The biggest names in senior living converged at this year’s National Investment Center for Seniors Housing and Care (NIC) conference in Chicago. While the panels’ topics varied as widely as the operators, developers, REITs and third-party vendors who attended, a few key subjects permeated many of the senior living sessions. SHN compiled the following list […]
Prudential
Construction: Planned Ohio Senior Living Community Plans $20 Million Expansion Otterbein Senior LIfestyle Choices is planning a $20 million expansion to add more housing to its continuing care retirement community (CCRC) campus in Lebanon, Ohio, reports Dayton Business Journal. The project will create 83 independent living units across 20 new buildings, among them will be 17 […]
Premium hikes on long-term care insurance policies are being planned by two of the industry’s largest players, but both stated their intentions to strengthen their positions and remain in the industry. Both John Hancock Life Insurance Co. and Genworth long-term policyholders should expect to see their premiums raised in 2014 following announcements made during third […]
Big-name providers fleeing the long-term care insurance market—think MetLife and Prudential—has contributed to uncertainty of the sector’s future, according to Moody’s Investors Services in a new report. The U.S. population is aging and will almost certainly need non-medical coverage on a major scale, but persistent losses, a challenging operating environment, and the exit of key […]
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