Cyber espionage, Zika, hurricanes and catastrophic wild fires and flooding throughout the world have made insurers and reinsurers more tentative, resulting in a slowdown of the double-digit price cutting trend that insurance buyers have enjoyed for the past eight quarters. At the mid-year point, property rates for most asset classes with decent loss histories were still falling but recent reinsurance renewals and new directives to “not chase down rates” from some of the biggest names in underwriting point to a leveling out in premiums.
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This issue looks at the metrics that are most closely followed by healthcare executives; hospital ownership of physician practices; reduced admission rates in skilled nursing senior care; further increases in FCA related penalties; and updates on ransomware and social engineering exposures.
A rash of retirement plan litigation claims has swept like a virus across the higher education community, catching organizations by surprise. Get the diagnosis from a panel of experts on the allegations against these universities and their 403(b) plans.
Like most policies, aviation policies contain acronyms and terminology that may be confusing so we developed this quick reference guide to help you decipher these terms. As a savvy client, you should expect your broker to be fluent in both insurance and aviation to ensure you receive the best service possible. We know our clients may not always be well-versed in these very specific, and sometimes arcane, terms.
As we pass the midpoint of 2016 I can’t help but reflect upon the changes in the rotor wing industry over the last 12 months. Just when we got used to calling EuroCopter by its Airbus Helicopters name, Agusta throws us two rebranding curve balls. Therefore, the 2016 Chameleon Award goes to AgustaWestland, which has morphed twice in the last 12 months: from AW to Finmeccanica and now to Leonardo. Let’s examine how they fit into the current market.
The National Safety Council’s Defensive Driving Course for Professional Drivers calls the driving errors that lead to the most severe collisions the “fatal four.” One of these is SPEEDING.
Learn more about pay for performance systems and the design of a pay plan.
This article provides an opportunity to discuss recent developments in the rapidly changing public sector employment arena.
This issue concentrates on activities in the Senior Care segment - as this area of healthcare continues to expand, we will continue to see more scrutiny and visibility by regulators, legislators, and investors. The segment continues to grow and evolve to meet the needs of the population. Additionally, penalties under the False Claims Act are set to double, and OCR continues to expand the scope of its breach investigations while Advocate Health Systems is settling HIPAA noncompliance allegations for $5.55 M, a new record.
While some aspects of insurance are universal, insuring your airplane isn’t necessarily the same as insuring your home, car or even business. Aviation insurance also uses terms and acronyms you may not find elsewhere. Below are answers to some common questions, along with a list of commonly used terms and acronyms.