Stay Connected with Industry News, Emerging Risks

Caitlin Morgan through our blog and newsletter is committed to keeping our agency partners and insureds abreast of trends, emerging trends and developments as they relate to the segments we serve. We invite you to connect and engage with us.

What Hurricane Harvey Has Taught Nursing Homes About Hurricane Safety

Posted on: August 30, 2017 by Chris Murray

You most likely have seen recent headlines about the impact of Hurricane Harvey, particularly its impact in southeastern Texas. The storm, the first major hurricane of the 2017 Atlantic hurricane season, has caused a death toll of at least 27 (and rising), and disastrous flooding in the Houston area. One piece of news coverage about […] Read More

Posted in: Assisted Living Facility Insurance blog Nursing Home Risk Management

Summer Fire Safety for Nursing Homes

Posted on: July 20, 2017 by Chris Murray

Though the summertime is hurricane season for many parts of the world, areas with drier climates have another weather concern: fires. Nearly 5,000 fires take place each day during the summer, and there are a wide variety of factors that can lead to a fire. From a hot, dry climate to overheating electrical devices, dust […] Read More

Posted in: Assisted Living Facility Insurance blog Nursing Home Risk Management

Long-Term Care Facilities: Preparing for Hurricane Season

Posted on: June 27, 2017 by Chris Murray

June is the beginning of hurricane season for the East Coast, which runs to the end of November. Predictions this year are for an above-active season in the Atlantic: the Colorado State University expects 14 named storms, six hurricanes and two major hurricanes this season; the NOAA expects 11 to 17 named storms this season, […] Read More

Posted in: Assisted Living Facility Insurance blog Nursing Home Risk Management

New Survey Shows Most Small Businesses Lack Disaster Preparedness Plans

Posted on: March 22, 2017 by Chris Murray

A recent survey by Nationwide reports that two in three small businesses do not have disaster preparedness plans in place, even though nearly 50% say it would take at least three months for their business to recover from a natural disaster. This is Nationwide’s second annual survey on the issue, which was conducted online by […] Read More

Posted in: Risk Management

40% of Companies Fall Short in Planning for Disasters, Insurance Program Not Adequate

Posted on: December 1, 2016 by Chris Murray

On the heels of a natural disaster, time and again it becomes clear that many businesses have not planned adequately to be able to keep their doors open. In fact, the government estimates that 40% of companies are not prepared to operate after disaster forces them to shut down. They either don’t buy the right […] Read More

Posted in: blog Risk Management

Captive Insurers Finish Strong in 2015

Posted on: August 26, 2016 by Chris Murray

According to a new A.M. Best special report, captive insurers rated by the agency ended 2015 in strong form, recording pretax operating income of $1.4 billion, which represents a 13.5% increase over 2014. Moreover, the report titled, “U.S. Captive Insurers Benefit From Core Competencies,” states that the favorable overall results for the rated domestic captive […] Read More

Posted in: blog Captive Solutions Risk Management Risk Retention Group Uncategorized

Organizations that Make Good Captive Candidates

Posted on: May 10, 2016 by Chris Murray

Captive insurance companies have increased in popularity over the last several years, with increasingly more organizations realizing the benefits and cost-effectiveness of a captive in managing risk. A captive structure reflects a business’ risk profile and its exposures rather than how the traditional commercial insurance market determines rates. What’s more, over the years, the scope […] Read More

Posted in: blog Captive Solutions Insurance Risk Management

The Advantages of A Risk Retention Group

Posted on: June 25, 2015 by Caitlin Morgan

When businesses had trouble obtaining some types of commercial insurance coverage, including liability insurance back in the 1980s, new mechanisms for transferring risk were developed including captives. A captive is special type of insurance company set up by a parent company, trade association or group of companies to insure the risks of its owner or […] Read More

Posted in: blog Risk Management

What Makes A Robust Emergency Response Plan

Posted on: March 19, 2015 by Caitlin Morgan

A robust emergency plan is only as strong as an organization’s ability to communicate the elements of its response plan, as well as its dedication to training, drilling and exercising the plan regularly. Its success is also predicated on the abilities of the individuals performing each of their roles. Following are several key factors to […] Read More

Posted in: blog Risk Management

Importance of a Robust School Risk Management Program

Posted on: July 16, 2014 by Caitlin Morgan

Importance of a Robust School Risk Management Program Educational institutions face risks that threaten the successful delivery of their objectives to teach and protect their students. These risks come from a variety of sources, whether as a result of a natural catastrophe or a man-made event, incident or accident. We see examples of what can […] Read More

Posted in: Educational Insurance Risk Management School Insurance