Latest Senior Care Headlines
All the headlines from our Senior Care Topic Page, ordered by recency.
Provider Alliance Enters Fla. Nursing Home Liability Market
Dec 5 2002 // Provider Alliance, a Charleston, South Carolina-based leader in long-term care insurance, announced it has entered the Florida market with affordable liability insurance policies available to nursing home providers. The...
Florida Nursing Homes Jump on Quality Improvement Program
Dec 4 2002 // Florida Medical Quality Assurance Inc. reports that Florida nursing homes are not wasting time getting involved with the recently launched Nursing Home Quality Initiative (NHQI) spearheaded by the U.S. Department of Health...
Home Healthcare/Nursing Homes
Dec 2 2002 // Nuts & Bolts: APG Insurance Services has available a program for home health-care/nursing homes. Dollars: Policy limits of $1,000,000. Minimum premiums of $2,500. Carrier: Rated “A.” States Available:...
Nursing Homes
Sep 16 2002 // Nuts & Bolts: The Managed Insurance Programs Division of Arrowhead General Insurance Agency has launched a new nursing home insurance and risk management program, “Silver Lining.” Dollars: The Division...
A.M. Best Lowers Rating for AFL Insurance
Mar 29 2002 // A.M. Best Co. announced that it has lowered the financial strength rating to B+ (Very Good) from B++ (Very Good) for AF&L Insurance Company of Warrington, Pennsylvania with a stable outlook. Best explained that its...
Adult Day Care Centers
Mar 11 2002 // Nuts & Bolts: Union General has coverage available for all types of basic daily care facilities for the elderly. There is also physical/sexual abuse coverage available. Professional liability and personal and...
IDI ADOPTS BEST PRACTICES
Dec 17 2001 // Looking to reduce nursing home medical professional liability rates by preventing accidents and injuries that lead to claims, Texas Insurance Commissioner Jose Montemayor adopted a “best practices” plan that...
Nonprofits Growing Fast But Still a Tough Class
Nov 26 2001 // Nonprofit organizations are among the fastest growing sectors of the U.S. economy and while many companies try to steer away from writing policies for nonprofits, there are a few that thrive on the business. Those who do...
Nonprofits Growing Fast, But Still a Tough Classto Cover
Sep 17 2001 // Nonprofit organizations are among the fastest growing sectors of the U.S. economy and while many companies try to steer away from writing policies for nonprofits, there are a few that thrive on the business. Those who do...
NURSING HOME TASK FORCE NAMED
Sep 17 2001 // Texas Department of Insurance (TDI) Commissioner José Montemayor has appointed a task force to help develop “best practices” for nursing home risk management and loss control, with the goal of stabilizing...
The Shrinking, Expensive Market for Nursing Home Coverage
Aug 20 2001 // I find that nursing homes are in a serious crisis in trying to obtain medical liability coverage,” Texas Insurance Commissioner José Montemayor said in February, as he announced the Texas Department of Insurance...
Lawsuit Alleging Race Discrimination in Nursing Home Settled for $1.2M
Jul 9 2001 // Beverly Enterprises Inc., the nation’s largest operator of nursing homes, will pay $1.2 million to settle a racial discrimination lawsuit, according to an Associated Press story. Nine former workers claimed that...
Conning & Co. Study Predicts Tough Future for Medical Malpractice Industry
May 21 2001 // According to a Conning & Company study, “Medical Malpractice Insurance: A Prescription for Chaos,” decreases in investment income, coupled with increases in the severity of lawsuits and the rising costs of...
Welcome to our First Ever
Jan 8 2001 // The demarcation between years always seems to take on a contemplative aspect. We look back to where we’ve been, and then look forward to weigh our expectations. Will the market continue to harden? Will the dot-coms...
Calif. Health Official Report Charges Nursing Care Facility Provided Poor Care
Dec 14 2000 // The Windsor Gardens Convalescent and Rehabilitation Center, a nursing home located in San Diego, Calif., was recently shut down by the California Department of Health Services. Officials indicated they will request the...
And Then There Were Two…
Jul 10 2000 // As nursing home liability coverage costs continue to climb, admitted carriers are pulling out of markets across the county. In Texas—considered, along with Florida, to be one of the most challenged states in this...
Nursing Home Coverages Decline as Insurers Pull out of Market
Jun 26 2000 // The nursing home market, already in a state of deterioration for several years now, is becoming increasingly barren. It’s a subject that few insurers are inclined to discuss openly, but the buzz in the industry is...
Nursing Home Coverages Decline as Insurers Pull out of Market
Jun 20 2000 // The nursing home market, already in a state of deterioration for several years now, is becoming increasingly barren. It’s a subject that few insurers are inclined to discuss openly, but the buzz in the industry is...
Bush To Propose Nursing Home Bill
May 10 2000 // Presidential candidate George W. Bush will unveil today a proposal to offer tax incentives to buy insurance for nursing home care and financial relief for people who care for a parent or elderly person at home. The idea...
GE Eyes Citigroup’s Long-Term Care
Apr 18 2000 // GE Financial Assurance plans to purchase most of Citigroup’s long-term care business, making it the largest nursing home and related old age care insurer in the country. Terms of the purchase were not released. GE...
