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.
October 14, 2024
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.
September 12, 2024
A landmark Supreme Court ruling clarified aspects of the TCPA, but the ruling hasn’t had much impact on the volume or size of TCPA lawsuits. Many companies who engage in telemarketing are still either uninsured or underinsured. Click below to learn more about how to navigate this potentially catastrophic risk.
TPLF has evolved into a $18 billion industry worldwide, and 52% of that money is being spent in the U.S., making TPLF a key contributor to the social inflation hiking up jury awards and settlements. As insurance companies pay for outsized awards, they balance the loss by narrowing coverage terms, expanding deductibles, and raising premiums, costs ultimately born by consumers and insureds.
As GLP-1s surge in popularity, are your healthcare clients prepared for the new risks these medications introduce? From liability issues to shifting insurance coverage, the landscape for healthcare providers is evolving rapidly. Discover how these emerging exposures could impact your clients.
August 22, 2024
A special type of insurance called Trade Credit Insurance (TCI) is required and mandated by banks in Europe, but many U.S. companies are unaware of it. This policy triggers when a company fails to pay in a B2B transaction. As bankruptcy rates climb and economic volatility increases, should businesses consider insuring their accounts receivable?
Insurance professionals help clients grasp the risks and impacts of events like recalls or contamination, highlighting the importance of recall and contamination insurance for covering costs and providing crisis management support. CRC Group offers specialized expertise and extensive market access to help retail agents secure optimal coverage and manage complex risks effectively.
August 01, 2024
July 29, 2024
A simple software update by CrowdStrike, a cloud-based cybersecurity platform, caused a global crisis, sending 8.5 million Windows devices into chaos and crashing Microsoft Azure systems. What are the wider potential insurance impacts? What does it mean for cyber insurance and risk management?
July 18, 2024
Most people assume nothing bad will ever happen to them, but a single accident could wipe out a family’s savings and assets. Why take the chance? Purchasing a personal umbrella policy is a simple, affordable way to protect your clients from the financial devastation of an accident or lawsuit.
Law firms are often a treasure trove of private data for cybercriminals and lackluster cybersecurity have made law firms rich targets for cybercrime. Firms looking for cyber coverage are strongly encouraged to take their cybersecurity seriously as highly skilled attackers will exploit any vulnerability they can find.
A recall can be costly for a food manufacturer. But what if the contaminated food is shipped to other manufacturers and used in other products? What if those products hit retail shelves? The potential cost of a recall can quickly become catastrophic if it extends to customers, distributors, and retailers.
July 17, 2024
In our modern, connected society, AI is here to stay. However, the emerging risks and insurance implications are complex, diverse, and constantly evolving. Many companies and vendors are scrambling to incorporate AI because it sells. However, new technology also offers new risks that must be understood and confronted.
July 16, 2024
CRC Group's Placing You First Podcast is all about keeping you informed. We feature insights from our wholesale brokers and underwriters — the people within CRC Group who drive our success. It’s one more way we prioritize what matters most to you. Start listening today!