News - Tools & Intel | CRC Group

TI-Header

A Few Tips to Avoid Late Claims Reporting

A Few Tips to Avoid Late Claims Reporting

Late notice of claims can lead to denied coverage and damaged client relationships. Claims made policies require extra diligence in reporting, but many insureds wait too long—putting themselves at risk. Learn the three key steps retail agents and brokers should take to ensure clients avoid costly coverage pitfalls. Read more now!

read more
Tough Call: TCPA Insurance Still a Challenging Market

Tough Call: TCPA Insurance Still a Challenging Market

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.

read more
Rapid Growth of TPLF Impacts Insurance Affordability

Rapid Growth of TPLF Impacts Insurance Affordability

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.

read more
Trucking Industry Getting Squeezed by Claims

Trucking Industry Getting Squeezed by Claims

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.

read more
Product Recall Claim Trends

Product Recall Claim Trends

Product recall events are a known risk of doing business across many sectors. The discovery of these concerns can come from regulatory agencies like the FDA, customer product testing, supplier issues, and/or a company’s own quality control process. Even companies with the best quality control processes in place are vulnerable to product recall risks.

read more

 

Soften the Impact of Percentage Deductibles
Soften the Impact of Percentage Deductibles
A Few Tips to Avoid Late Claims Reporting
A Few Tips to Avoid Late Claims Reporting
How Are Increasing Convective Storms Impacting Homeowners?
How Are Increasing Convective Storms Impacting Homeowners?
Heavy Construction Equipment Places Weighty Demands on Insurance
Heavy Construction Equipment Places Weighty Demands on Insurance
Protecting Creativity: Why Brands & Influencers Need Media Liability Coverage
Protecting Creativity: Why Brands & Influencers Need Media Liability Coverage
A Look at the Energy Market
A Look at the Energy Market
Uncovering Hidden Challenges: Navigating Problematic Healthcare Exposures
Uncovering Hidden Challenges: Navigating Problematic Healthcare Exposures
Property REDY® Index Q4 2024
Property REDY® Index Q4 2024
Excess + Umbrella REDY® Index Q4 2024
Excess + Umbrella REDY® Index Q4 2024
Private D+O REDY® Index Q4 2024
Private D+O REDY® Index Q4 2024
Employment Practices Liability ® Index Q4 2024
Employment Practices Liability ® Index Q4 2024
Errors + Omissions REDY® Index Q4 2024
Errors + Omissions REDY® Index Q4 2024