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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.

Thurs, Sept 22 | California bans insurers from dropping customers in wake of largest wildfire 

California Insurance Commissioner Ricardo Lara submitted a first-in-nation regulation to drive down the cost of insurance for homeowners and business owners. (continue reading) 

Thurs, Sept 22  | Fraudsters likely stole $45.6 billion from U.S. COVID unemployment insurance program 

Fraudsters likely stole $45.6 billion from the United States’ unemployment insurance program during the COVID-19 pandemic by applying tactics like using Social Security numbers of deceased individuals, a federal watchdog said on Thursday. (continue reading

Thurs, Sept 22  | National Insurance rise to be reversed in November  

A 1.25% rise in National Insurance will be reversed from 6 November and the government will axe a planned levy to fund health and social care. (continue reading) 

Thurs, Sept 22  | Hurricane Fiona Losses Depend on Business Interruption 

AM Best said it expects insured losses from Hurricane Fiona in Puerto Rico to be influenced by business interruption caused by widespread power outages but losses should be manageable for the industry. (continue reading) 

Fri, Sept 23 | Boeing to Pay $200M to Settle Charges it Misled Investors About 737 MAX 

Shared thoughts on the impacts of inflation on the cost of insurance and coverage, as well as considerations for insurance renewals in an inflationary environment. (continue reading

Fri, Sept 23 | Significant Ruling in PFAS Litigation Could Impact Insurance Coverage 

Judge Gergel denied a motion for partial summary judgment filed by defendant 3M Company and other AFFF defendant manufacturers on the government contractor immunity defense. Although not an insurance coverage decision, the ruling is significant in the context of PFAS litigation and could have insurance coverage implications. (continue reading) 

Supply Chain News 

Coronavirus News  

Climate & Environment News