Intel

From classrooms to clinics, AI is transforming healthcare. In this short clip from our recent Healthcare Liability webinar, Caileb Newby, Broker, Professional Liability, Burns & Wilcox Brokerage, San Francisco, CA, shares how the technology is enhancing both medical training and clinical decision-making. https://vimeo.com/1087198820/5b13535910?share=copy  

The medspa industry is booming—but so are the risks. In this clip from our Healthcare Liability webinar, Chris Valenzuela, Broker, Professional Liability, Burns & Wilcox, Los Angeles, CA, breaks down emerging concerns around injectables, patient expectations, and why informed consent is more critical than ever. https://vimeo.com/1086525183/306f9b93a2?share=copy

From evolving treatments to increased litigation and data privacy concerns, the risks facing healthcare professionals are more complex than ever. Watch the below webinar as our guest experts discuss key trends, challenges, and opportunities in the Healthcare Liability Insurance market. Featured Experts: Caileb Newby, Broker, Professional Liability, Burns & Wilcox Brokerage, San Francisco, CA Chris Valenzuela, Broker, Professional Liability, Burns…

Inside This Article: A woman reportedly suffered multiple infections after receiving injections of a filler at a medical spa in Philadelphia. More medical spas in the U.S. and Canada are offering increasingly complex procedures, potentially heightening the risk of a malpractice claim. When a medspa is sued, the facility’s Professional Liability Insurance can cover legal defense and indemnity payments.…

An assisted living facility in Shrewsbury, Massachusetts, is facing a lawsuit from the estate of a resident over concerns about the quality of care she received before her tragic passing. The wrongful death lawsuit, filed on January 3, alleges that the woman fell in her bedroom at The Residence at Orchard Grove and was left on the floor for at…

Last quarter, we indicated the Property & Casualty (P&C) market had reached a relative level of equilibrium not seen in several years. We defined this as an environment where rates and capacity were relatively stable, and carriers could be profitable. The gradual and consistent shift in business from the admitted to the Excess & Surplus (E&S) market is a transformation…

As medical spas continue to grow in the U.S. and Canada, one type of service appears to be in high demand: weight loss treatments. With well-known drugs like Ozempic and Wegovy in short supply in many areas, some medspas have been filling the gap by offering semaglutide injections to their customers. Recent reports highlight medspas in Iowa, Missouri and other…

The term “equilibrium” is increasingly being used within insurance circles to describe certain sectors moving toward a state of balance in terms of rates versus supply, terms and conditions. It suggests a growing opinion among industry leaders that Property and Casualty (P&C) is largely in a healthy place. This is true even after a decade-long period characterized by costly CAT…

Following several years of double-digit rate increases and restrictive adjustments to Terms and Conditions (T&C), the Property Insurance sector has reached a point of relative stability. Rates are largely modest as insurers secure the required premium, now applying rates against a proper exposure basis—Insurance to Value (ITV). With few exceptions of traditional CAT-prone perils in specific geographies, most carriers are…

Experts are sounding the alarm over the risk of infections and other negative outcomes that patients could face after receiving treatments at medical spas, or med spas, which have boomed in popularity in recent years. According to a recent NBC News report, physicians are seeing more adverse reactions linked to the facilities and there are growing concerns over the clinics…

The title of this quarter’s overview and forecast could easily be: “Profitability Matters.” That is especially true in the Property space for both Personal and Commercial policies. The industry faces daily challenges from CAT storms and events, making every state subject to immediate loss from hurricanes, wildfires, and convective storms—defined as severe local storms associated with wind, thunder, lightning, heavy…

More than six years after a data breach that disclosed 2.81 million patients’ protected health information, Banner Health has agreed to pay $1.25 million to the U.S. government to settle potential violations of the Health Insurance Portability and Accountability Act (HIPAA), Campus Safety Magazine recently reported. The Arizona-based healthcare system also agreed to implement changes to better protect patient information.…