NEW YORK: Research has been conducted on the latest insurance trends within the senior living industry. This resulting report concludes that Directors & Officers Liability (D&O) and data breach insurance are the top concerns of senior housing investors and owners. Industry leaders in senior living have grown more cautious in their coverage options and levels as a result of being more prone to loss than many other industries.
The trends identified in this report will help industry professionals, including insurance agencies at healthcare practice groups, learn best practices in purchase limits, peer deductibles, and loss trends.
That’s one of the findings in the data from…