News - Tools & Intel | CRC Group
Understanding & Navigating 2021’s Hard Healthcare Market

Understanding & Navigating 2021’s Hard Healthcare Market

While the COVID-19 pandemic offered new challenges, the healthcare market was already primed to be tough in 2021. After more than 10 years of a soft market and deteriorating results, it started to turn in the latter half of 2019. Launching into the new year, significant rate and retention increases, lower limits, and more policy movement toward claims made, was expected. However, the coronavirus amplified all of these issues, and while market adjustments were sorely needed, it remains unclear how long it will take to bring the business back to profitability.

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Surge in Excessive Fee Litigation is Impacting Fiduciary Liability Insurance

Surge in Excessive Fee Litigation is Impacting Fiduciary Liability Insurance

Excessive fee litigation originally began to emerge in the early 2000s, and has now reached an all-time high.

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Private D&O REDY® Index - January 2021

Private D&O REDY® Index - January 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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 Private D&O REDY® Index - December 2020 TTM

Private D&O REDY® Index - December 2020 TTM

The REDY Index leverages CRC Group’s collection of actionable data – the wholesale industry’s largest. It provides critical pricing analysis on a monthly basis 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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Pandemic Accelerating D&O Market Changes

Pandemic Accelerating D&O Market Changes

As a coverage line, directors and officers liability was already hardening before the coronavirus pandemic emerged in 2020. COVID-19 has accelerated tightening in the D&O marketplace, which has become much more challenging for both public companies as well as private organizations.

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Stresses Ease in California Earthquake Market
Stresses Ease in California Earthquake Market
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
Creativity Holds the Key to Dealer Open Lot Market
Creativity Holds the Key to Dealer Open Lot Market
Marketplace Tight for Healthcare Risks Despite New Capacity
Marketplace Tight for Healthcare Risks Despite New Capacity
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