I was just working on a church in Western PA and I cannot believe how thinly priced that market it.
All these mutual companies and other carriers beating themselves up for them.
I do not get it .. most of the property is older and not a great risk IMO.
I think you will see that market start to harden soon.. I just had a church. $18M TIV on the property, GL, Professional, and a $2M Umbrella ... $8600 total premium... that's insane IMO!
Source of insurance-forums.net
All these mutual companies and other carriers beating themselves up for them.
I do not get it .. most of the property is older and not a great risk IMO.
I think you will see that market start to harden soon.. I just had a church. $18M TIV on the property, GL, Professional, and a $2M Umbrella ... $8600 total premium... that's insane IMO!
Comments
Post a Comment