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“The Roundup” is Origami Risk’s weekly bulletin of headlines and resources impacting risk, compliance, safety, P&C insurance, and healthcare.

Mon, Aug 15 | Some insurance companies dropping Florida customers if they put solar panels on their homes 

Some insurance companies that covered solar panels in the past are no longer writing new policies for solar power. So what’s keeping some insurance companies from covering solar panels?  Is it political? Does it have something to do with the sway of electric companies? (continue reading) 

Tues, Aug 16 | What’s in big Biden bill? Health, climate goals become law 

Approved by the divided Congress, the bill brings the biggest investment ever in the U.S. to fight climate change. Also in the legislation is a $2,000 cap on out-of-pocket prescription drug costs for Medicare recipients as well as a new 15% corporate minimum tax to ensure big businesses pay their share. (continue reading) 

Tues, Aug 16  | Great health insurance news for people over 50 

The new $740 billion Inflation Reduction Act, due to be signed by President Biden this week, extends for another three years a raft of lucrative health insurance subsidies that are of particular benefit to those who are over 50 but still too young for Medicare (which kicks in at 65). (continue reading

Wed, Aug 17 | Hundreds of thousands drop flood insurance as rates rise 

When the Federal Emergency Management Agency overhauled its flood insurance program last year, it wanted to encourage homeowners to buy coverage by showing them more precisely the risk that each property faces of being flooded. But instead, hundreds of thousands of people have dropped the flood policies they were buying through FEMA, raising concerns that an unprecedented number of households are financially exposed to flood damage. (continue reading) 

Thurs, Aug 18 | Lloyd’s to Exclude Catastrophic Nation-Backed Cyberattacks From Insurance Coverage 

By 2023, insurer groups must add clauses to cyber policies excluding state-backed hacks that severely affect target nation’s infrastructure, insurance marketplace says. (continue reading) 

Fri Aug 19 | Energy industry has an 'undeserved bad reputation' – NFP expert 

Stakeholders and the public have turned up the scrutiny on energy companies, who, after being battered by the COVID-19 pandemic, must adapt to high environmental, social, and governance (ESG) standards. (continue reading) 

Supply Chain News 

Coronavirus News  

Climate & Environment News