Senior Living communities maintain a variety of business relationships to effectively run their organization. These relationships can include banks for mortgages, vehicle loans and equipment leasing. These examples, and many more, involve the transfer of risk from one party to another. How does this work? The...

Workers’ compensation rates have been declining for the past few years on a national level. This is great news for owners and operators as the reduction in rates lead to lower workers’ compensation insurance premiums. However, as the rates decrease, so do the amount of losses that we are expected to...

Due to the overwhelming participation and positive feedback from the 2019 quarterly complimentary webinar series, AssuredPartners Senior Living is pleased to announce we will increase these to monthly in 2020. These webinars focus on best practice approaches, regulatory updates, operational and risk management...

Due to the shortage in the availability of psychiatric care services, skilled nursing facilities are increasingly providing care to patients with persistent mental illness, such as bi-polar disorder or schizophrenia. In fact, a 2011 study published in the Journal of Aging & Social Policy indicates that the...

In today’s senior living environment, organizations are responsible for the safe storage of sensitive client data, including financial, medical and personal information. Use of the internet and electronic devices, such as computers or mobile devices, make organizations an easy target for criminal...