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Baylor College of Medicine McNair Campus in Houston, Texas.

Baylor Wins Millions in COVID Property Damage Lawsuit

September 9, 2022Chivaroli InsuranceGeneral Article

In what appears to be a first, a Texas jury awarded Baylor College of Medicine a $48.5 million award for losses incurred during the COVID pandemic that its property insurance should have covered. The verdict comes as all types of…

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A close up of male doctor typing on a computer keyboard.

Healthcare Sector Hit Hard by Cyberattacks in Q2

August 29, 2022Chivaroli InsuranceGeneral Article

Cybercriminals turned their sights on healthcare organizations in the second quarter of 2022, with a 90% increase in attacks, according to research from Kroll. The consulting firm believes ransomware groups have ended their “truce” on attacks against healthcare organizations stemming from…

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Interior photography of toys in a childcare center with preschoolers out of focus in the background.

Hospitals are Opening Child Care Centers to Retain Staff

August 24, 2022Chivaroli InsuranceGeneral Article

By Lauren Sausser When Jennifer Lucier and her husband found out they were expecting a baby in 2016, they immediately made three phone calls. The first was to her mother. The second was to her husband’s family. And the third…

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Database breach concept showing malware warning screen.

Threats from Data Extortion are Evolving: Beazley

August 23, 2022Chivaroli InsuranceGeneral Article

Cyber threats are continually evolving, and data extortion is an area of growing concern, according to cyber insurer Beazley. Today’s extortion incidents no longer only involve encrypted files. Instead, according to Beazley’s Cyber Services Snapshot, cybercriminals are threatening to expose that…

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A table covered in 100 U.S. banknotes.

Nuclear Verdicts Are Becoming the New Normal

July 21, 2022Chivaroli InsuranceGeneral Article

From trucking accidents to medical malpractice claims and employment discrimination cases, eye-popping damages are raising alarms for businesses and insurance carriers. These awards are known as “nuclear verdicts,” an exceptionally high monetary award exceeding what most consider reasonable.  While some…

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A medical team has a discussion in corridor of a hospital.

Profits Evade U.S. Medical Professional Liability Market: Fitch

June 16, 2022Chivaroli InsuranceGeneral Article

The medical professional liability insurance market in the U.S. reversed a four-year trend of weakening in 2021 but still posted a poor combined loss ratio for insurers, according to Fitch Ratings. After seeing combined losses improve, dropping from 113% in 2020…

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A photo illustration showing phishing, ransomware concept.

Ransomware Attacks Remained Popular as Ever in 2021

June 14, 2022Chivaroli InsuranceGeneral Article

Ransomware continues to be a popular tool deployed by criminals, as events increased by 13% in 2021, according to Verizon’s 2022 Data Breach Investigations Report. The Verizon report said that the 13% rise in ransomware in 2021 represented “an increase…

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A group a doctors join hands together.

In Growing Trend, Resident Physicians Vote to Unionize

June 6, 2022Chivaroli InsuranceGeneral Article

By Sarah Kwon | KHN.org In the early weeks of the pandemic, Dr. Lorenzo González, then a second-year resident of family medicine at Harbor-UCLA Medical Center, ran on fumes, working as many as 80 hours a week in the ICU. He…

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Clipboard with documents about medical malpractice, gavel and stethoscope

Changes are Coming to California’s Medical Malpractice System

May 24, 2022Chivaroli InsuranceGeneral Article

For the first time in nearly five decades, the amount of money California plaintiffs in medical malpractice cases can receive for pain and suffering will increase. This week, Gov. Gavin Newsom signed Assembly Bill 35 into law overhauling the Medical…

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Staff in a busy area of a modern hospital.

Travel Nurses Face Immediate Cuts as Covid Money Runs Out

May 16, 2022Chivaroli InsuranceGeneral Article

By Hannah Norman Tiffanie Jones was a few tanks of gas into her drive from Tampa, Florida, to Cheyenne, Wyoming, when she found out her travel nurse contract had been canceled. Jones, who has been a nurse for 17 years,…

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Chivaroli and Associates Insurance Services is a full-service brokerage firm specializing in the custom-design and placement of insurance and alternative risk funding solutions for your healthcare organization.

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