Wright Specialty Insurance has introduced a new specialty insurance program with a wide range of property and casualty coverages and risk management services specifically designed for small to medium-sized municipalities (less than 75,000 residents) and other government entities. “We created our first dollar, low deductible Municipality Insurance Program in conjunction with Munich Re Specialty Insurance,… Continue reading Wright Specialty Introduces Comprehensive P&C Program for Public Entities
Tag: municipality insurance
Risk Placement Services and Munich Re Partnership Offers New Public Entity Program
Risk Placement Services (RPS) announced a new public entity program for clients through a partnership with Munich Re Specialty Insurance (MRSI), the insurance business operations of affiliated companies in the Munich Re Group (“Munich Re”). Munich Re is a global provider of reinsurance, primary insurance and insurance-related risk solutions. The new RPS program expands upon… Continue reading Risk Placement Services and Munich Re Partnership Offers New Public Entity Program
Cities Threatened by Climate Risk Still Getting AAA Bond Ratings
Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change — or face higher borrowing costs on the $3.9 trillion municipal bond market. Climate advocates cheered, hoping the prospect of downgrades would push local officials to better protect their residents from the effects of global… Continue reading Cities Threatened by Climate Risk Still Getting AAA Bond Ratings
Zurich North America Expands its Public Sector with Allied Public Risk
Zurich North America has entered into an agreement with program administrator, Allied Public Risk LLC to provide a full range of insurance coverage to select cities, towns, boroughs, counties, and special service districts with populations under 100,000. Zurich will begin writing the MuniPlus program on November 1 with a policy effective date of January 1,… Continue reading Zurich North America Expands its Public Sector with Allied Public Risk