Insights for the Insurance Professional
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“We've been hearing for some time that the school insurance market is hardening, but what we're really seeing is simply a stabilization after years of an unsustainably soft market.”
“If you look at it from a real bad guy's perspective, what better way to bring America to its knees than to […] go into American schools and hurt children?”
Here's your first lesson: For the most part, the market for insurance cover for educational institutions is not wholly hardening. Rather, according to those who operate in it, the word that best describes the state of this market is “stabilizing.”
Kirschner's Nationwide Listings of P/C Insurance Companies and Managing General Agents:
American International Group Inc. lifted limits on property claims tied to acts of terrorism to $1 billion as clients ask for more protection in larger cities.
Now that the recent hurricanes and wildfires have subsided, here are seven things you can do to make sure your business is ready for the next disaster.