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Public Sector RMs Face More Hurdles When Seeking Coverage

While it is not impossible for government entities to get insurance in this tough renewal season, public risk managers must approach more carriers and expect to get less coverage at a higher cost, one leading broker contends.

This is the new reality that public risk managers and other insurance buyers face today, and will have to deal with for some time to come, observed Daniel J. Cullen, vice-president of the Public Entity and Higher Education Global Brokerage Team for New York-based Marsh.

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