CRC Specialty's Tools + Intel spans a diverse spectrum of industry issues to keep you and your clients informed. This is truly news you can use, coupled with the latest exclusive programs, featured tools, links to compelling news stories, and more.
September 19, 2025
Wildfires are no longer rare events—they’re a recurring threat in many regions across the U.S., particularly in the West. In 2024, more than 2.6 million U.S. homes across 14 states were considered at moderate to very high risk of wildfire damage. Many will remember that in January 2025, wildfires fueled by Santa Ana winds devastated thousands of homes in Los Angeles. The total damage is still being calculated, but a preliminary estimate puts total economic losses north of $250 billion. Together, the Los Angeles fires are forecast to be one of US history’s most expensive natural disasters. These fires brought more scrutiny to wildfire exposure, spotlighting the danger to more populated areas.
Banking depends on the foundational principle of Know Your Customer (KYC): a regulatory requirement obligating financial institutions to verify the identities of all depositors and borrowers. Historically, after identities were confirmed, banks and credit unions relied on wet-ink signature cards authorizing transactions; however, inadequate verification protocols have led to significant losses, including fraudulent loans, forgeries, wire transfer fraud, money laundering, and regulatory fines.
The excess casualty market is facing mounting pressure as nuclear verdicts and outsized auto losses continue to rise. Insurers are demanding higher attachment points and adding new exclusions, creating significant challenges for businesses seeking coverage. With rates climbing and capacity tightening, understanding market dynamics and exploring alternative structures is more important than ever.
As global trade tensions fluctuate and new tariffs are imposed or adjusted, their effects extend far beyond international economics. They could also have a direct and growing influence on the property insurance marketplace. From strained supply chains to rising replacement costs, tariffs could reshape how insurers and insureds evaluate risk and price protection.
August 20, 2025
As DEI programs come under legal and political fire, a new wave of Employment Practices Liability (EPL) risks is emerging. Could pulling back—or doubling down—on DEI initiatives expose your clients to litigation? Discover what agents need to know and how to help clients stay compliant, competitive, and protected.
Can your General Liability policy truly protect your clients in today’s volatile environment? As domestic terrorism threats rise and A&B exclusions grow, insureds face increasing exposure to nuclear verdicts. Learn why private market terrorism policies offer the clarity and certainty your clients need in an era of evolving risk.
Are your cannabis clients missing key coverage—or leaving money on the table? With shifting regulations, emerging risks, and evolving coverage options, staying ahead is more important than ever. Discover the 10 essential insights brokers need to navigate the cannabis insurance marketplace with confidence.
July 17, 2025
Despite economic uncertainty, real estate is booming—but are your insurance solutions keeping pace? Traditional policies leave critical gaps as investors and developers embrace vertical integration and investment complexity grows. Discover how a combined insurance approach can bridge coverage gaps and protect against emerging risks in our latest article.
What’s fueling rising insurance costs in the trucking world? From nuclear verdicts to skyrocketing repair costs and driver shortages, today's challenges demand more innovative solutions. This article explores how market dynamics are impacting primary trucking insurance and how brokers can help clients navigate the turbulence.
Are your clients covered adequately for today’s domestic terrorism risks? With terrorism threats evolving and domestic events on the rise, is the current insurance safety net enough? Discover why TRIPRA may no longer provide the protection your clients need — and how the private market offers stronger, more flexible alternatives.
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.