News - Tools & Intel | CRC Group
Excess Liability: Do Follow-Form Policies Really Follow Form?

Excess Liability: Do Follow-Form Policies Really Follow Form?

Follow-form policies are meant to help simplify and provide consistent coverage for excess liability programs. Ideally, follow form policies would provide excess coverage under the same terms and conditions as the underlying policy, that is follow the underlying form. In the real world, such policies often fall short of that ideal. Even though the coverage is labeled follow form, it’s not safe to assume that the policy actually provides the same coverage.

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Rapid Growth of TPLF Impacts Insurance Affordability

Rapid Growth of TPLF Impacts Insurance Affordability

Over the last decade, third-party litigation funding (TPLF) has evolved into a $17 billion industry worldwide, and 52% of that money is being spent in the U.S., making TPLF a key contributor to social inflation, hiking up jury awards and claim settlements that may have a significant impact on insurance prices and coverage availability.

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2022 State of the Insurance Market

2022 State of the Insurance Market

When faced with the promise of a new year, many people look ahead – leveraging lessons from the prior year to chart a path forward, overcome obstacles, and reach for a new goal. The best in the insurance industry often do the same thing as they examine market conditions and strive to meet client needs in an ever-evolving landscape.

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Claims Advocacy Team Gets Carrier to Rescind Denial of Defense for Slip-and-Fall

Claims Advocacy Team Gets Carrier to Rescind Denial of Defense for Slip-and-Fall

When an insurance carrier denied coverage and defense to a condo association just two weeks before a status hearing in a slip-and-fall case, the retail agent turned to CRC Group’s Claims Advocacy Team for help. Despite the time constraints, CRC was able to review the claim, advocate for coverage, and convince the carrier to rescind its denial—all in time for the Insured to receive a defense at the hearing.

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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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Pollution Liability: Is a GL Extension Enough?
Pollution Liability: Is a GL Extension Enough?
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Decrypting the Digital Asset Insurance Space
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Less Turbulence Ahead in the E&S Property Market
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Product Recall Claim Trends
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Long-Term View Important for Senior Living Marketplace
Excess & Umbrella REDY® Index January 2024
Excess & Umbrella REDY® Index January 2024
Cyber REDY® Index January 2024
Cyber REDY® Index January 2024
Private D&O REDY® Index January 2024
Private D&O REDY® Index January 2024
Errors & Omissions REDY® Index January 2024
Errors & Omissions REDY® Index January 2024
Property REDY® Index January 2024
Property REDY® Index January 2024
Disability Insurance: Protection When Illness or Injury Strikes
Disability Insurance: Protection When Illness or Injury Strikes