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2021 Excess Casualty Market Remains Firm

2021 Excess Casualty Market Remains Firm

Following a soft market cycle characterized by marked underpricing, an excess casualty market that was hardening at the start of 2021 is now firm. Underwriters continue to look for rate increases and cut capacity as large claims climb the tower.

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New York Construction Market Steady Post-Pandemic

New York Construction Market Steady Post-Pandemic

When the coronavirus struck in early 2020, construction projects all around NYC were halted throughout April and May as officials scrambled to outline pandemic restrictions. Unfortunately, with strict lockdowns and safety guidelines required to slow the spread, the construction market in New York contracted by 3.8%, resulting in $9.8 billion in lost construction over the course of the year.

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Why Consider Personal Umbrella Insurance?

Why Consider Personal Umbrella Insurance?

It’s common to assume that a tragic accident won’t happen to you. Unfortunately, hoping something won’t happen isn’t an effective means of protecting against the unexpected. Just one accident can wipe out your savings and assets. It's impossible to predict the amount that could be awarded to the winner of a lawsuit resulting from an auto collision or an accident on your property. Purchasing a personal umbrella policy is one simple way that individuals or families can protect against the devastating financial impact of an unforeseen event.

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CRC Helps Financial Services Firm Achieve Reversal of Coverage Denial and Agreement to Defend E&O Claim

CRC Helps Financial Services Firm Achieve Reversal of Coverage Denial and Agreement to Defend E&O Claim

CRC strives to put the client first by analyzing coverage issues to provide valuable insights that can help facilitate claim resolutions. Recently, CRC Group’s Claims Advocacy Team assisted a privately held financial services company in reversing a coverage denial and obtaining a full defense against a baseless class-action lawsuit related to a Ponzi scheme.

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Insurance Landscape Hardens Further as Wildfires Rage

Insurance Landscape Hardens Further as Wildfires Rage

The 2021 wildfire season is predicted to be the fifth consecutive year in a pattern of severe fire seasons. Wildfire threats emerged early this year as 98% percent of land in the Western states continues to experience drought conditions compounded by early summer heatwaves.

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2021 Excess Casualty Market Remains Firm
2021 Excess Casualty Market Remains Firm
New York Construction Market Steady Post-Pandemic
New York Construction Market Steady Post-Pandemic
Why Consider Personal Umbrella Insurance?
Why Consider Personal Umbrella Insurance?
CRC Helps Financial Services Firm Achieve Reversal of Coverage Denial and Agreement to Defend E&O Claim
CRC Helps Financial Services Firm Achieve Reversal of Coverage Denial and Agreement to Defend E&O Claim
Insurance Landscape Hardens Further as Wildfires Rage
Insurance Landscape Hardens Further as Wildfires Rage
Excess Liability: Do Follow-Form Policies Really Follow Form?
Excess Liability: Do Follow-Form Policies Really Follow Form?
CRC’s Claims Advocacy Helps Medical Imaging Center Obtain Carrier Agreement to Defend Wage & Hour Claim
CRC’s Claims Advocacy Helps Medical Imaging Center Obtain Carrier Agreement to Defend Wage & Hour Claim
Property Insurance: Inflation & Rising Building Costs Create ITV Challenges
Property Insurance: Inflation & Rising Building Costs Create ITV Challenges
Excess & Umbrella REDY® Index June 2021
Excess & Umbrella REDY® Index June 2021
Cyber REDY® Index June 2021
Cyber REDY® Index June 2021
Private D&O REDY® Index June 2021
Private D&O REDY® Index June 2021
Cyberwrite on REDY®: Helping Clients Understand & Quantify Cyber Risks
Cyberwrite on REDY®: Helping Clients Understand & Quantify Cyber Risks