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.
July 16, 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. Removing the guesswork empowers CRC team members to negotiate competitively, consistently producing better outcomes, better deliverables, and better results.
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.
June 17, 2024
Following a year-long reset the E&S market is stabilizing in 2024. However, it remains crucial that retail agents adhere to property submission best practices when pursuing optimal property coverage to meet their clients’ unique needs. These practices can help streamline placements and mitigate potential errors and omissions.
Texas is the latest state to pass data privacy legislation. The law takes effect July 1st and is meant to protect consumers’ control over their data. However, it creates regulatory requirements and risks for any business that operates in Texas. Learn how businesses can comply with the new law and how you can help your clients minimize their data breach risk.
More trucks on the road can increase the frequency of accidents, including fatalities. Controlling losses continues to be a challenge for the trucking industry as the sector struggles to hire qualified drivers and balance rising operational costs. Read more about what’s happening in the trucking industry and the unique risks facing insureds.
In 2024, manufacturers are expected to face economic uncertainty based on the ongoing shortage of skilled labor, lingering supply chain disruptions, and new challenges around innovation and climate change. Like any other industry, mistakes happen in manufacturing, which means maintaining both E&O and product recall coverage should be an important part of any company’s risk management plan.
June 07, 2024
May 15, 2024
In April the FTC issued a final rule largely banning noncompetes nationwide. The groundbreaking ruling has the potential to shake up the job market. With millions potentially affected, what's at stake for employers and employees? Dive in to explore alternatives and unravel potential impacts. Will this ruling revolutionize the workplace or spark a legal battleground?
Price increases are decelerating in a more manageable excess trucking market after sharp hikes over the last two years. Still, carriers remain cautious and selective. Smaller accounts may have an easier time, but larger accounts should expect a bumpier ride.
May 13, 2024
Some construction projects pose greater difficulty in obtaining insurance coverage, including those utilizing EIFS cladding, projects planned on difficult terrain or in urban areas, and structures using modern, engineered timber. Specialist wholesale brokers can provide the guidance needed to find the most appropriate coverage for unique or challenging builds.
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.
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!