Senior Housing Operators Must Address Risks as Liability Insurance Costs Grow

Faced with rising liability insurance costs, senior housing providers are working with insurers and insurance brokers to address the issue by identifying and managing risks. Liability insurance rates are expected to rise by as much as 30% in 2019, according to insurance broker Willis Towers Watson. The growth in claims, payouts and settlements is so […]

Some Senior Living Providers to Face Surging Liability Costs in 2019

Commercial liability insurance rates for the senior living and long-term care industries could increase as much as 30% or more in 2019, and that could spell financial headaches for some providers going forward. That’s according to a new report from risk management, insurance brokerage and advisory company Willis Towers Watson. The report, titled “2019 Insurance Marketplace Realities,” outlines […]

Senior Living Tech News: K4Connect Partnership, Monitoring at Parker Jewish

K4Connect Enters Into Strategic Partnership with Dude Solutions North Carolina-based K4Connect recently announced real-time work order integration with TheWorxHub by Dude Solutions, a provider of cloud-based operations management solutions also based in North Carolina. Accordingly, TheWorxHub by Dude Solutions will be integrated into K4Community, which is K4Connect’s flagship product specifically designed for senior living operators and residents. […]

How Tweaking Benefits Plans Can Solve Senior Living Staffing Issues

Talk to any senior living operator about challenges they see on the horizon and they’ll all likely mention the same thing: staffing. After all, hiring and retaining senior living employees is typically much easier said than done, especially as providers duke it out over attracting the most talented leaders and workers. As if the problem […]

The ‘Four Outs’ Operators Should Follow in an Active Shooter Situation

Editor’s Note: This story was published to Senior Housing News shortly before news broke of the Las Vegas shooting early Monday. Hurricanes Harvey and Irma have certainly tested the emergency preparedness of senior living communities along the Gulf Coast in recent weeks. Unfortunately, not all potential disasters are as predictable as hurricanes—but senior housing communities still need to […]

Senior Living Insurance Policies Kick In After Irma, Harvey

While many senior living communities’ disaster preparedness protocols were put to the test in Florida in the wake of Hurricane Irma, operators in the region—as well as those in Texas recovering from Hurricane Harvey—are now beginning the recovery process, and one of the first steps is to assess damage and file insurance claims. Senior Housing […]

How Senior Living Providers Are Changing Employee Benefits

With labor challenges looming large, senior living providers rely on solid benefits plans to attract and retain workers. But some providers are considering whether changes are needed. That’s according to recently released survey findings from advisory, broking, and solutions company Willis Towers Watson (Nasdaq: WLTW) and senior housing industry association Argentum. “Senior living operators continue […]