News - Tools & Intel | CRC Group
2021 State of the Market at a Glance - Casualty, Construction, ExecPro, Personal Lines, Property

2021 State of the Market at a Glance - Casualty, Construction, ExecPro, Personal Lines, Property

Will premiums increase? Are terms and conditions changing? What lines of business have limited markets? Which lines of business have excess capacity? Here’s what clients can expect in the marketplace for 2021 in a quick and easy to read reference guide.

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Challenges Ahead for Real Estate Casualty Coverage

Challenges Ahead for Real Estate Casualty Coverage

The market for real estate casualty coverage is tightening significantly both for primary and excess with fewer standard markets willing to provide coverage. Rates, retentions and deductibles are all heading higher as claims costs and jury verdicts rise, particularly for habitability claims in California and action-over claims in New York City. To avoid those kinds of claims, underwriters are putting much greater scrutiny on submissions, particularly in litigation-prone areas. In such a fluid market, communication ahead of renewals is critical to manage client expectations. As placements become more challenging, working with experienced wholesale brokers is the key to finding the best coverage options.

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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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Insurisk CP25 Exclusive Small Contractors Program

Insurisk CP25 Exclusive Small Contractors Program

CRC is proud to bring you an exclusive and industry leading solution for your Small Contractors. CP25 provides the broadest coverage option in the marketplace, an A XV rated carrier, and industry leading claims service. CP25 delivers a program built to handle Commercial and Residential contracting risks with premiums from $5,000 to $25,000.

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2020 State of the Market at a Glance – Casualty, Construction, ExecPro, Healthcare and Property

2020 State of the Market at a Glance – Casualty, Construction, ExecPro, Healthcare and Property

Will premiums increase? Are terms and conditions changing? What lines of business have limited markets? Which lines of business have excess capacity? Here’s what clients can expect in the marketplace for 2020 in a quick and easy to read reference guide.

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Cyber REDY® Index June 2021
Cyber REDY® Index June 2021
Private D&O REDY® Index April 2021
Private D&O REDY® Index April 2021
Cyberwrite on REDY®: Helping Clients Understand & Quantify Cyber Risks
Cyberwrite on REDY®: Helping Clients Understand & Quantify Cyber Risks
Tough Outlook Ahead for Most of the Energy Market
Tough Outlook Ahead for Most of the Energy Market
Aviation Market Hardens Amid Pandemic Turbulence
Aviation Market Hardens Amid Pandemic Turbulence
Cyber REDY® Index April 2021
Cyber REDY® Index April 2021
Make Sure Your Insurance Provides the Right ESOP Coverage
Make Sure Your Insurance Provides the Right ESOP Coverage
Tough Call: How to Insure TCPA Liability Risks
Tough Call: How to Insure TCPA Liability Risks
Optimize Your Business Interruption Coverage with the BI Worksheet
Optimize Your Business Interruption Coverage with the BI Worksheet
Private D&O REDY® Index April 2021
Private D&O REDY® Index April 2021
Claims Preparation & Guidelines
Claims Preparation & Guidelines
Disability Insurance: Protection When Illness or Injury Strikes
Disability Insurance: Protection When Illness or Injury Strikes