Study Sees Lower Limits, More Exposure
NU Online News Service, Sept. 2, 1:12 p.m.EDT?Many businesses trimmed back their liability coveragelast year, widening the gap between their potential risks and theamount of insurance they carry, according to research by a New Yorkinsurance brokerage.
The findings were made by New York City-based Marsh, based onthe insurance buying decisions of 4,329 companies during the12-month period ending Jan. 31. The study looked at insurancepurchasing by various industries in the United States andelsewhere.
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