“The Roundup” is Origami Risk’s bi-weekly bulletin of headlines and resources impacting the risk, compliance, safety, P&C insurance, and healthcare industries.
Sept 20 | Prudential to raise up to $2.9bn to help fund push into Asia and Africa
American Global Fortune 500 insurer, Prudential, is planning to raise up to $2.9 billion to pay off debt and invest in Africa and Asia, having completed an overhaul of its operations with the demerger of its US business last month. (Continue reading)
Sept 20 | Global stocks tumble on China property market fears
U.S. markets tumbled in wild trading as investors worried that one of China’s biggest property developers could default on hundreds of billions of debt, a scenario that would have ripple effects across the economy. (Continue reading)
Sept 20 | Nicholas insured losses about $950M: Karen Clark
Insured losses from Hurricane Nicholas will be close to $950 million according to Boston-based catastrophe modeler Karen Clark & Co. (Continue reading)
Sept 20 | Insurer M&A activity surging: Deloitte
Insurance merger and acquisition activity continues to accelerate for most sectors in 2021, with the number of deals increasing 18% year-to-date, according to a report released by Deloitte Consulting LLP. (Continue reading)
Sept 20 | Texas disability benefits to increase 5.1%
The Texas Division of Workers’ Compensation announced it will increase maximum temporary income benefits by 5.1%, effective Oct. 1. (Continue reading)
Read Next: What you need to know about global operational resilience
Sept 20 | Toyota to again idle plants as parts shortage worsens
Toyota Motor Corp. will temporarily suspend production at 14 of its plants in Japan for several days in October, as the resurgence of COVID-19 cases in Southeast Asia disrupts the supply of components, reducing its planned October global output by 40%. (Continue reading)
Sept 24 | Psych expansion of physical injury claim denied
The West Virginia Supreme Court of Appeals upheld prior rulings denying psychological conditions be added to an injured employee’s workers compensation claim. (Continue reading)
Sept 28 | Staffing Shortages Increasingly Impacting Healthcare Industry
The healthcare industry continues to see wide-spread staffing shortages, especially in nursing homes and assisted living facilities, as the country enters into flu season and fluctuating COVID-19 numbers. (Continue reading)
Cybersecurity News
- Sept 20 | Farm firm: Systems offline due to cybersecurity incident
- Sept 28 | Cybersecurity Insurer Coalition Gets New Funding at $3.5 Billion Valuation
- Sept 29 | Russia arrests top cybersecurity executive in treason case
- Oct 1 | White House to convene 30-country cybersecurity meeting
Coronavirus News
- LIVE | COVID-19 Updates
- Sept 19 | Vaccination Status May Be Considered To Get ICU Beds At Dallas-Area Hospitals If Covid Spread Worsens
- Sept 20 | De Blasio mandates weekly COVID testing of school staff and students
- Sept 20 | COVID has killed about as many Americans as the 1918-19 flu
- Sept 20 | States bracing for confusion about coronavirus booster rollout
Watch Next: How to track employee booster shots and COVID test result
- Sept 20 | U.S. to lift covid travel ban, allowing entry for vaccinated Europeans and others
- Sept 21 | China keeps virus at bay at high cost ahead of Olympics
- Sept 21 | RIMS to require vaccination proof to attend in-person events
- Sept 27 | Almost Half of Organizations Will Institute Vaccine Mandates, Says Gartner Study
- Sept 27 | Federal judge sides with Novant over insurer on COVID-19 expense reimbursement complaint
Read Next: How to track employee COVID-19 vaccinations
- Oct 2 | What would an antiviral pill mean for the fight against Covid-19?
- Oct 2 | American Airlines, Alaska, JetBlue Orders Workers to Get Covid-19 Vaccinations
- Oct 2 | US surpasses 700,000 Covid-19 deaths
Climate & Environment News
- LIVE | Huntington Beach Oil Spill Updates
- Sept 20 | UN climate talks: Faint progress on money, none on pollution
- Sept 21 | Thousands flee La Palma volcano eruption as rivers of lava flow toward villages
- Sept 21 | Biden confronts extreme heat, a silent climate killer
- Sept 24 | Dying crops, spiking energy bills, showers once a week. In South America, the climate future has arrived