Latest Senior Care Headlines
All the headlines from our Senior Care Topic Page, ordered by recency.
Supreme Court’s Decision Could Impact Quality of Nursing Home Patient Care
Sep 8 2003 // A United States Supreme Court decision on whether a petitioner’s net worth could be a consideration in awarding punitive damages could have a serious impact on the nursing home profession at a time when there is...
Alternative Markets Reach New Levels
Sep 8 2003 // “Client, insure thyself!” Well it hasn’t quite reached that point yet, but the hard market has caused insurance buyers to commence an unprecedented search for affordable risk management solutions. Pushed...
CNA Financial Reports Q2 Net Income of $70M; Reductions in Workforce to Occur
Aug 7 2003 // CNA Financial Corporation reported net income for the second quarter of 2003 of $70 million, or $0.25 per share, as compared with net income of $31 million, or $0.14 per share, for the same period in 2002. Net income for...
Fla. RRG Hopes to Address LTC Liability Crisis
Jul 21 2003 // With national and state efforts at altering medical liability rules once again failing to hurdle the predictable political roadblocks and the commercial insurance marketplace struggling to provide the coverages so many...
Florida RRG Hopes to Address LTC Liability Crisis
Jul 21 2003 // With national and state efforts at altering medical liability rules once again failing to hurdle the predictable political roadblocks and the commercial insurance marketplace struggling to provide the coverages so many...
Pickens Believes Competitive Market is Best Climate for Business
Jun 23 2003 // Mike Pickens Having served six years in his present office, Arkansas Insurance Commissioner Mike Pickens has had an opportunity to see a number of changes in his state over the years. Pickens recently sat down with...
Penn Treaty Completes Reinsurance Agreement for New Business
Jan 13 2003 // Penn Treaty American Corp. announced that it has entered into a reinsurance agreement for new long-term care insurance policies with Bermuda-based Centre Solutions Limited. “The Agreement, which is effective for all...
8 is Enough – Programs That Caught Our Eye
Dec 16 2002 // For this end-of-the year edition of Insurance Journal, we looked at some unique or interesting programs and found eight that grabbed our attention. Obviously they do not represent a comprehensive list, which is admittedly...
8 is Enough – Programs That Caught Our Eye
Dec 16 2002 // For this end-of-the year edition of Insurance Journal, we looked at some unique or interesting programs and found eight that grabbed our attention. Obviously they do not represent a comprehensive list, which is admittedly...
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...
