News - Tools & Intel | CRC Group
Aviation Market Hardens Amid Pandemic Turbulence

Aviation Market Hardens Amid Pandemic Turbulence

As the aviation industry rebounds from a massive pandemic-induced downturn, aviation insurance rates are rising as insurers seek to address prior-year losses and the industry’s evolving risks. Interest in private jet purchases and rentals have surged as more business fliers and individuals avoid public carriers for health reasons. The pandemic has also provided an extra boost to the rapidly growing unmanned aerial vehicle industry since camera-equipped drones can perform many tasks at lower risk and without personal contact.

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The Benefits of Occupational Accident Coverage

The Benefits of Occupational Accident Coverage

Americans learned just how vital the trucking industry is to daily life during the early days of the COVID-19 pandemic (source 1). Truck drivers all across the country witnessed an outpouring of public recognition and gratitude as the nation coped with shipping delays and supply shortages (source 1). As the economy works to recover, trucking will continue to play an essential role, making it more important than ever that trucking companies protect business operations. Often overlooked, occupational accident insurance should be a key component of any trucking company’s risk management program.

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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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Smoother Ride Ahead for Primary Auto

Smoother Ride Ahead for Primary Auto

The road ahead may be opening up in the primary auto market after last year’s nationwide economic dislocation brought on by the pandemic. The trucking industry, in particular, endured months of turmoil amid massive shifts in demand as people nationwide began not only working from home—but also staying at home after work. In commercial auto, the shutdown-induced reduction in traffic congestion may have brought a decline in accident frequency. That would be welcome news for insurers in a market where the combined ratio overall has remained above 100 for a decade. (source vi)

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Severity and Frequency of Truck Accidents is on the Rise

Severity and Frequency of Truck Accidents is on the Rise

Commercial trucking often serves as a trusted barometer for the U.S. economy. In 2019, America’s truckers carried 11.84 billion tons of freight and generated $791.7 billion in revenue*.

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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