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Best Practices for Patient Safety in Healthcare Facilities

By |2024-03-06T23:05:05+00:00March 6th, 2024|Blog, Healthcare, News, Risk Management, Trending|

Strategies, when implemented effectively, can contribute to a safer and more reliable healthcare environment for patients and healthcare providers.

Supporting Caregivers in the Workplace

By |2024-02-01T18:07:02+00:00January 31st, 2024|Blog, Healthcare, News, Trending|

In 2023, 38 million people across the U.S. provided unpaid care for their loved ones, according to AARP. Another study from Harvard Business School estimated that 73% of employees have some caregiving responsibility, making caregivers the fastest-growing employee group.

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Minimizing Risk through Deadly Weapons Protection Policy

By |2023-09-18T21:10:47+00:00September 18th, 2023|Blog, Healthcare|

Recent events serve as a stark reminder that devastating incidents can occur not only through shootings but also with seemingly ordinary items like knives and vehicles. In such cases, institutions can face substantial liability if they fail to adequately protect non-staff members from harm.

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Healthcare Practice Finding Success with RM4U

By |2023-09-26T20:19:51+00:00September 13th, 2023|Blog, Commercial Insurance, Healthcare|

The insurance healthcare landscape is constantly evolving, with new medical treatments, technologies, and policy requirements emerging regularly. With professionals from various healthcare disciplines and backgrounds, the INSURICA Healthcare Practice team can assess risk and design insurance plans from multiple angles.

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Avoiding Slips, Trips and Falls in Home Care Settings

By |2023-09-12T18:10:12+00:00September 10th, 2023|Blog, Commercial Insurance, Healthcare, Trending|

Caring for patients in their homes can offer many benefits; yet, such care also presents safety risks. In particular, the unique nature of home care settings can make both you and patients more vulnerable to slips, trips and falls. With this in mind, it’s crucial to know how to mitigate these risks and prevent related injuries. Read on for tips to avoid slips, trips and falls in patients’ homes.

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The Importance of Physician Insurance and Risk Management

By |2023-09-18T21:53:08+00:00September 9th, 2023|Blog, Commercial Insurance, Healthcare|

The insurance healthcare landscape is constantly evolving, with new medical treatments, technologies, and policy requirements emerging regularly. With professionals from various healthcare disciplines and backgrounds, the INSURICA Healthcare Practice team can assess risk and design insurance plans from multiple angles.

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Deadly Weapons Attacks: The Importance of Being Prepared and Common Misconceptions

By |2023-09-27T20:57:35+00:00September 6th, 2023|Blog, Healthcare|

Recent alarming news headlines emphasize the vulnerability of educational institutions to potentially deadly weapon-related attacks.

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Average Data Breach Cost Hits All-time High of $4.4M

By |2023-09-12T18:33:46+00:00September 4th, 2023|Blog, Commercial Insurance, Healthcare|

According to IBM’s annual Data Breach report, the average cost of a data breach reached an all-time global high of $4.45 million, up 2.3% from 2022 and 15.3% since 2020. While $4.45 million is the average across the 16 countries included in IBM’s survey of 553 organizations, breaches in the United States cost far more than the average. The 2023 average hit $9.48 million, according to the report.

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Employers Project 7% Increase Healthcare Costs in 2024

By |2023-09-01T00:00:10+00:00August 31st, 2023|Blog, Commercial Insurance, Healthcare, Trending|

U.S. employers estimate a median 7% increase in healthcare costs for 2024, according to a recent survey of employers by the International Foundation of Employee Benefit Plans (IFEBP). This sizable increase in healthcare costs is driven by chronic health conditions, catastrophic health claims and rising prescription drug prices. This is the second consecutive year employers have projected a 7% increase in healthcare costs.

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Preventing Data Theft by Departing Employees

By |2023-08-28T13:42:35+00:00August 20th, 2023|Blog, Commercial Insurance, Healthcare|

When employees leave a company, there is a heightened risk of data theft, which is also known as data leakage or exfiltration. This risk is present whether an employee’s departure is voluntary or not. The consequences of data theft from insiders can be severe, as an organization’s most valued data assets and secrets are vulnerable. Data leakage events can impact a company’s financials through lost business and intellectual property, and they can result in reputational damage, litigation and regulatory fines.

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