BOSTON–Public risk managers responsible to taxpayers need to take extra precautions when it comes to broker transparency, Katherine M. Peeling, outgoing president of the Public Risk Management Association (PRIMA), said in an interview.
Ms. Peeling spoke to National Underwriter at the PRIMA annual conference here where William Kostner, risk manager for the City of Lincoln, Neb., will be installed as PRIMA president tomorrow.
"Being in government, we have to be so transparent about everything," she said. "Public risk managers have to be extremely careful with their transactions because they are dealing with tax dollars. We have to try to spend them as wisely as we can."
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
