The general liability (GL) insurance market for the US construction sector is in a state of change. Over the past two years, the excess market has hardened, which has triggered a decrease in capacity.
Not only do you have to work much harder to get your insureds the excess limits they need – sometimes going to 20 or more carriers – but your insureds are also facing significant rate increases.
Michael Foley, West Coast Area President, Senior Broker of Breckenridge Insurance Services discusses with Insurance Business America how brokers and agents can find the best coverage in these challenging circumstances.
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