insurance insider news

Because Westwood is working in the front lines of the insurance industry, we have unique insite into different trends and events that are shaping the future of the industry, the policies offered by insurers and the prices your medical clients can expect to pay.

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Westwood commentary

the impact of social inflation on insurance premiums

the impact of social inflation on insurance premiums

Social inflation is a buzzword insurers use to explain the rising costs of insurance claims resulting from primarily increasing litigation arising from more plaintiff-friendly legal decisions and larger compensatory jury awards. While many industry experts put it down...

GenStar™ – Stability in an uncertain market

GenStar™ – Stability in an uncertain market

The healthcare industry has been rocked with more change in the last two years than we've seen in decades, which has led to uncertainty for insurers. The pandemic and the associated implementation of government policies left many people with negative perceptions of...

the latest industry news from around the web

  • Extending the shelf life of vaccines
    on August 5, 2022 at 6:00 pm

    Nearly half of all vaccines go to waste. This is due to the logistical obstacles involved in transporting them to diverse regions of the world. Most vaccines require strict temperature regulation from the manufacturing line to injection into a human arm. Maintaining a constant temperature along the cold (supply) chain is a challenging feat in the best of circumstances. In sub-Saharan Africa and other developing regions, for example, limited transport infrastructure and unreliable electricity compounds the already immense challenges of delivering viable vaccines.

  • Reinvigorating 'lost cause' exhausted T cells could improve cancer immunotherapy
    on August 5, 2022 at 6:00 pm

    During a battle with cancer, T cells can become exhausted and are no longer able to function properly. The early phase of exhaustion can sometimes be reversed with immunotherapy drugs, but once T cells become too exhausted, it had been thought that this state was irreversible. However, new insights from University of Pittsburgh and UPMC researchers suggest that even the most fatigued T cells can be revived.

  • Immune boosting benefits of tuberculosis vaccine seen in infants more than a year after vaccination
    on August 5, 2022 at 6:00 pm

    The immune boosting benefits of a tuberculosis vaccine can be seen in infants more than one year after vaccination, according to a new study.

  • Team gains insights into genetic and molecular machinery that predisposes individuals to Alzheimer's disease
    on August 5, 2022 at 5:14 pm

    Mount Sinai researchers have achieved an unprecedented understanding of the genetic and molecular machinery in human microglia—immune cells that reside in the brain—that could provide valuable insights into how they contribute to the development and progression of Alzheimer's disease (AD). The team's findings were published in Nature Genetics.

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insurance for hospitals

Hospital Insurance typically covers all or part of the potential liability for hospital services. It includes medical malpractice, accidents involving hospital employees and equipment, care during surgery or any other invasive treatment, after-hours care arrangements by staff who need help with their children and more.

insurance for long term care facilities

Long term care facilities must protect themselves against potential liability arising from incidents within their facility. Westwood can help you negotiate a package tailored to your long term care facility client.

insurance for physicians

The different types of insurance for physicians includes medical malpractice insurance, professional liability insurance, errors and omissions insurance, an umbrella policy, and professional indemnity. As a physician, you should have access to all of these types of insurance.