Those risk managers who buy private-school insurance, and the brokers and agents who help arrange private-school coverages, know that the private-schools insurance world presents many special challenges. First, private schools often have large campuses with significant commercial-property exposures—and rates for commercial-property insurance are hardening. Second, private-school insurance coverage must account for many risks unique to both K-12 schools and colleges universities—everything from educators' legal liability to intellectual-property theft to athletic competitions to lawsuits when a professor is denied tenure. This special section dedicated to private-school insurance will keep you informed about the key trends with interviews with experts, white papers, recommended resources, featured reports and the latest news.
Head of the Line
Director, Education Practice, RCM&D
“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.”
President, CLPS Consultancy Group
“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.”
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