A hardening of the insurance market over the past two years continues to have an adverse effect on senior housing professional and general liability underwriting. Premiums, program structures and terms and conditions continue to be impacted by a lack of insurers in the space, according to the Spring 2021 Insurance Marketplace Realities update from insurance […]
Willis Towers Watson
The senior living and long term care insurance marketplace has been hardening significantly over the last few years, and 2021 will continue to see deepening rate increases, capacity shortages and coverage retrenchments. That’s according to the latest Willis Towers Watson marketplace realities report for senior living and long-term care. On this episode of Transform, Willis […]
Even before Covid-19 struck the United States, senior living providers faced challenges related to a hardening insurance market. The pandemic has only added further pressures, and senior living operators are facing rate increases, capacity shortages and coverage retrenchments in 2021. That’s according to the recent Willis Towers Watson Marketplace Realities report for senior living and […]
COVID-19 has made risk management more critical for senior living operators — but, those challenges that existed prior to the pandemic have not gone away. Arbitration agreements, fall reduction and response, communication and documentation practices, and early claim resolution are among the “Risk Management 101” topics that Tara Clayton, Senior Claim Consultant at Willis Towers […]
Since the rise of the Covid-19 pandemic in the spring of 2020, senior living providers have understandably been focused on risks related to the coronavirus. But, existing issues have not gone away, and providers are well-advised to make sure they are acing “risk management 101” in this new and challenging operating environment. That’s a key […]
This article is sponsored by Willis Towers Watson. In this Voices interview, Senior Housing News sits down with Director of Clinical Risk Services-Senior Living Center of Excellence Rhonda DeMeno to learn how senior living operators are planning their reopening strategies, managing risk stratification during this process and planning their budgets for 2021.– In December, you […]
This article is sponsored by Willis Towers Watson. In this Voices interview, Senior Housing News sits down with Willis Towers Watson Senior Claims Consultant Tara Clayton to learn how the federal PREP Act may pertain to senior housing during COVID-19, areas to be aware of when reading a governor’s coronavirus-related executive order or state legislation […]
This article is sponsored by Willis Towers Watson. In this Voices interview, Senior Housing News sits down with VP of Clinical Risk Services JoAnne Carlin to learn how senior living operators can manage infection control in the age of COVID-19, whether in independent living, assisted living, memory care or with communities that cross the continuum. […]
Ventas closes $700M perpetual life vehicle Ventas (NYSE: VTR) closed its new life science and health care real estate fund, a perpetual life vehicle that focuses on investments in North American core and core plus life science, medical office and senior housing real estate. The fund has more than $700 million in assets under management […]
When it comes to keeping the coronavirus out of a senior living community, providers should be willing to take drastic measures — and they should be thinking about them right now. In some instances where outbreaks are particularly severe, that may include temporarily stopping tours, freezing new admissions and visits, isolating some residents, halting congregate […]
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