LATIN AMERICA
Peru declared a 90-day state of emergency on Sept. 24 in the Peruvian Amazon communities of Cuninico and Urarinas after a recent oil spill in nearby rivers.
Around 5,600 tire industry workers went on a strike in Argentina, forcing tire manufacturers, including Bridgestone Corp. and Pirelli & C. SpA, to suspending production,
According to U.S.-based A.M. Best Co. Inc., business interruption claims are expected to drive insured and reinsured losses from Hurricane Fiona higher as companies struggle to restart operations in the wake of the massive storm.
The U.S. Geological Survey said that a 6.8-magnitude earthquake struck the Mexican state of Michoacan on Sept. 22, causing landslides and damaging buildings, NPR reported citing The Associated Press. This quake.
Argentina's largest oil and gas industry workers union launched an indefinite strike on Sept. 23 following an explosion at the Argentine company New American Oil SAs refinery in Neuquen province that killed three workers.
Chuck Watson of disaster modeling firm Enki Research expects Hurricane Fiona to inflict around $4 billion worth of damage in Puerto Rico and Dominican Republic, as the strong hurricane threatens the Caribbean islands with catastrophic floods and mudslides.
A part of the Brazilian container company Multiteiner Com Loc de Conteineres Ltda.s warehouse near Sao Paulo collapsed on Sept. 20, killing at least nine people, and injuring over 30 others.
Brazilian low-cost airline Gol Linhas Aereas Inteligentes SA has agreed to settle its bribery charges by paying a total of $41.5 million in penalties to U.S. and Brazilian authorities.
A ransomware gang, which hacked into the Brazilian state of Rio Grande do Suls court system on April 28, has demanded $5 million in ransom after shutting down the network.
Overflowing rivers flooded several parts of the Department of Cochabamba in Bolivia, blocking parts of the Cochabamba Santa Cruz highway and causing severe transport disruptions.
The municipality of Oriximina in the Brazilian state of Para declared an emergency on April 22, after the Trombetas River broke its banks and caused flooding in the region.
St. Vincent and the Grenadines Finance Minister Camillo Gonsalves said that the continuously erupting La Soufriere volcano could cost up to 50% of the Caribbean islands gross domestic product, damaging economy already battered by the COVID-19 pandemic.
Indigenous people of Colombia and Brazil have sued French mass market retail group Casino Guichard Perrachon SA for allegedly selling beef linked to deforestation, land-grabbing and violence against indigenous communities in the Amazon rainforest.
Workers at South Korean firm LG Electronics Inc.s Taubate, Brazil-based factory went on an indefinite strike on April 13, protesting against the firms proposed compensation plan following its announcement of exit from the smartphone business.
Local authorities in the municipality of El Carmen de Bolivar in northern Colombia have declared a state of disaster after heavy rains and flash floods on April 12 caused severe damage.
Perus National Institute of Civil Defense has reported damage to many roads, crops, bridges and homes in several provinces of Loreto and San Martin regions due to overflowing of rivers since early April.
Continued eruptions of La Soufriere volcano on the Caribbean island of Saint Vincent since April 9 has prompted the cancelation of several flights to the island, with ash clouds from the volcano now threatening flight services to and from neighboring islands.
Cayman Islands-based Caribbean Catastrophe Risk Insurance Facility SPC is seeking consulting support for further expansion of its risk transfer product portfolio, scope and coverage in the Caribbean and Central American regions.
The Caribbean island of St. Vincents La Soufrière volcano, which erupted on April 9, continued to rumble on April 11, triggering widespread power outages and prompting evacuation of residents.
The Pacaya volcano in Guatemala is maintaining high levels of activity this month and has damaged coffee and avocado plantations and also caused wildfires.
Brazils insurance regulator Superintedrncia de Seguros Privados board of directors has unanimously decided to end the special inspection of reinsurer IRB Brasil Resseguros S/A it commenced in May 2020.
The National Emergency Management Organization in Saint Vincent and the Grenadines said a new swarm of volcano-tectonic earthquakes began on April 5 at a depth around 3.7 miles below the summit of the La Soufriere active volcano.
A total of 10 automakers in Brazil including Volkswagen AG, Renault SA, and Volvo AB said they have suspended their production totally or partially at 18 plants, sending over 50,000 workers home for up to 15 days, due to the COVID-19 pandemic.