“The Roundup” is Origami Risk’s weekly bulletin of headlines and resources impacting risk, compliance, safety, P&C insurance, and healthcare.
Mon, Mar 28 | Former Nurse’s Criminal Conviction Will Have a ‘Chilling Effect’ on Healthcare
After a 3 day trial, former Vanderbilt nurse RaDonda Vaught was convicted of a fatal drug error in a case that may set a precedent for criminalizing medical errors. Spokespersons for nursing associations have expressed concerns that this ruling will have a negative impact on the culture of safety in healthcare. (continue reading)
Wed, Mar 30 | To see how COVID-19 changed the industry, look at disability insurance
The COVID pandemic changed our way of life, generally speaking, but it also made death become a real and sudden possibility to many. Northwestern Mutual, the nation’s largest seller of life insurance, saw a 15% year-over-year increase in the number of life insurance policies sold. (continue reading)
Wed, Mar 30 | Chubb investors to vote on proposal to end new fossil fuel underwriting
In a landmark shareholder resolution, the SEC ruled in favor of a resolution calling for Chubb to stop underwriting new fossil fuel supply projects. The resolution will be voted on at Chubb’s May general meeting. This is the first time shareholders have made a broad challenge to a company’s contributions to climate change. (continue reading)
Thu, Mar 31 | Remote work didn't lead to spike in workers' comp claims
Americans moved from offices to makeshift home offices during the pandemic and there was fear of a rise in soft-tissue injuries from working in spots not suited for long bouts of sitting. Surprisingly, we did not see a spike in these sorts of claims. (continue reading)
Thu, Mar 31 | Analysis – Cyber Insurers Face Large Ukraine War-Related Claims Despite Exclusions
Though none have been confirmed so far, western financial regulators have warned banks of an increased risk in the possibility of cyber-attacks. If Russia does carry out a large cyber-attack, it could lead to claims upwards of $20 billion. (continue reading)
Supply Chain News
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Thu, Mar 31 | U.S. Inflation Rises to 40-Year Peak in February by Fed’s Preferred Measure
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Thu, Mar 31 | U.S. corn and soybean stocks rise, but corn plantings forecast cut: USDA