The Captive Insurance Companies Association has canceled its 2021 Conference which had been set to occur from March 14-16 in Scottsdale, Arizona. CICA is currently working to adapt the sessions that would have been held at the conference into a new Digital Education Series.“We hoped things would improve to make it possible to host an in-person conference. Unfortunately, Arizona has …
Julie Bordo on Navigating the Pandemic as a Long-term Care Insurer
In late February 2020, the first death from the coronavirus was reported at a nursing home in Kirkland, Washington. A little over a month later, according to reporting by the New York Times, two-thirds of the center’s residents had contracted the disease, along with 47 of the center’s employees. By the end of March 2020, 35 deaths were tied to …
Historical Composition of RRGs by Business Sector
The emergence of the hard market, and the disruption of the long-term care industry by the coronavirus pandemic, will likely lead to increased risk retention group activity in the long-term care subsector of the Healthcare sector. Although there are currently 18 active risk retention groups serving the nursing home and long-term care business sector, the first of those groups didn’t …