colorado, Hawaii, Iowa, Nevada,...
Wrongful Death Suit Filed Against County, Insurers Over Fatal 2020 Alabama Marina Fire June 1, 2021 A lawsuit filed over a dock fire that killed eight people at a county marina in north Alabama last year...
Too Little, Too Late? Breaking Down Florida’s Latest Property Insurance Reforms June 1, 2021 By Amy O'Connor A bill passed by the Florida Legislature to address the state’s property insurance crisis has created optimism among some stakeholders,...
U.S. Updates Guidance on COVID Vaccine Mandates, Incentives, Privacy in Workplace June 1, 2021 Federal employment laws do not prevent an employer from requiring all employees physically entering the workplace to be vaccinated for...
AssuredPartners Acquires Anchor Pardue Insurance of Alabama June 1, 2021 AssuredPartners has acquired Anchor Pardue Insurance of Mountain Brook, Ala. Anchor Pardue is the second acquisition in May for Assured...
FEMA Approves More Flood Aid for 22 Kentucky Counties June 1, 2021 Kentucky’s request for individual assistance for 22 additional counties hit by severe flooding has been approved by the Federal Emergency...
Generali Launches $1.4 Billion Bid to Buy Remaining Shares of Italy Rival Cattolica June 1, 2021 By Sonia Sirletti Italy’s largest insurer Assicurazioni Generali SpA launched a 1.2 billion-euro ($1.4 billion) bid to buy all the shares it doesn’t...