News - Tools & Intel | CRC Group
Property Risk Assessment Reports – Helping Insureds Better Understand the Catastrophic Perils They Face

Property Risk Assessment Reports – Helping Insureds Better Understand the Catastrophic Perils They Face

The Catastrophe Risk Assessment Report is a proprietary tool developed by CRC Group’s Property experts to help retailers win with their clients. Exclusive to CRC Group, this report helps deliver an attractive and detailed presentation providing quality mapping and analytics with comprehensive location details and analysis to your insureds. It includes a summary of an account’s exposures aggregated a number of ways, including by CAT zones, State, flood zone, and construction type.

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Property Deductible Solutions to Save Money and Meet Lender Requirements

Property Deductible Solutions to Save Money and Meet Lender Requirements

Clients who want to better manage the costs of their property programs often look to higher deductibles as an attractive option, but their lenders may not allow it. Higher deductibles can bring significant cost savings on property insurance programs, particularly for higher hazard risks or accounts with unfavorable loss histories. Taking higher deductibles provides access to more competitive markets and can lead to the most cost-effective property program. Clients willing to take a $100,000 deductible, for instance, will draw far more interest from more markets than those insisting on a $10,000 deductible.

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Thunderstorm Models Bring Higher Deductibles

Thunderstorm Models Bring Higher Deductibles

Property owners in thunderstorm-prone inland areas are learning the impact that catastrophe models can have on their insurance costs. While severe thunderstorm models have been around for years, carriers are now making greater use of them and asking for higher deductibles and percent deductibles in high-hazard areas.

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Away From the Coast Rain Wind and Fire Roil Property Markets

Away From the Coast Rain Wind and Fire Roil Property Markets

Hurricanes dominated the headlines last year, but away from the coast, massive losses from thunderstorms, tornadoes, and wildfires continue to roil the property markets. Insureds that have become used to price cuts on non-coastal, non-cat driven business, now face possible rate increases and likely larger deductibles. Our special report "Away From the Coast - Rain, Wind and Fire Roil Property," provides valuable information about market conditions away from the coast and shows why you should avoid neglecting these non-coastal accounts. And as always, as hurricane season gets underway and is forecasted to be normal or above-normal, the experts at CRC Group are here and ready to help.

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2018 State of the Market - Property

2018 State of the Market - Property

Winds of change are driving the property market in a new direction. Nature had been kind for more than a decade, sparing the U.S. from major hurricanes and earthquakes. At the same time, record-low interest rates lured tens of billions of dollars in alternative capital into insurance markets offering returns well above the rock-bottom rates available on more standard investments. The combination of new capital and relative calm combined to push insurance rates lower year after year — until now.

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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
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Creativity Holds the Key to Dealer Open Lot Market
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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
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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