A recent survey has uncovered a significant concern for residents in nursing homes: the apprehension of facing retaliation from staff members if they voice their concerns or report instances of neglect or abuse. The study, undertaken by the Long Term Care Community...
Navigating the labyrinthine world of malpractice insurance can be a daunting task for commercial agents. With a plethora of carriers, coverage options, and pricing tiers to choose from, finding the right policy can become a time-consuming endeavor fraught with...
Just another mouth to feed is possibly the first thought when considering the use of a wholesale broker, and in many instances there is an element of truth to that. When you set out working as an independent agent, as with any other field, there is a temptation to “do...
With the impact of COVID-19 on senior living facilities and nursing care services, the industry is under the spotlight. Now more than ever, the industry must look at liability mitigation.
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...
Westwood have fostered exceptional relationships with underwriters and we go to great lengths to keep abreast of their latest products, changes in requirements and restrictions, including having weekly calls with the carriers, which you can see here, by joining our insurance insider group.
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Westwood President, Michael Richards has extensive experience in setting up alternative structures for larger clients. Here are some examples:
If you think your client could be large and stable enough to benefit from starting or participating in a captive or has a special need for another alternative structure, contact Michael Richards now by phone: 855 351 7487.