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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Excess & Umbrella REDY® Index September 2021

Excess & Umbrella REDY® Index September 2021

The REDY Index leverages CRC Group’s collection of actionable data – the wholesale industry’s largest. It provides critical pricing analysis monthly, giving you a snapshot of the marketplace. The REDY Index generates instant intelligence on pricing trends by industry or coverage, enabling our retail partners to set accurate data driven expectations with their clients. Removing the guesswork empowers CRC team members to negotiate competitively, consistently producing better outcomes, better deliverables, and better results.

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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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Rough Road Ahead in Excess Casualty

Rough Road Ahead in Excess Casualty

The excess casualty market faces a rough road ahead. After a difficult 2020, the market is likely to remain hard at least through 2021 and possibly into the following year. Carriers continue to reduce limits and increase premiums as they grapple with the aftereffects of underpricing in the soft market. Much of the hardening is being driven by losses in auto, and also where social inflation is leading to more so-called ‘nuclear’ verdicts. Along with auto fleets, construction, real estate, habitational and hotels stand among the more difficult markets.

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Are Your Casualty Limits Adequate? Don’t Chance It

Are Your Casualty Limits Adequate? Don’t Chance It

During economic slowdowns, including the global coronavirus pandemic, many insurance buyers are tempted to pare the size of their programs. With the property and casualty insurance marketplace hardening across virtually all lines, the cost of maintaining existing levels of coverage is going up. Deciding to buy less liability coverage, however, may be a big mistake.

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Carriers Shift More Risk Onto Builders For Multi-Family Frame Projects
Carriers Shift More Risk Onto Builders For Multi-Family Frame Projects
Email Filtering: A Common Sense Tool for Preventing Cyber Crime
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Self-Insured Workers' Compensation Often Leaves Expensive Coverage Gaps
Self-Insured Workers' Compensation Often Leaves Expensive Coverage Gaps
Insurers Hold a Hard Line on Reported Property Values in 2022
Insurers Hold a Hard Line on Reported Property Values in 2022
Property REDY® Index March 2022
Property REDY® Index March 2022
Excess & Umbrella REDY® Index March 2022
Excess & Umbrella REDY® Index March 2022
Private D&O REDY® Index March 2022
Private D&O REDY® Index March 2022
Cyber REDY® Index March 2022
Cyber REDY® Index March 2022
State of the Market at a Glance | Casualty, Property, ExecPro, Personal Lines, Construction
State of the Market at a Glance | Casualty, Property, ExecPro, Personal Lines, Construction
Partnering With a PEO? Watch Out for EPL Coverage Gaps
Partnering With a PEO? Watch Out for EPL Coverage Gaps
Claims Litigation Comes Back to the New Legal Normal
Claims Litigation Comes Back to the New Legal Normal
Property Deductible Solutions to Save Money and Meet Lender Requirements
Property Deductible Solutions to Save Money and Meet Lender Requirements