BSR is pleased to offer Public Officials liability coverage through an A.M. Best A++ rated carrier. This product targets For-Profit and Not-For-Profit Special Service Districts with up to $25,000,000 in revenue.
Would you like to receive a quote on every piece of business Check out our eligibility guidelines. If the risk fits the HIT ZONE, you will get a quote every time.
Overview of the Program From Bailey Special Risks, Inc.
Bailey Special Risks, Inc. (BSR) places Public Officials Liability for Special Service Districts through a top-tier market (A.M. Best A++, United States Liability Insurance Company). This wholesale broker program is built for independent agents who need a reliable market for quasi-governmental and district entities—both for-profit and not-for-profit—whose annual revenue does not exceed $25 million.
Ideal Accounts and Appetite
- Special Service Districts and similar quasi-governmental entities (examples: water, sewer, sanitation, lighting, parking, parks & recreation, business improvement districts, transit or improvement districts).
- Both for-profit and not-for-profit districts with clear governance structures and formal boards of directors or commissioners.
- Revenue up to $25,000,000. Smaller and mid-sized districts are preferred.
- Accounts with standard exposures to official duty, board decisions, procurement, contracting and employment-related allegations—where historical loss activity is reasonable and well-documented.
Coverage Highlights and Advantages
- Public Officials Liability tailored for directors, officers, appointed and elected officials, and management-level employees.
- Defense costs, wrongful acts and related liabilities that arise from official actions, decisions or omissions (coverage specifics vary by policy—see underwriting).
- Access to an A.M. Best A++ carrier through BSR’s wholesale distribution, improving placement chances for eligible risks.
- Streamlined quoting when an account fits the program’s “HIT ZONE” — you’ll receive a quote every time the risk meets eligibility guidelines.
Underwriting Notes and Minimum Premiums
Underwriting focuses on financial stability, governance practices, documented policies and controls, and the district’s claims history. Typical submission requirements include an application, current financials or revenue statements, and loss runs (if applicable). Please consult the eligibility guidelines before submitting; risks that fall outside the stated revenue threshold, have significant multi-jurisdictional exposure, or have a history of frequent or severe claims may be declined or referred.
Territories and Availability
This program is available in: AL, AZ, AR, CA, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, LA, MD, MA, MI, MS, MO, NJ, NY, NC, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WV, WI, WY. Availability may vary by state; confirm with BSR during submission.
Why Work With Bailey Special Risks, Inc. on This Business
- Wholesale broker access to a financially strong carrier (United States Liability Insurance Company) that underwrites public officials exposures.
- Program tailored for the nuances of special service districts—both for-profit and not-for-profit—so you can present accounts with confidence.
- Efficient quoting for risks within the HIT ZONE and experienced underwriting guidance for borderline or complex accounts.
Example Account Scenarios
- You have a water improvement district with $3.5M revenue, a five-member board, documented procurement policies and no prior public officials claims—this program is a good fit for a straightforward quote.
- An urban business improvement district that runs events and parking operations with $12M revenue and standard governance procedures—fits the program appetite if loss history is manageable.
Frequently Asked Questions
What types of accounts are a good fit for BSR’s Public Officials Liability program?
Special Service Districts and similar quasi-government entities, both for-profit and not-for-profit, with annual revenue up to $25M and stable governance and financials. Examples include water, sanitation, lighting, parking and business improvement districts.
Which carrier provides the coverage?
The program is placed through an A.M. Best A++ carrier, United States Liability Insurance Company, via Bailey Special Risks, Inc. as the wholesale broker.
What do you need to submit for a quote?
Typical submissions include a completed application, current revenue/financial summary, and loss runs if there are prior claims. Use the program eligibility guidelines to confirm the account fits the HIT ZONE for faster quoting.
Are accounts outside the listed states eligible?
Coverage is limited to the states listed in the program. If you have a client outside those states, contact BSR to discuss alternative options or referrals.
Need help placing an account? Connect with a market specialist.