Insurance premiums have seen rises and falls throughout 2023, depending on what is being covered, but the volatility of rates is unlikely to be going away anytime soon. Some areas of coverage, such as directors and officers insurances, auto insurance and workers compensation, have seen stabilization since the time of Covid. Even general liability has […]
Senior Living liability insurance and litigation trends are driving up costs for operators in 2023 — and ultimately for residents. Falls are still by far the most prevalent cause of liability costs for senior living providers, according to a 85-page report published by Marsh. In the report, Marsh evaluated nearly 11,000 closed claims over the […]
The landscape for senior living insurance and risk management has changed significantly in recent months, from the rising costs of liability insurance to a rollercoaster of new risks presented during the pandemic. Even prior to the pandemic, insurance costs and considerations were changing, including rising premiums for senior living providers. Today, with many COVID-19 risks […]
The next episode of Transform is now available, brought to you by Marsh John Atkinson is a senior living veteran and industry leader serving on the board of Argentum and the Advisory Committee of the American Seniors Housing Association. John is responsible for co-leading Marsh’s senior living and LTC industry practice for the United States […]
Leaders across the industry are paying tribute to former Brookdale Senior Living (NYSE: BKD) CEO and late senior living pioneer Bill Sheriff. Sheriff died early on the morning of Aug. 27, according to an email update from American Seniors Housing Association (ASHA) President and CEO David Schless. “Bill personified leadership and service at the very […]
