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.
April 23, 2024
The earthquake insurance market saw significant rate movement in 2023, driven primarily by inflation and a focus on valuation. The market is expected to stabilize in 2024, but challenges remain for insureds seeking coverage. Keep reading to learn how agents can help property owners secure the right coverage.
April 16, 2024
New York State Labor Law sections 240 / 241, known as the Scaffold Law, has created a litigious environment and made it difficult for contractors to obtain insurance. However, proposed legislation would reform the Scaffold Law on projects with federal funding. Could the bill pass? And what would it mean for the insurance market in New York?
As labor shortages continue to plague the healthcare industry, providers are using staffing agencies to fill the gaps. How does this strategy impact liability? Obtaining the right coverage for a healthcare staffing agency can be more complicated than meets the eye.
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.
March 15, 2024
Want to know more about what to expect in the insurance marketplace but don’t have time to read a 10+ page State of the Market? Interested in emerging trends and market or capacity changes? Gain the key marketplace insights you need at just a glance with our easy-to-read 2024 guides.
March 13, 2024
February 15, 2024
There are major differences between pollution coverage extensions in a GL policy and a genuine pollution insurance policy. Insurance agents are living on the edge by verifying pollution insurance on COIs if the only coverage is provided by a GL policy with an endorsement making exceptions to the pollution exclusion. Continue reading to learn more about obtaining the right pollution liability coverage.
In the evolving landscape of digital assets, it's crucial that businesses understand how to navigate the insurance space. Over the past several years, this industry has seen significant growth and transformation, with various challenges and opportunities coming to the forefront.
January 31, 2024
Following a year-long reset, a less turbulent property market is offering reasons for cautious optimism as capacitystabilizes across geographies and lines of business. While challenging conditions persist, a more targeted approach tofurther adjustments is anticipated in 2024.