Excess Liability Policy an Alternative to Elusive Umbrella Policies (NY)

/ Owner - October 22, 2024

Habitat recently reported on the forces that are squeezing the renewal of umbrella insurance policies — today’s hard insurance market, the departure of many insurance carriers from the New York market, and the tighter scrutiny insurance carriers are giving to clients before renewing umbrella policies. It all adds up to an imperfect storm for co-op and condo boards. Today, a broker offers an alternative:  Read the article…………………………….

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