long term care liability News

Long Term Care Liability Loss Rate Expected to Grow: Aon

Long term care liability loss rates and claim severity have reached an eight-year high and are expected to grow steadily in 2013 against a backdrop of health care provider budget constraints and uncertainty about health care reform, according to Aon …

West Virginia Nursing Home Challenges $91 Million Jury Award

A Charleston nursing home is challenging a $91 million damage award in a lawsuit stemming from the death of an elderly woman hours after she left the facility. Lawyers for Heartland of Charleston claim in a recent court filing that …

Kentucky Jury Awards $1M in Nursing Home Fall

A court in Lexington, Kentucky, has ruled that a nursing home should pay more than $1 million to a resident who was severely injured in a fall in an equipment storage room. Irene Hendrix was in her late 80s and …

West Virginia Judge Affirms $91M Damage Award Against Nursing Home

A Kanawha County, West Virginia judge has affirmed most of a $91.5 million damage award against a Charleston nursing home in a lawsuit that claimed it failed to properly feed and care for an elderly woman who died hours after …

Millennium Brokerage Forms Long Term Care Program Through Physicians Financial

Millennium Brokerage Group (MBG) has launched a new long term care (LTC) program that will be available to physicians and their families through AMA Insurance Agency’s Physician Financial Partners program. Physicians Financial Partners LTC program will have discounts specific to …

West Virginia Jury Awards $91.5 Million in Nursing Home Death

A jury in Kanawha County, West Virginia has awarded $91.5 million in damages to the family of an 87-year-old woman who died after her stay at a Charleston nursing home. The jury ruled that Heartland of Charleston failed to feed …

Average Long Term Care Liability Claim Rising: Aon Study

Long term care liability costs are rising because the average claim size is increasing even as claim frequency declines. There has been a four percent increase in the average claim size, according to research by Aon Risk Solutions in its …