In this webinar, learn about the factors driving the nonprofit insurance crisis, resulting in non-renewals of overall insurance programs or certain lines of coverage within their insurance program, or renewals only with steep increases in cost and/or a reduction in coverage. Such factors include:
- The abuse crisis and the increased public attention surrounding it
- State legislation extending the civil statute of limitations for abuse claims
- Catastrophic weather events
- Changing carrier appetite
Get insider tips and recommendations for navigating your upcoming insurance renewal. Additionally, understand risk management best practices that can position your agency for the best possible renewal outcomes. Learn about alternative options such as captive insurance groups and risk retention groups, which offer access to liability insurance when the market is in flux.