For nonprofit childcare providers, the overriding trend today is tight state budgets and reduced revenues. One way providers are trying to adjust to this new reality has significant implications for their insurance programs: relying on volunteers to do the work that paid employees used to do
With a still-shaky economy limiting donations to social-service organizations, many of these groups are being forced to radically reduce spending or to branch out into new and untested revenue-raising watersa move which can pose unexpected and even catastrophic risks.
With a still-shaky economy limiting donations to social-service organizations, many of these groups are radically reducing spending or branching out into new and untested revenue-raising watersa move that can pose unexpected and even catastrophic risks.
Thanks to the ever-increasing popularity of youth sports--and the desire of kids of all ages to stay fit and have fun--the amateur-athletics market is a relatively healthy segment of the property/casualty arena, providing areas of opportunity for agents experienced in this field to grow their business.
The bed and breakfast market is a potential growth area for insurers as this comfy niche of the travel industry attracts a growing number of travelers seeking unique, but budget-friendly accommodations.
Construction-insurance pros see some signs for market improvements in 2012 and 2013, as the economy recovers and projects continue in key industries, such as health care and education. A second round of stimulus funding would also help.
