Even if they're shopping tough exposures like Florida coastal property or medical malpractice, risk managers are finding insurers far more eager to please--if not always with lower prices, then at least with improved terms and conditions in this softening commercial market, leading buyers say.
"We're in the best spot we've been in probably in the last 10 years, and especially since the year 2000," according to Scott Beckman, vice president of risk management and insurance for Advocate Health Care Network in Oak Brook, Ill.
Mr. Beckman faces two looming renewals for the organization's health care system. One is excess liability, which includes all medical malpractice coverage for physicians and hospitals and several hundred ancillary networks.
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