During economic slowdowns, including the global coronavirus pandemic, many insurance buyers are tempted to pare the size of their programs. With the property and casualty insurance marketplace hardening across virtually all lines, the cost of maintaining existing levels of coverage is going up. Deciding to buy less liability coverage, however, may be a big mistake.

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 Featuring:

• Philip Cook is a broker based in CRC’s Birmingham, Alabama office and member of the Casualty Practice Advisory Committee.
• Marv Rubin is a broker based in CRC’s Redondo Beach, California office, specializing in Casualty business.

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