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Is Your Broker Mediocre?
It may be a buyer's market, but choosing the best broker is far from easy.
March 1, 2010
These are bargain-basement days for insurance buyers. In the fourth quarter of 2009, workers'-compensation and general-liability premiums dropped 5.5% and 5%, respectively, from the previous year, according to a survey of 1,100 risk managers by Advisen and the Risk and Insurance Management Society. Even the cost of directors' and officers' (D&O) liability insurance — a tougher market given that corporate boards are in the hot seat — dropped 2.8%. Read more...
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