INSUR ANCE
Run for Coverage
Commercial liability insurance trends By Tracy Barbour
16 | June 2022
L
iability insurance is like a blanket that keeps out the chilly drafts of lawsuits for bodily injury or property damage. The types of claims are changing in the days of COVID-19, leading to a growing demand for liability insurance, which leads in turn to rising rates and policies with fewer bells and whistles. The elevated costs and more restrictive coverages in Alaska indicate a hardening market, according to experts. However, Alaska businesses can implement strategies to better position themselves to navigate the evolving landscape of liability issues.
Alaska Business www.akbizmag.com
