Posts Tagged ‘program stability hotels and resorts’
Staying Afloat in the Umbrella Insurance Market: Why Program Stability Matters for Hotels and Resorts
The ever-shifting landscape of the Umbrella market presents a formidable challenge, with rate adequacy taking center stage. Larger carriers, seeking higher returns, have been consolidating and scaling back on the capacity they offer. What was once commonplace as $25 million limits in a tower has dwindled to a mere $15 million or even less. Furthermore,…
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