Month: November 2020

2016 Industry Outlook Video: Not For Profit

Calculating the Cost of Employee Turnover in Senior Living Communities

The According to the 2021 Aging Services Report by CNA, employee turnover is not only a liability risk that affects quality of care and customer service, it can also cost hundreds of thousands of dollars.  Another study by Leading Age, Better Jobs Better Care, also details various calculations showing each nursing position emptied generates 110% …

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Calculating Net Rates - How to Find the True Cost of Workers' Comp

Calculating Net Rates – How to Find the True Cost of Workers’ Comp

When you look at a workers’ compensation quotation or rating page, the number of credits and surcharges can be overwhelming. Experience mod credit, scheduled credit, contractors credit, terrorism, increased limits factors, the list goes on.  All these line items affect how much you are paying for workers’ compensation, directly impacting the class code (or base) …

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Buyer and Sellers Both Benefit with R&W Insurance

Representations and warranties insurance (R&W) is an effective risk transfer tool utilized by private equity firms and corporations involved in mergers and acquisitions (M&A). This insurance serves to protect both buyers and sellers in M&A transactions by transferring the risk of financial loss in the event of unanticipated inaccuracies or breaches in representations and warranties …

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Best Practices for Transferring Third Party Risk

Business/Retail Liability Waivers in the Age of COVID

As businesses reopen, the practice of asking customers to sign COVID-19 liability waivers is increasing throughout the United States.  Dentist and doctor’s offices, salons, restaurants, gyms, day care centers, movie theaters and bowling alleys are just some of the businesses now asking people to sign COVID-19 waivers.  However, it is uncertain how much weight those …

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