Are you ready to navigate the security guard insurance market? Prepare to arm yourself with the essential knowledge shared by industry specialists Vince Polese and Greg Zschiesche . In our latest episode, we tackle the shrinking pool of insurers, dissect the nuances of liability concerns that have come to the forefront with cases like the Surfside Condo collapse, and analyze the diverse risks associated with various security environments. This is a must-listen for understanding the complexities and challenges that security guard firms face in securing adequate insurance in today's marketplace.Vince and Greg shed light on the labor dynamics within the security sector, emphasizing the growing presence of retirees and veterans in the field. They share valuable insights on establishing fair contracts and a meticulous vetting process that's critical for recruiting top-tier talent. Furthermore, we discuss how wholesalers like CRC Group can be a guiding light through these intricacies, underscoring the importance of fostering strong relationships and staying abreast of market trends. Whether you're an agent, a client, or simply intrigued by the inner workings of insurance for security firms, our discussion offers a wealth of knowledge that is sure to assist you in charting a course through these challenging times. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

In this episode we attempt to unravel the complexities of Habitational property insurance with Daniel Ball, a Property Broker with CRC's Boca Raton, FL office and David Pagomian, President of CRC's Red Bank, NJ office. Join us as we traverse the labyrinth of skyrocketing property valuations and the resultant seismic shifts in coverage layers. The stakes have never been higher in 2023, with ITV rates soaring, and our guided discussion highlights the urgent need for carriers to preserve their ratings, which in turn dictates their risk appetite and participation.We delve into the mission-critical role that CRC's team plays. Harnessing the power of data modeling and analytics, Daniel and David illuminate how finely-tuned loss limits not only satisfy lender demands but also keep premiums within the realm of possibility for property owners. Our conversation serves as a testament to the precision and innovation that defines CRC's approach, laying out a blueprint for retail agents and their clients to gain leverage in a market where only the resilient and inventive can truly thrive. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

As the world of remote work continues to explode, so does the need for robust cybersecurity solutions. In our latest episode, we're joined by Chris Zepeda, an Associate Broker with CRC Group’s Boca Raton, FL office, and Alexandra Kish, an Associate Broker with our Dallas, TX office. They are going to enlighten us on the often misunderstood, yet increasingly critical, world of end point detection and response (EDR). We’re going to delve into how EDR works, the key benefits of utilizing this technology, and why every business, regardless of size, should be taking note.We're not just talking tech here; we're unraveling the future of business protection. Chris and Alexandra help us understand the interplay between EDR, machine learning and artificial intelligence in detecting suspicious behaviors and threats. They also share insights on how insurers perceive EDR – is it an optional add-on or a necessity? You might be surprised at the answer. This conversation is a deep dive into the heart of cybersecurity that you won't want to miss. So, buckle up and join us! Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Today we’re jumping into the deep end with Ben Tschepikow, a Broker with Argenia, a CRC Group Company located in Little Rock, AR as well as Emma Grimshaw, an Underwriting Manager with Liberty Specialty Markets in London. They're going to discuss navigating today's flood insurance market. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

The holidays will be here before we know it and with the holidays come parties, and social gatherings with colleagues, friends, and family. Alcohol also tends to flow a little more freely than at other times of the year, making it a perfect time for us to explore the world of liquor liability insurance. Today we're in the studio with CRC Sumter Office President Renee Middleton, Sallie Howerton, an Inside Broker with CRC Group’s Indianapolis, Indiana office, and Lisa Flowers, Underwriter and Product Leader for Restaurants and with USLI. They’re going to chat with us about what the liquor liability insurance market looks like for bars, restaurants, and other venues.  Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

July 1st property renewals saw high prices and capacity cuts, but in the middle the toughest property market in recent history, the stock throughput market offered some relief.  Today, Amanda and Scott are joined by Ted Clayton, a Senior Property Broker & Office President of CRC Group’s Santa Ana, California office,  and Farrah Schubmehl, Senior Property Broker & Office President of CRC Group’s Nashville, Tennessee office. They’re going to break down the landscape of the stock throughput market for us.  Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

PFAS have been referred to by some as the next asbestos when it comes to their potential health impacts and claims potential.  Today, Amanda and Scott are joined by Jim Hamilton, Senior Broker and CRC Group’s Environmental Practice Group Leader, as well as  Sean McLaughlin, Inside Broker, with our Philadelphia office.  Both specialize in Environmental coverage, and they’re going to walk us through the insurance industry's role in dealing with PFAS-related issues.  Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Significant changes are coming to the farming industry. The FDA’s recent traceability rule changes increase the product recall risk for food producers. Today, Scott and Amanda are joined by Jon O’Malley an Associate Broker with CRC Group's Minneapolis office where he specializes in Product Recall exposures, as well as Chris Martin, also a Casualty Broker with our Minneapolis office specializing in Product Recall. They’re going to break down the FDA’s changes and their impact on farmers and food producers.  Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

We're delving into the challenges and opportunities when it comes to insuring public works construction in the U.S. in light of the pressing need for nationwide infrastructure upgrades.Amanda and Scott are joined by Jeff Dunn and Ryan Nadler, Casualty Brokers with CRC Group’s Norcross, Georgia office as well as Josh Levy, Casualty Broker with our Redondo Beach, California office. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Pixels and Biometrics are a hot topic. They’ve been referred to by some as the next asbestos when it comes to their potential health impacts and claims potential.  Today, Scott and Amanda are joined by Mike Edmonds, an Assistant Vice President with CRC Group’s Seattle office where he specializes in Cyber & Technology, E&O, Healthcare, and Management Liability as part of the Seattle ExecPro Team. We’ve also got Mark Smith, Senior Vice President and Professional Liability Broker also with CRC Group’s Seattle office. He is an active member of the ExecPro Practice Group and a member of the Cyber Specialty Team. They’re going to talk with us about the privacy risks related to the use of pixels and biometrics.  Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

The cannabis industry continues to grow rapidly. It’s expected to be worth $134.4 billion by 2030. With that kind of growth, it’s clear the industry is shedding its taboo status in some areas, but many insurance carriers are still hesitant to consider cannabis coverage, and the majority of insurance business finds a home in the E&S marketplace. In this episode, Scott and Amanda are joined by members of CRC San Francisco – Associate Broker Michele DeLuca, Vice President & Broker, Drew Taylor, and Dixie Noel, Senior Vice President & Broker. They’re going to shed some light on the cannabis insurance landscape for us. Featuring:Michele DeLuca - Associate Broker, CRC San FranciscoDrew Taylor - Broker & Vice President, CRC San FranciscoDixie Noel - Broker & Senior Vice President, CRC San Francisco Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Telemedicine is here to stay and it’s impacting the insurance needs of healthcare providers. In this episode, Amanda and Scott are joined by Josh Anderson and Conner Madey - Brokers with CRC Group’s Chicago Office where they specialize in Healthcare Liability, as well as Scott Scheiblin, a Broker with CRC Group’s Denver office. The topic: How telemedicine is changing the insurance landscape for healthcare providers.Featuring:Josh Anderson - Broker, CRC ChicagoConner Madey - Broker, CRC ChicagoScott Scheiblin - Broker, CRC Denver Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

All it takes is one bad batch of inventory to cause a foodborne illness outbreak in a restaurant, which can be a costly risk for owners. The fallout can include lost inventory, a drop in sales, and long-term reputational damage. Unfortunately, many restaurants don’t carry foodborne illness insurance, which can cover the financial and reputational fallout of an outbreak. Today, Scott and Amanda are joined by Jon O’Malley an Associate Broker with CRC Group's Minneapolis office where he specializes in Product Recall exposures, as well as Chris Martin also a Casualty Broker with our Minneapolis office specializing in Product Recall. They’re going to dive into why Food Borne Illness coverage is a smart buy for restaurants. Featuring:Jon O’Malley -  Associate Broker, CRC MinneapolisChris Martin - Casualty Broker, CRC Minneapolis Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

The trucking industry faced several challenges in 2022, but rate growth for primary auto insurance flattened for the first time in years. Today, Amanda and Scott are joined by Chris Slezak, Director of CRC Group’s Central Transportation Region, Julie Sirois, Director of CRC Group’s Northeast Transportation Region, and Alek Turko, Managing Underwriter and Office President with 5Star Specialty Programs. They’re going to fill us in on the state of the market for primary trucking insurance. Featuring:Chris Slezak - Director of CRC Group’s Central Transportation RegionJulie Sirois - Director of CRC Group’s Northeast Transportation RegionAlek Turko - Managing Underwriter and Office President with 5Star Specialty Programs Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Cybercriminals have turned the internet into a virtual battlefield, but insurers are increasingly worried about the growing risks that actual war and state-sponsored attacks pose to the market. Many insurers are adding new cyber war and terrorism exclusions to their cyber policies that further complicate an already complex marketplace. Amanda and Scott are joined by Lori Wheeler, a Broker with CRC Group’s Dallas office, and Tim Graham, a Broker with CRC’s Chicago office. They’re going to fill us in on what these exclusions can mean for clients. Featuring:Lori Wheeler - Inside Broker, CRC DallasTim Graham - Broker, CRC Chicago Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

These days utilizing only a Virtual Private Network may not be enough to qualify for a cyber insurance policy. Insurers want companies to have not only a VPN but also Multi-Factor Authentication in place for remote network access. Unfortunately, many clients don’t understand the need to use both together. Many assume a VPN is enough to protect against cyberattacks, but that could turn out to be a costly mistake. Amanda and Scott are joined by Dan Myer, a Director with CRC Group’s ExecPro Practice Group and a Broker from the Tampa, FL office. He’s going to fill us in on the importance of using a VPN and MFA together. Featuring:Dan Myer - Director & Broker, CRC Tampa Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

The pandemic exacerbated healthcare staffing shortages, pushing many organizations to rely on staffing agencies for help. However, this can increase the risk of claims. Because claim severity continues to be an issue, many markets have narrowed their appetite or chosen to exit the sector entirely, creating a harder insurance landscape for healthcare staffing. We're going to talk about all this and more with our guests Jason Lewis, President of CRC Denver and National Healthcare Practice Leader for CRC Group, Shavarra Davis, a Broker with CRC Group’s Norcross, GA office specializing in Professional Liability and Medical Malpractice, and Josh Anderson, an Associate Broker with CRC Group’s Chicago Office specializing in Healthcare Liability. Featuring:Jason Lewis - Office President, CRC DenverShavarra Davis - Broker, CRC NorcrossJosh Anderson - Associate Broker, CRC Chicago Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

From electronic logging devices (ELDs) to logistics and maintenance software, trucking companies are utilizing innovative technologies to improve efficiency and connectivity. Unfortunately, this often leads to increased cyber risk. In this episode we talk with two of CRC Group’s brokers - Chris Hunter, a Broker specializing in Transportation with CRC Group’s Houston, Texas office, and McCulle Wright, an ExecPro Broker with CRC Group’s Dallas, TX office - to explore this emerging issue in depth.Featuring:Chris Hunter - Inside Broker, CRC HoustonMcCulle Wright - Associate Team Leader, CRC Dallas Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Behavioral healthcare providers can help mitigate growing violence rates by adequately assessing the risk of violence a patient presents toward others. The right behavioral healthcare assessments can help protect people from harm and prevent professional liability claims. In this episode, we’re joined by Sue Cohen, the Executive Vice President of Negley Associates, a CRC Group company focusing on behavioral healthcare, addiction, and social services as well as Ron Zimmet, a Florida trial lawyer, and General Counsel for the Mental Health Risk Retention Group who has practiced risk management for many years. Ron discusses the importance of using the right behavioral healthcare assessments to help prevent violence against others.Episode Links:Negley AssociatesMental Health Risk Retention Group Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

In 2021, 19-year-old Orlando student Miya Marcano was tragically killed in her apartment by a 27-year-old maintenance employee with access to her apartment complex’s master key fob. In response to this tragedy and a growing trend of violence, Florida Governor Ron DeSantis signed Senate Bill 898, known as “Miya’s Law,” at the end of June 2022.   The new law took effect July 1, 2022, and seeks to strengthen renter safety measures.In this podcast episode, we discuss potential issues to watch for and what agents need to know before placing a habitational business in Florida.Featuring:Corey Friedman is a Broker with CRC Group’s Boca Raton, Florida office where he specializes in Real Estate and Habitational risks. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Hurricane Ian has proved to be a significant event for the insurance industry. In this episode, we talk with Nationally Renowned TV Meteorologist James Spann from ABC 33/40 in Birmingham, AL.  Also, Chris Carlson, the property practice leader for CRC Group, joins us to talk about the damage estimates and what this means for the insurance industry.About James Spann:James has served as the Chief Meteorologist for ABC 33/40 for 25 years and can be seen on weeknights at 4, 5, 6, and 10 o'clock. In all, James has been a television weather anchor for 44 years.James has received the two highest awards in the nation for a broadcast meteorologist.One is the national "Broadcaster of the Year" by the National Weather Association. According to the NWA, James was selected for the award "For his passionate dedication to serving the Central Alabama community with critical weather information for over thirty years, especially during the deadly April 27, 2011 tornado outbreak."James also was the winner of the AMS (American Meteorological Society) "Award for Broadcast Meteorology." The AMS stated he was the winner partly because of "his tireless efforts to advance the public's awareness of and engagement in the science of meteorology, particularly severe weather forecasting and response."James has earned multiple Emmy awards over the years. He was elected to the National Academy of Television Arts and Sciences Silver Circle, representing outstanding achievement spanning at least 25 years in the broadcast industry with a proven record of mentoring and community involvement.Link: See James' Coverage of a significant tornado in Tuscaloosa in 2011. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Uncertainty can prove costly when it comes to purchasing property insurance. When pricing catastrophe risks, underwriters must be able to quantify them accurately. Where uncertainties arise, underwriters often adjust prices in an attempt to compensate for the unknown or decline the risk entirely. Uncertainty also tends to drive up the loss estimates produced by CAT modeling tools used to help underwrite property coverage today. To avoid paying unnecessarily high prices, insureds should provide detailed data that creates a complete and accurate picture of their exposures in a schedule of values. Complete submissions based on more precise data are likely to receive a warmer welcome from underwriters who have seen an increase in submission volume in the current market. Brokers that can provide a detailed catastrophe risk assessment report using the latest modeling technology can help clients make more informed decisions about risk transfer strategies and better position them to achieve the most cost-effective insurance program.Learn about CRC Group's CAT modeling tools and processes, and why the company is uniquely positioned to give you the edge when it comes to property risk.Featuring: Colin Morris is a Senior Risk Analyst with CRC Group’s Red Bank, NJ office.David Pagoumian is the President of CRC Group’s Red Bank, NJ office. David specializes in property placements and is an active member of the Property Practice Advisory Committee. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

After a year of slashed demand in 2020, global oil demand surged in 2021 as the world began to recover from the coronavirus pandemic. In 2022, energy demand and commodity prices are still up, indicating that the energy industry is strong (source 3). Refineries are operating at approximately 95% capacity, and many companies would like to expand operations conservatively. But, like other industries all across the country, energy companies are struggling to find and hire qualified employees to fill positions. They’re also grappling with ongoing supply chain problems that make it difficult to obtain materials and purchase or repair vital equipment. As the insurance marketplace continues to contract, prices are rising for several product lines. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Senior Living Market Easing but Reprieve May be BriefAfter a year or two of hardening, the insurance market for senior living facilities took another hit in 2020 due to the COVID-19 pandemic’s new wave of compounding challenges. Brokers working with these healthcare organizations were warned to keep a wary eye on increased liability and tighter underwriting moving into 2021.Throughout the challenging market in 2020 and 2021, accounts of varying quality were often painted with the same brush in an effort to improve underwriting profitability through widespread price hikes of 20% or more. This was frustrating for higher-quality accounts, and the sector saw a subsequent rise in the secondary market as risk retention groups (RRGs) were priced slightly lower than traditional marketplace offerings. However, the impact of RRGs began to wane at the end of 2021 as new entrants began joining the space, allowing better accounts to be considered on their own merit.As we move into the second half of 2022, there are signs that the senior living insurance marketplace may be easing as 3 - 4 new insurers have now entered the space, and some legacy carriers have become more aggressive in an effort to rebuild their books after balancing portfolios. This means the pace of rate hikes may decelerate, which is good news for many operators experiencing post-COVID fatigue after significant premium increases. However, price sensitivity is still through the roof, and many insureds are looking for a better deal. The marketplace is seeing some clients choose to leave multi-year insurance relationships in favor of a lower price, but that leap may prove detrimental for insureds in the long run.Featuring:Rusty Hughes is a Senior Broker with CRC Group’s Birmingham, AL office specializing in the healthcare and assisted/ senior living sectors.Lee McClure is a Senior Broker with CRC Group’s Birmingham, AL office specializing in healthcare professional liability.Conner Madey is a Broker with CRC Group’s Chicago office where he specializes in healthcare. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Matthew Rosencrans from the NOAA Climate Prediction Center takes us through the future of property risk, including hurricanes, climate change, and more.  Is climate change causing sea levels to rise?  The answer may surprise you!How many named storms will we see in 2022?According to the best data, what can we expect in the next 5 to 10 years?After talking with Matthew, we check in with Chris Carlson, Property Leader for CRC Group, to understand the future of property insurance.Featuring:Matthew RosencransNOAA Climate Prediction CenterClimate Testbed DirectorChris CarlsonCRC Group Property Leader Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

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.View the Full Cyber REDY® Index Report at https://www.redyindex.com.  Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

In today's economic environment, many companies have difficulty hiring and retaining sufficient staff to operate. More small and mid-sized companies without dedicated internal administrative or HR staff partner with Professional Employer Organizations (PEOs) to help offload administrative burdens. In addition to providing HR, benefits, and payroll administration, PEOs often offer Employment Practices Liability (EPL) coverage to protect client companies against employee claims of wrongful termination, retaliation, harassment, discrimination, or other workplace claims.Featuring:Mike Edmonds is an Assistant Vice President with CRC Group's Seattle office, where he specializes in Cyber & Technology, E&O, Healthcare, and Management Liability as part of the Seattle ExecPro Team. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Over the last decade, third-party litigation funding (TPLF) has evolved into a $17 billion industry worldwide, and 52% of that money is being spent in the U.S., making TPLF a key contributor to social inflation, hiking up jury awards and claim settlements that may have a significant impact on insurance prices and coverage availability.What is it?  How does it work?  What effect is it having on pricing?   Where do we go from here?Featuring:Bob Greenebaum is an Executive Vice President, Central Region Director, and Casualty Practice Leader located in CRC Group’s Chicago, Illinois office. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

The deadly collapse of a 12-story beachfront condominium north of Miami Beach sent shockwaves through the Florida insurance market. One wing of the 40-year-old Champlain Towers in Surfside, Florida, crumpled to the ground suddenly on June 24, 2021, killing 98 people. Several carriers have exited the Florida property market as total settlements rise to more than $130 million, and others are pulling back on property and liability coverage. Faced with the potential for steep losses, insurers are raising rates and deductibles and becoming much more selective. In such a challenging market, it’s crucial to work with experienced, knowledgeable brokers who can provide guidance through a more complex, demanding placement process.Featuring:Sim Bridges is Vice President-Underwriting with Coastal Insurance Underwriters located in Ponte Vedra Beach, Florida.ABOUT COASTAL INSURANCE UNDERWRITERSCoastal Insurance Underwriters is a program administrator specializing in designing, creating, and managing insurance products for various business classes, including condominium associations, homeowner associations, and golf and country clubs. Coastal has become one of the largest Managing General Underwriters in the United States focused on community association products with over 8,000 homeowners and condominium associations currently insured. Coastal Insurance Underwriters is a subsidiary of Constellation Affiliated Partners, LLC. Learn more at www.ciuins.com. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Flooding continues to be the most expensive and the most common natural disaster in the United States, resulting in billions in economic losses every year. According to the National Flood Insurance Program (NFIP), 90% percent of all U.S. natural disasters involve flooding.In October 2021, the NFIP implemented its Risk Rating 2.0 program, one of the most significant changes from a rate modeling and underwriting standpoint in more than 50 years. In the past, FEMA flood zones and rates were much more generalized. However, the NFIP is striving to implement advanced technology and geocoding to more accurately rate flood risks. While these changes are vital to keeping the NFIP afloat, significant premium increases are coming because many policies have been severely underpriced for years. As the NFIP continues to evolve, retail agents face a prime opportunity to protect clients against the economic impact of flood damage with private insurance options.Featuring:Ben Tschepikow is a Broker with Argenia, a CRC Group Company located in Little Rock, AR, and is a member of the Personal Lines Practice Advisory Committee. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Transitioning markets make for tougher renewals. Rising prices, carrier repositioning, and stricter underwriting are combining to make this year’s renewals more challenging. Seeking to tame natural catastrophe losses, carriers are changing appetites, scaling back capacity in some markets, and exiting others. Those changes have helped drive submission activity to levels not seen since 2005 and are further exacerbated by new market entrants that are causing a movement of underwriting talent not seen in recent times. In this market, communication is critical for successful renewals. Experienced brokers can make the difference by helping clients put together more compelling submissions with the best available data and provide up-to-the-minute guidance on market moves.Featuring:Chris Carlson is the Director-Property Practice located in CRC’s Norcross, GA Office.Subscribe to CRC Group on YoutubeSubscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Contractors may assume they don’t need professional liability coverage. But, as the traditional construction delivery model evolves and the lines of responsibility between contractors and design firms blur, contractors face increased exposure. Fortunately, professional liability insurance is available to help protect contractors from the risks that accompany industry changes.Featuring: David Finneran is an Assistant Vice President and Broker with CRC Group’s Boston, Massachusetts office where he specializes in the areas of Pollution, Professional Liability, and Product Recall.Subscribe to CRC Group on YoutubeSubscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Following a soft market cycle characterized by marked underpricing, an excess casualty market that was hardening in 2019 is now firm. Underwriters continue to look for rate increases and cut capacity as large claims climb the tower.Three CRC Group Producers who specialize in Casualty weigh in on the current conditions of the market.Featuring:Jason Howard is a Senior Vice President located in the San Francisco, CA office where he specializes in construction, environmental, life sciences, and excess limits.Ben Wright is a Senior Casualty Broker and Vice President with the Houston, Texas office where he focuses on liability placements in the energy, construction, and industrial service sectors.Craig Nettles is a Broker in the Atlanta, Georgia office, handling a large portfolio of General Liability, Casualty, and Environmental Insurance business all across the country.Subscribe to CRC Group on YoutubeSubscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Healthcare is a diverse industry, ranging from individual practitioners and home health nurses to ambulatory care centers and integrated systems with revenues in the billions of dollars. The risks along that spectrum also vary widely, but the insurance marketplace for healthcare organizations has been almost uniformly tight. Several insurance companies that underwrote healthcare business for decades have withdrawn from some classes, citing high loss ratios. In their place, new sources of capacity have emerged. Historically, the presence of new entrants has signaled competition and a loosening of terms, conditions, and rates. Unfortunately for insureds, that is not happening in the current marketplace. It's a challenging environment that requires retailers to approach the renewal process differently.Featured in this Episode:Bob Allen is president of Pro-Praxis, a CRC Group company providing specialty programs to large healthcare organizations, based in New York.Rusty Hughes is a senior broker in the Birmingham, Alabama, office of CRC Group.Alex Gould is a broker in the Birmingham, Alabama, office of CRC Group.Subscribe to CRC Group on YoutubeSubscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Costly litigation alleging violations of the Telephone Consumer Protection Act (TCPA) has made coverage hard to get for businesses that contact customers and prospects by phone or text. We explore why markets for TPCA risks are scarce and how to work with a knowledgeable wholesale broker to help insureds.Featuring:Harold Field is Office President of CRC New York and a member of the ExecPro practice group.Subscribe to CRC Group on YoutubeSubscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Visit TheInsurer.com for more information about this interview.Recently, CRC Group's CEO Dave Obenauer sat down with David Bull from the Insurer to discuss the state of the E&S Marketplace.  It was a great conversation, and we're happy to share it with you."Strong growth in the E&S market shows no sign of letting up as a confluence of loss events, and a greater awareness of risk drives demand for products and solutions that are best innovated in the sector, according to CRC Group CEO Dave Obenauer.With record levels of business flowing through the wholesale channel, data from the US Surplus Lines Service and Stamping Offices for the first half of 2021 shows that premium soared 22 percent to $24bn.Speaking to The Insurer TV in the latest of our Leading Voices series, Obenauer said the current E&S market is the best he’s seen in terms of demand and supply." Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Featuring: Camille Knight is a Senior Broker with our CRC Indianapolis team, located in Kentucky. She has extensive experience and specializes in aviation relation risks.As the aviation industry rebounds from a massive pandemic-induced downturn, aviation insurance rates are rising as insurers seek to address prior-year losses and the industry’s evolving risks. Interest in private jet purchases and rentals have surged as more business fliers and individuals avoid public carriers for health reasons. The pandemic has also provided an extra boost to the rapidly growing unmanned aerial vehicle industry since camera-equipped drones can perform many tasks at lower risk and without personal contact.Rising insurance prices in the aviation industry come amid historic losses for commercial aviation. The COVID-19 pandemic made 2020 the worst year in history for air travel demand, according to the International Air Transport Association.1 The IATA expects net airline industry losses of $47.7 billion in 2021, which marks a massive improvement from estimated net losses of $126.4 billion in 2020.2As the aviation industry recovers, it faces an insurance market that has been hardening for several years. The rise in rates for aviation coverage has followed big losses such as the disappearance of Malaysia Airlines Flight 370 with 239 people aboard in March 2014. Five years later, two crashes of Boeing’s recently introduced 737 Max within five months added impetus to the insurance market hardening: An Indonesia Lion Air Boeing 737 Max crashed in October 2018, killing 189 people, and in March 2019 an Ethiopian Airlines Boeing 737 Max crashed shortly after takeoff with 157 people aboard. The losses extended beyond the crashes as hundreds of Boeing 737 Max airliners were grounded around the world, resulting in significant grounding liability claims in addition to liability and hull loss claims. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

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.This month CRC Group released a new set of REDY Index reports.  These reports harness wholesale’s most extensive data set to give retail agents a powerful tool to discuss pricing with their insureds. Neil Kessler, Chief Operating Officer of CRC Group, and Garrett Koehn, CRC’S brokerage co-president, walk us through what we need to know about the reports.Access the REDY Index Reports Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Amid the stubborn coronavirus pandemic, institutional capital and developer investment has paused, forcing contractors to take a wait-and-see approach for their direction in 2021 and beyond. While the industry cheered the economic comeback of the third quarter after a record second-quarter slowdown, developers and builders remain cautious, particularly in sectors deeply affected by the pandemic and the associated shutdowns – namely office buildings and hospitality. Well-capitalized projects, including those funded by municipal bonds, appear set to continue on plan while other more speculative investments have been sidelined indefinitely.Featuring:Nathan Levine is a Senior Vice President in CRC’s Boca Raton, FL office and active member of the Casualty Practice GroupMichael V. Yovino is an active member of the Casualty Practice Group and Senior Vice President in CRC’s Long Island, New York office.Download a Shareable PDF Article from this Podcast  Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Americans learned just how vital the trucking industry is to daily life during the early days of the COVID-19 pandemic. Truck drivers all across the country witnessed an outpouring of public recognition and gratitude as the nation coped with shipping delays and supply shortages\. As the economy works to recover, trucking will continue to play an essential role, making it more important than ever that trucking companies protect business operations. Often overlooked, occupational accident insurance should be a key component of any trucking company’s risk management program.ContributorAlek Turko is a Managing Underwriter and Office President with 5Star Specialty Programs, a division of CRC Group. Alek and his team specialize in providing trucking insurance solutions in the for-hire trucking, leased owner-operator, and public auto spaces.5Star is a full-service MGA, and subsidiary of CRC Group, offering unmatched expertise in the trucking, public auto, and Worker’s Compensation sectors. With more than 30 years in the industry and strong partnerships with multiple highly rated carriers, 5Star writes both fleet and individual policies, making it easier for trucking companies to sponsor a program and ensure that every leased driver has adequate coverage with known limits. Along with occupational accident insurance, 5Star also offers Worker’s Compensation to cover non-leased drivers such as company drivers, clerical staff, mechanics, and company owners. Non-Trucking Liability (NTL) and Physical Damage policies, as well as Contingent Liability is also available.Subscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

The road ahead may be opening up in the primary auto market after last year’s nationwide economic dislocation brought on by the pandemic. The trucking industry, in particular, endured months of turmoil amid massive shifts in demand as people nationwide began not only working from home—but also staying at home after work. In commercial auto, the shutdown-induced reduction in traffic congestion may have brought a decline in accident frequency. That would be welcome news for insurers in a market where the combined ratio overall has remained above 100 for a decade. FeaturingStewart Brown, TRIP is Senior Vice President & Senior Broker and CRC Transportation’s Southwest Regional Manager. He is also a member of the Casualty Practice Advisory Committee.Pete Feeney leads CRC Transportation as Regional Director and is located in Scarborough, Maine. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Wage and Hour (W&H) exposure is an often misunderstood and frequently underinsured risk. It is commonly — and incorrectly — assumed that W&H claims are restricted to either misclassification of exempt/non-exempt employment status or failure to pay overtime. However, W&H liability also includes allegations such as underpayment of overtime, miscalculation of wages, refusal to allow employee breaks, expecting off-the-clock work, not paying employees regularly, refusal to pay exempt employees for absences, not paying for time required to put on or remove protective gear or clothing, and only adhering to federal minimum wage guidelines when state guidelines warrant higher pay.Featuring:Allyson Benda is a Senior Broker, Vice President located in CRC’s Nashville office and a member of the ExecPro Advisory Committee.Subscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

The West Coast has its unique challenges like earthquakes and wildfires. These factors make for a property market that is diverse and ever-changing. In this episode, we check in with two CRC property specialists who have a lot of experience dealing with West Coast property.  How tough are rates and capacity?  How long will the challenging market last?  Are there any signs of easing? Featuring two members of CRC’s Property Practice that writes over $3 billion in property premium annually:·       Jim Sipich is a broker from the CRC San Francisco office.  LinkedIn·       Jonathan White is a broker from the CRC’s Bothell office.  LinkedInSubscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Week after week, hackers and cybercriminals launch new phishing campaigns, develop creative digital extortion threats, and expand scams with the potential to negatively impact business operations in a big way. Cyberattacks can halt online operations in only minutes and take weeks to resolve. In addition, a cyberattack that involves the loss of customer data can result in expensive litigation that seriously impacts a company’s bottom line.Featuring:Darren Valencia is a Vice President located in CRC’s Nashville office and active member of the ExecPro practice group and member of the Cyber Specialty Team.Mark Smith is a Senior Vice President in CRC’s Seattle office. He is an active member of the ExecPro practice group and member of the Cyber Specialty Team.Subscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Mold has been a part of our environment for millions of years, and there are more than 100,000 mold species naturally occurring on Earth.  While mold spores are tiny in size, they can mean big trouble for hotels and resorts. Mold has consistently been a loss leader for the hospitality industry insurers, but its impact has expanded over the last few years, with primary claim drivers including undetected HVAC or plumbing system issues, construction defects, and catastrophic hurricane and flooding activity that create an ideal environment for mold growth.Featuring:Jim Hamilton is the leader of CRC’s Environmental Practice Group and a Senior Broker in the Denver, Colorado office. He specializes in Environmental Insurance, managing a large portfolio of hospitality clients.Sean McLaughlin is an Associate Broker in the CRC Environmental Practice Group and is located in CRC’s Denver office.Subscribe to CRC Group on YoutubeSubscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

 At the beginning of the COVID-19 pandemic, employers moved quickly to develop and implement remote work-from-home protocols to protect employees. Almost a year since it all began, employers are starting to develop return to work plans. Well-known finance giants, Goldman Sachs, and JPMorgan Chase, are delaying their return after initially attempting to bring workers back near the end of 2020 only to send many workers home again after employees tested positive for the virus. Other large companies including Ford, Google, Facebook, and Target, have also stated that they’ll postpone return-to-office dates until at least summer 2021.4 As restrictions loosen or expire and vaccines slowly roll out, employers that start bringing employees back to the office will be faced with an increased risk of COVID-19-related Employment Practices Liability (EPL) claims.1 Smart employers will proactively evaluate return to work plans from both a legal and insurance perspective to ensure they are protecting business operations and employee health.  Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

The property market remains challenging in 2021.  How are agents, wholesalers, and markets dealing with the hard market?  We discuss a wide range of issues surrounding the difficult Property market.Featuring:David Pagoumian is the President of the CRC Red Bank, NJ office. David specializes in property placements and is an active member of the Property Practice Advisory Committee.Subscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

This is the state of the market for property in the northeastern United States, including trends about rates, capacity, limits, and COVID-19.2020 was a very different year for property insurance.  The industry weathered COVID-19, the elections, a record number of named storms, wildfires, and more. As we begin 2021,  it's a great time to discuss the state of the market for property. In the coming weeks, we will release more information about the state of the market for all of CRC Group's major lines of business.Featuring:Stephen Brennan | Senior Property Broker, CRC New York, NYSubscribe to CRC Group on YoutubeSubscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

This is the state of the market for property in the central and southeastern United States, including trends about rates, capacity, limits, and COVID-19. 2020 has been a very different year for property insurance.  The industry has weather COVID-19, the elections, a record number of named storms, wildfires, and more. As we approach the end of 2020,  it's a great time to discuss the state of the market for property. In the coming weeks, we will release more information about the state of the market for all of CRC Group's major lines of business.Featuring:Paul Martin | CRC Group Property Broker in Birmingham, AL and Member of the Property Practice Advisory CouncilStacey Newman |  CRC Group Senior Vice President/Property Broker in Chicago, IL, and Member of the Property Practice Advisory CouncilSubscribe to CRC Group on YoutubeSubscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Casualty capacity is shrinking and the market remains challenging.  How are agents, wholesalers, and markets dealing with the hard market?  We sit down with two CRC Casualty specialists to discuss a wide range of issues surrounding the difficult Casualty market.Featuring:Vladimir PerazaCasualty and Property Broker from CRC New York Stewart BrownTransportation and Casualty Broker from CRC SeattleSubscribe to CRC Group on YoutubeSubscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

A growing number of organizations are using biometric data, such as fingerprints and retinal scans, as a convenient way to improve security. From touchpads that unlock smartphones and computers, to scanners providing access to places of business, biometric data seems to be a fast, easy and secure way to authenticate individuals and unlock access.Download a Shareable PDF Version of this ArticleThe risks of collecting and storing biometric data, however, are high, and they require closer scrutiny. What’s more, insurance policies might not respond to claims alleging violation of biometric data privacy laws, creating coverage gaps.Featuring:Mark Waldeck is the Office President of CRC Chicago and an active member of CRC Group’s ExecPro Practice Group.Sebastian Swain is a Director with CRC’s Los Angeles office and an active member of CRC’s ExecPro Practice Group.Subscribe to CRC Group on YoutubeSubscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Everyone knows the fine print matters, but it is especially important when it comes to the additional insured endorsements sometimes requested by partners. Clauses requiring such endorsements can be expensive in ways insureds may not realize. Understanding the hidden costs of an additional insured endorsement can keep an insured from unfairly paying for another’s mistakes or unintentionally elevating insurance costs. Contractual provisions requiring additional insured endorsements can vary, and the differences can make a world of difference.Episode Links:Negley AssociatesMental Health Risk Retention GroupSubscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedInFeaturing:Susan Cohen - MSW is the Executive Vice President and leader of Negley Associates, a CRC Group Program. Sue and her team are located in Parsippany, NJ where they specialize exclusively in the behavioral healthcare, addiction, andsocial services space.Ron Zimmet - Mr. Ron Zimmet has practiced trial law in central Florida since 1975 and has served as General Counsel for the Mental Health Risk Retention Group (MHRRG), an insurance company owned exclusively by behavioral healthcare providers, for more than 33 years. While he is responsible for providing risk management services to those insured by MHRRG, he also serves as a consultant with Negley Associates, a leader in the behavioral healthcare insurance space. Ron leads Negley’s Individualized Risk Management Program (IRMP), using a variety of risk management and loss spectrum tools to help organizations reduce the risk to employees, clients, and the organization. An expert in the areas of personal injury, nursing malpractice, and medical malpractice, Ron has been recognized nationwide for his guidance enabling healthcare providers to provide safe, high-quality care. He is published in the Florida Bar Journal and has been a featured speaker in many risk management video and audio presentations. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Fifteen years into the soft market cycle, it shouldn’t come as a surprise that the Medical Professional Liability (MPL) market is turning around. Many will remember that the Long-Term Care (LTC) market began to show signs of hardening in 2017, and the Hospital segment began to follow suit in the second quarter of 2019. While the Facilities and Physician segments have lagged behind, they’re also turning the corner toward a firmer market. While the COVID-19 pandemic is to blame for many current challenges, this hard market was well on its way prior to the pandemic. In actuality, the battle against COVID-19 has functioned in many ways as a temporary pause button for the MPL marketplace, giving insureds a short period of respite due to moratoriums on litigation. However, significant market changes are anticipated for the remainder of the year and beyond. Understanding the 5 primary drivers of the tightening market can be important to helping clients comprehend the changes that are coming.Subscribe to CRC Group on YoutubeSubscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Featuring:Tom Levin is a CRC Vice President and Healthcare Broker and a member of the ExecPro Practice Advisory Committee. He also leads the Chicago Healthcare Practice.Tyler O’Connor is a broker in CRC’s Birmingham, AL office, and a member of the ExecPro Practice.Rusty Hughes is a Senior Broker in the CRC Birmingham, AL office specializing in the healthcare and assisted/senior living industries. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

During economic slowdowns, including the global coronavirus pandemic, many insurance buyers are tempted to pare the size of their programs. With the property and casualty insurance marketplace hardening across virtually all lines, the cost of maintaining existing levels of coverage is going up. Deciding to buy less liability coverage, however, may be a big mistake.Subscribe to CRC Group on YoutubeSubscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Featuring:Philip Cook is a broker based in CRC’s Birmingham, Alabama office and member of the Casualty Practice Advisory Committee.Marv Rubin is a broker based in CRC’s Redondo Beach, California office, specializing in Casualty business. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Allegations of police officers’ excessive use of force reached a flashpoint in 2020, igniting massive protests and riots across the nation. As officers in several cities face criminal charges in fatal interactions with suspects, one might expect civil liability claims against those individuals to follow. In fact, that is not the case. For various reasons, public entities bear the liability risk for police department actions. And that exposure is becoming more difficult to transfer.Subscribe to CRC Group on Youtube Subscribe to Tools & Intel (email newsletter) Read Past Tools & Intel Articles Follow CRC Group on LinkedIn Featuring:Ben Merris is Senior Vice President and Director of Public Entity at CRC, based in Chicago. Bob Greenebaum is Executive Vice President, Central Regional Director, and Casualty Practice leader for CRC Group, based in Chicago.  Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Concerts. Festivals. Fairs. Sporting events. Live theater. Corporate events. Whether it is indoors or outdoors, we love to be entertained and inspired. We thrive on learning from experts and hearing from speakers we admire. And this is why the events industry is enormous. In the United States, business meetings, conferences, tradeshows and the like provided over 5.9 million jobs. Event Cancellation Insurance coverage can help to limit the risk for those unforeseeable circumstances like illness or injury to a key person, adverse weather, loss of venue, and other situations that arise. This coverage is purchased in advance of the event to protect the event organizers, sponsors, and other rights-holders. Depending on the event type, policies can be purchased up to three years in advance. It is best to get a policy in place as soon as planning for the event begins. We discuss options for event cancellation coverage with Scott Lalonde, from Hanleigh Insurance, a CRC Group Company.Subscribe to CRC Group on YoutubeHanleigh Insurance Subscribe to Tools & Intel (email newsletter) Read Past Tools & Intel Articles Follow CRC Group on LinkedIn Featuring:Scott Lalonde is the Chief Underwriting Officer of Haleigh a CRC Group Company located in the Windsor, CT office. About Hanleigh:For over 35 years, Hanleigh has designed and underwritten products for high limit disability, personal life & accident, special risk contingency, and other niche insurance needs, including event cancellation. Our clients include some of the most successful professionals, athletes, entertainers, and organizations in the world. Hanleigh utilizes a balanced approach of discipline, creativity, and industry-leading sales support, allowing us to provide insurance solutions quickly, competitively, and accurately. As an organization, we are committed to superior service within all aspects of our business and pride ourselves on experience, market knowledge, and unique, consultative strategies.  Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Subscribe to CRC Group on YoutubeAs Hurricane Isaias impacts the US, coastal homeowners rely on insurance agents to find competitive coverage.  We discuss how insurance agents can better serve their clients in a tough market for placing coastal homeowner insurance.The 2020 hurricane season stormed in with a record six named tropical storms by early July. But in addition to forecasts for an active storm season, coastal homeowners from Florida to Texas are facing sharp rate increases as insurers seek to rein in catastrophe losses. Carriers are tightening underwriting guidelines, limiting capacity and, in some cases, pulling out of markets. Rate increases are particularly steep in South Florida’s tri-county area, but Gulf Coast homeowners from Florida to Texas should also expect higher premiums and increased deductibles as well as fewer options for wind coverage.Subscribe to CRC Group on YoutubeCRC Group Personal Lines Practice CRC Group Personal Lines Producers Subscribe to Tools & Intel (email newsletter) Read Past Tools & Intel Articles Follow CRC Group on LinkedIn Featuring:Greg Watson is the Office President of the CRC Charlotte office and a member of the personal lines practice advisory committeeClaire Willis is the National Personal Lines Practice Leader located in the CRC Jackson, MS office. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

 A supervisor at a midsize business is watching the evening news when she sees a disturbing video of people smashing windows and looting stores in the city where her company is based. What she sees next shocks her: one of the looters is not wearing a face mask, despite the coronavirus, and she realizes as he passes the camera that he’s one of her longtime employees. This scenario is fictitious but could become real for many employers, following massive protests against racial injustice and police brutality that, in numerous cities, were accompanied by rioting and violence. Employers, already struggling to reopen from the nationwide lockdown during the pandemic, face an even more painful recovery after weeks of riots across America. If employers discover some employees engaged in violence and looting, they may wonder if they can discipline those employees and worry about inviting liability if they do. What’s more, the marketplace for employment practices liability insurance is continuing to tighten. Employment practices liability insurance remains a valuable form of coverage for employers. With more discrimination claims likely from the pandemic and protests, retailers and insureds should explore ways to mitigate EPL exposures and maximize available coverage to defend against claims. Whether an insured is seeking stand-alone EPL insurance for the first time or has bought the coverage for years, a wholesale specialist is an important partner in finding the best options available.Episode Links:CRC Group ExecPro PracticeSubscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Featuring:Kunal ShawOf CounselWilson Elser MoskowitzBrian MartinBroker, ExecProCRC's DallasEpisode Timeline1:53 When is it OK to terminate an employee who has participated in a riot or protest?2:44 What kind of liability scenarios could an employer find themselves in when terminating an employee who has rioted or protested?3:48What effect is the current climate having on employer liability?4:57When will we start to see EPL claims from the riots and protests starting rolling in?5:37What are some steps that employers can take to mitigate risk in these situations?8:09How does EPL insurance factor into these scenarios?8:59What is the current state of the EPL marketplace given all of the recent events?12:05How can insurance agents best navigate this environment?14:27What value does a CRC broker bring to the equation? Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

In this episode, we discuss personal lines flood insurance with Argenia’s Ben Tschepikow. Personal Lines Flood has a reputation of being a particularly time consuming or difficult coverage to place for agents, leading many to skip working on this type of insurance altogether.  Agents should revisit this coverage due to recent updates to technology and the continued evolution of the private flood market. Episode Links:Argenia CRC Group Personal Lines Practice CRC Group Personal Lines Producers Subscribe to Tools & Intel (email newsletter) Read Past Tools & Intel Articles Follow CRC Group on LinkedIn Featuring:Ben Tschepikow Marketing / UnderwritingArgenia | A Division of CRC GroupEpisode Timeline2:33 What are your observations of the Personal Lines Flood Market? 8:43Do you feel like most people are buying enough flood insurance, and what are some of the risks of not being covered?10:04What are some of the differences between the private market and NFIP?13:43How does an agent get started with flood insurance?  What information do they need and what is the process? Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

In this special episode, we provide helpful information for behavioral healthcare providers to better mitigate the risks associated with telemedicine.The impacts of COVID-19 have changed the way we approach much of life, including how Americans receive healthcare. Social distancing, intended to “flatten the curve” and prevent further spread of the coronavirus, has dramatically expanded the use of telemedicine in the area of behavioral healthcare. It has become vital to engage with patients by telephone or video conference, especially as many patients experience increased anxiety or stress during the pandemic. Continuing to manage mental health needs is important to prevent mental health decline and potential consequences such as suicide attempts, emergency department visits, or hospitalizations during a pandemic that is already putting a strain on available healthcare resources. Because in-person appointments risk the transmission of COVID-19 and require the use of personal protective equipment already in short supply, telehealth has come to the forefront as a valuable alternative.Episode Links:Negley AssociatesMental Health Risk Retention GroupSubscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedInFeaturing:Susan Cohen - MSW is the Executive Vice President and leader of Negley Associates, a CRC Group Program. Sue and her team are located in Parsippany, NJ where they specialize exclusively in the behavioral healthcare, addiction, andsocial services space.Ron Zimmet - Mr. Ron Zimmet has practiced trial law in central Florida since 1975 and has served as General Counsel for the Mental Health Risk Retention Group (MHRRG), an insurance company owned exclusively by behavioral healthcare providers, for more than 33 years. While he is responsible for providing risk management services to those insured by MHRRG, he also serves as a consultant with Negley Associates, a leader in the behavioral healthcare insurance space. Ron leads Negley’s Individualized Risk Management Program (IRMP), using a variety of risk management and loss spectrum tools to help organizations reduce the risk to employees, clients, and the organization. An expert in the areas of personal injury, nursing malpractice, and medical malpractice, Ron has been recognized nationwide for his guidance enabling healthcare providers to provide safe, high-quality care. He is published in the Florida Bar Journal and has been a featured speaker in many risk management video and audio presentations.Episode Timeline8:17When do providers need critical information about risk?10:03So what about some specific risk management suggestions about confidentiality specific to the telehealth intake assessments and therapy sessions? 11:47Do providers always need a signed release to gather information?13:56Are there times when a provider can disclose information without consent from the patient?22:27How has the COVID-19 pandemic changed some of the confidentiality rules? Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Because property premiums are based on the value of the property, many insureds have sought to save money over the years by reporting lower values. While that tactic can bring cost savings in the short term, it works against the longer-term best interests of both the insured and the industry. Should a catastrophe strike, a business that’s underinsured may not have sufficient funds to rebuild or make it through an extended shutdown.BOTTOM LINERisk cannot be adequately managed without a true picture of the risk. The best way to obtain the most cost-efficient coverage is to provide the most accurate information, reduce modeling uncertainty, and achieve premium credits by providing better data. Brokers with expertise in assessing property risk using sophisticated modeling systems can provide better guidance in identifying the data needed to adequately manage risk. Contact your CRC Group producer for more information.Topic Timeline2:02 | Can you give us a quick recap of property insurance rates, what's currently happening in the property market?3:06 | Is under-reporting a good strategy?4:21 | What are hard limits and how does this play into this discussion?5:26 | How is software changing how agents should report?6:41 | What considerations should agents have for property submissions in the wake of the Coronavirus pandemic?8:07 | What about insureds that have catastrophic exposures? How does modeling affect them?10:34 | How important is accurate data?12:50 | What about those who are looking for cost efficient coverage?14:20 | What value does a CRC broker add?Featuring:David Pagoumian is the President of the CRC Red Bank, NJ office. David specializes in property placements and is an active member of the Property Practice Advisory Committee.Subscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Securities litigation is a hot area of insurance due to recent trends that show record numbers of lawsuits and increasing severity of settlements.  In this episode,  we explore trends in securities litigation with specialists in securities law, research, and E&S insurance.Featuring:Garrett Koehn, Western Regional Director, CRC GroupJason Hegland, Stanford Law & Stanford Securities Litigation Analytics (SSLA)Marc Casarino, Partner, White and Williams, LLPIn this episode:3:11     Broad Overview of trends in Securities Litigation4:50     Securities Litigation Data from Jason Hegland and SSLA (view Jason's slides)21:09   Legal Backdrop to Securities Litigation with Marc Casarino28:37   Covid-19's effect on Securities Litigation31:57   The Insurance Marketplace with Garrett KoehnSubscribe to Tools & Intel (email newsletter)Read Past Tools & Intel ArticlesFollow CRC Group on LinkedIn Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

When asked to list their most valuable assets, many people would place a home, car, or 401K at the top of the list. And they’d be wrong. While those are important - even vital - pieces of living life, a person’s most valuable asset is actually the ability to make a living, working to pay their mortgage, fuel their vehicle, and fund that retirement account. If unexpected illness or injury derails those efforts, life quickly begins to unravel on all fronts. Research indicates that millions of Americans lack adequate savings to handle a medical emergency, even as healthcare costs continue to skyrocket. As a result of rising expenses, employers are often eliminating or reducing benefit offerings, creating a perfect storm of financial distress when employees cannot work due to illness or injury. Fortunately, private disability insurance is available to help meet financial needs when adversity comes knocking.Guest:Chris PetersonPresidentHanleigh Insurance, a CRC Group CompanyTopics Discussed:Popular Perceptions of Disability vs. Actual DisabilityWhy a Savings Account Doesn't Take the Place of Disability InsuranceWhat Your Most Valuable Asset IsTypical Disability Claims ScenariosWhy Your Employer-Sponsored Disability Policy Is Not EnoughWhat The Disability Pyramid Is, the 3 LayersDisability Awareness MonthLinks:Have a Comment or Suggestion?  Visit our Podcast Page Hanleigh InsuranceCRC GroupTools & Intel Article Disability InsuranceSubscribe to Our Email Newsletter:  Tools & Intel Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

The first quarter of 2019 saw the excess and umbrella markets start to move toward tighter underwriting, and each quarter since has seen the market get firmer. The second half of the year brought greater capacity restrictions, higher prices, and significant challenges around program structure, due in large part to nuclear jury awards that have hit excess and umbrella lines like never before. Brokers that succeed in 2020’s changing market will depend on creativity, proactive strategic planning, and strong carrier relationships to help clients weather the storm. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

The earthquake market has moved onto unstable ground as insurers and alternative capital investors demand higher returns on their capital. Rate increases have ramped up over the last year, and buyers should expect higher prices this year for the same coverage. Higher deductibles can be an effective strategy to manage premiums. Buyers who can provide better and more detailed information on their risks can expect a better reception from underwriters. Early and active marketing and working with a broker that offers broad access to markets are crucial for obtaining the most cost-efficient coverage.We discuss the latest in EQ with:Ted Clayton is President of CRC’s Santa Ana office and is an active member of the Property Practice Advisory Team. Ted specializes in property and marine business.Phil Mazur is President of CRC’s San Francisco office and an active member of the Property Practice Advisory Team. He specializes in difficult to place property risks, including California earthquake.Subscribe to the Tools & Intel Email NewsletterVisit CRC Group Online Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

In insurance, hard markets present hard choices. Policyholders often face sharply higher rates and tighter terms and conditions at renewal, along with exclusions their expiring liability coverage did not impose. In these situations, incumbent carriers may offer an extended reporting period (ERP), which lets insureds file claims after the original policy’s expiration date. Buying an ERP, however, has significant risks that insureds and their agents should consider.Featuring:Mike Robison is a Senior Broker in CRC’s Dallas office and ExecPro National Practice Leader.Linda Caruthers is Vice President, Director in CRC’s Minneapolis and active member of the ExecPro Practice Group.Subscribe to Tools & IntelCRC Group Online Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

As Americans grow increasingly anxious about the impacts of COVID-19 and public life is limited by social distancing, food production demands are changing. Product sales at retail locations are reaching unprecedented levels. This doesn’t mean people are eating more – just that they’re eating at home due to the closure of restaurant dining rooms and other public spaces.Changes in the food distribution system can lead to changing or different exposures.  Chris Martin, a CRC Broker who specializes in Product Recall walks us through the issues surrounding product recall insurance in the age of Coronavirus.Featuring:Chris Martin is the Office President of CRC’s Minneapolis office and member of the Casualty Practice Advisory Committee. Chris focuses on Casualty business and specializes in Product Recall placements.Subscribe to Tools & IntelCRC Group Online Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Michelle Foster Earle, CEO of Omnisure, an independent Health-care risk services consulting group, shares some advice and answers to common questions she is getting in the wake of Coronavirus.Lee McClure from CRC Birmingham updates us with the latest Healthcare Facilities insurance information; what we know and what we don't know. He tackles everything from Healthcare Facilities insurance limits to capacity and claims.Subscribe to Tools & IntelCRC Group Online Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

As businesses of all sizes strive to protect their employees and preserve cash flow during the coronavirus pandemic, likely the last thing on most of their minds is employment practices liability (EPL) exposures. But EPL risks are higher during pandemics and other periods when employers are more likely to furlough, lay off or ask employees to work from home.Despite federal legislation aimed at relieving financial burdens on workers and their employers, many businesses face difficult choices – and more complicated record keeping.Featuring:Guest Contributor Kunal Shah Of Counsel Wilson Elser Moskowitz Edelman & Dicker LLP Kunal Shah focuses his practice on labor and employment litigation and counseling. Kunal defends employers from the demand letter stage through the administrative charge process, and eventually, litigation. Kunal also strives to provide clients with day-to-day employment counseling, training and advice as a means of claims prevention. Kunal has extensive experience handling discrimination claims brought under Title VII, FMLA, ADA, ADEA and state employment statutes, along with tort and contract claims related to various employment and independent contractor agreements. He also represents employers in connection with FLSA and state wage claims brought as single-plaintiff and collective or class actions. Kunal routinely advises clients on day-to-day employment issues such as, hiring, terminations, RIFs, complaint investigations, restrictive covenants, trade secret protection and employee classifications. He also conducts audits of employer policies to ensure compliance with state and federal laws, and performs training seminars for management and rank and file employees targeted at claims prevention.Allyson Benda is a Senior Broker in CRC’s Nashville office, and member of the ExecPro Practice Advisory Committee. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Subscribe to Tools & IntelCRC Group OnlineFeaturing:Brennan Paris - Director of Carrier DistributionBob Greenebaum - Casualty Practice LeaderPaul Martin - Property Practice LeaderMike Robison - ExecPro Practice LeaderNeil Kessler - Chief Operating OfficerCRC Group is placing you first before, during, and after the Coronavirus pandemic.  We talk with leaders from CRC Group to learn more about the various initiatives the company is taking with carriers and in property, casualty, and professional lines of business.  Neil Kessler provides an update about the steps our corporate team has pursued to mitigate Coronavirus's effect on our business, and how we are caring for our teammates during this tough time. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Subscribe to Tools & IntelCRC Group OnlineFeaturing:Jason Lewis who is the Healthcare Practice Leader for CRC Group based in Denver, CO.Andrew Sheeley, a founding partner of Sheeley LLP, a full-service defense litigation firm in New York, NY with extensive experience in Healthcare.We examine the host of legal issues emerging as a result of Coronavirus with  Andrew Sheeley.  You'll hear updates about the latest state and federal executive orders, both planned and enacted. Also, Andrew provides tips on how a Healthcare facility can prepare for future litigation.  Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Subscribe to Tools & IntelCRC Group OnlineFeaturing:Cushman Andrews who is a Senior Vice President and Casualty Broker with CRC Group’s Chicago, Illinois office.Bob Greenebaum who is an Executive Vice President, Central Region Director, and Casualty Practice Leader with CRC Group’s Chicago, Illinois office.Scott Tracy from AFCO Insurance Premium FinanceBusiness RepurposingCOVID-19 has infected millions of people and has taken so many lives around the globe. Unwilling to stand by and do nothing as the economy and our communities struggle, companies all around the U.S. are looking for ways to help fight the virus, ensure business continuity, and keep generating revenue.While Innovation and adaptability are vital in supporting business and community resilience, it’s important that policyholders discuss any changes to manufacturing, service offerings, or workforce requirements with their existing carriers in order to avoid the pitfalls of repurposing and ensure relevant insurance coverage is in force.How Can Premium Finance Help Insureds During This Pandemic?Scott Tracy explains how premium finance can help insureds with liquidity during these tough times and provides information that insurance agents need to consider when utilizing premium finance. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Subscribe to Tools & IntelCRC Group OnlineFeaturing:Amanda Harvey, Partner with the Lawfirm of Mullen CoughlinSebastian Swain, Broker with LA ExecproAs COVID-19 continues to spread across the U.S., organizations and businesses are taking seriously their responsibility to facilitate social distancing as we attempt to slow the spread of the virus. While there are many benefits to working remotely in the current situation, remote work can place greater strain on IT systems and increase cyber risks. Both employers and employees need to take action to protect themselves and business continuity. Remote work isn’t a new concept and is considered the norm within many organizations. However, some businesses have never needed or utilized large-scale work-at-home plans prior to the current pandemic, and may not be aware of their cyber vulnerabilities. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Coronavirus (COVID-19) is now widespread in the United States.  CRC Group Healthcare specialists discuss what the current insurance situation looks like for Healthcare facilities, and what the future will bring. They comment on COVID-19 exclusions and if they will hold up in court.  Also, they cover reporting Coronavirus to carriers and the likelihood of lawsuits for Healthcare facilities that experience an outbreak. Finally, the team discusses Carriers changing the way they underwrite around the epidemic risk, and what are critical factors for insureds that are up for renewal in the near future?  Subscribe to Tools & IntelCRC Group Online Featuring:Tom Levin, CRC ChicagoRusty Hughes, CRC BirminghamCorey Daugherty, CRC Birmingham Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Richard Coyle from Miller joins Dan to talk about Epidemic Risk Insurance Coverage.  Insurers are addressing a significant coverage gap that traditional insurancehas not been able to solve: non-damage business interruption for loss of grossprofit as a result of an epidemic. Most standard property damage policiesrequire a business interruption to be from physical damage and also typicallyexclude communicable diseases. This coverage may be extended to includecommunicable diseases by endorsement, but only limited capacity is availableand with restrictive terms.In order to close this gap, Insurers have developed expertise in epidemiology,statistics, risk modeling, finance and claims management as well as a rangeof innovative tailor-made risk transfer solutions for many different industrytypes exposed to epidemic risks. This policy can also provide optional accessto specialized epidemic risk management experts to assist in current and futureoutbreak mitigation and preparation.Featuring:Richard CoyleHead of Risk Financing & Non-Standard SolutionsMiller Insurance Services, LLCRichard is head of Miller’s risk financing and non-standard solutions area, providing clients with innovative risk retention and risk transfer strategies on a global basis.He has significant experience in providing advice to captive owning clients regarding optimum usage, structure, and innovative risk transfer strategies. Richard also specializes in structuring insurance and reinsurance policies to reduce the client’s financial volatility, including non-damage business interruption, reputational risk, and parametric solutions. Clients he works with include large corporations, captives, mutuals as well as Miller’s network of retail and wholesale broker partners.About Miller Insurance Services, LLCMiller is a leading specialist (re)insurance broking partnership, headquartered in London with more than 600 people across our UK and international operations.Since Miller was founded in 1902, they have gone from strength to strength because of their unwavering focus on delivering an exceptional standard of service to our clients. Miller is known for doing the right thing, delivering on our promises and working as one team. Miller is proud to hold Chartered Insurance Broker status, the industry gold standard awarded by the Chartered Insurance Institute (CII). This title demonstrates Miller’s professionalism, client-focused approach, and commitment to excellent service standards. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Read and Download the Full ArticleSubscribe to Tools & IntelCRC Group Online Even before COVID-19, Healthcare organizations were already under financial pressure from the changing reimbursement system.   And now they face a hardening D&O liability insurance marketplace. In this podcast, CRC offers insights on how retail agents can help their insureds navigate the difficult environment.Featuring:Ed Antonucci, Director, CRC Chicago, member of ExecPro Practice GroupBob Allen, President, Pro-Praxis, member of Healthcare Practice Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Read and Download the Full ArticleSubscribe to Tools & IntelCRC Group Online Featuring:Jim Hamilton, CRC DenverTrey Willams, CRC NorcrossPropertyCOVID-19 is likely to impact businesses both directly and indirectly, inspiring policyholders to evaluate both first-party and third-party coverages for relief from losses. With any claim, policy language, specific triggers, and loss drivers must be evaluated to determine if coverage applies. It’s expected that most property policies may not be triggered by COVID-19 losses because shutdowns caused by pandemics generally do not meet the physical damage trigger requirement inherent in standard property policies, and pandemics are often specifically excluded (source). However, there may be a property coverage extension available from some markets that includes coverage for business income losses resulting from the enforcement of a law or ordinance by an authorized governmental agency intended to mitigate the spread of communicable disease. The coverage effectively adds a communicable disease trigger to the Civil Authority coverage extension. The coverage is generally reserved for clients meeting a certain premium threshold on their all-risk policy and is typically provided with a sub-limit not to exceed $250,000. Most large company carriers’ underwriting authority caps out around $2.5 - $5M for larger entities such as hospitals or casinos. Due to increasing concerns around COVID-19, most carriers are performing internal audits to quantify their exposure to the virus whether extended through the Interruption by Communicable Disease Extensions or embedded within manuscript forms. Not only are carriers re- examining communicable disease coverages, but they are also taking a close look at other property coverage extensions that do not require a physical damage trigger. It is not unreasonable to expect a reduction in underwriting authority for these coverages, which will lend itself to additional exclusions or nominal sub-limits intended to act as a defensive cover.EnvironmentalOutside of the property arena, some may begin looking to environmental insurance policies to address coronavirus related losses. So far, the environmental marketplace has been divergent in their response to COVID-19. Over the last 7-14 days, a few carriers have established that all new environmental quotes issued will contain a virus or coronavirus- specific exclusion or some form of communicable disease exclusion. On the other hand, some of CRC’s environmental carriers have taken the opposite approach and are viewing this outbreak as an opportunity to provide affirmation of varying degrees of coverage for virus/bacteria by including it in the policy’s definition of microbial matter, pollutant, or pollution condition. Some policies may cover bodily injury, property damage and clean-up costs while others may only offer coverage on a sub-limited basis for clean-up costs or disinfection expense. In either case, the bodily injury and property damage coverages are 3rd party claim tr Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Read and Download the Full ArticleSubscribe to Tools & IntelCRC Group Online Featuring:Jason Lewis, CRC DenverRusty Hughes, CRC BirminghamTruitt Taylor, CRC BirminghamOriginating in Wuhan, China, the Covid-19 virus has now been diagnosed in more than 111,000 people worldwide and resulted in over 3,800 deaths.7,8 The first U.S. case of COVID-19 was reported on January 21st, and that number has grown to 566+ U.S. infections resulting in over 20 deaths, so far.4,8 As we watch the coronavirus begin to touch communities across the country many are naturally wondering who is at risk and how to prepare. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Read and Download the Full ArticleSubscribe to Tools & IntelCRC Group Online Featuring:  Jason HowardThe commercial cannabis industry is booming. It now employs more than 250,000 people, with legal marijuana sales reaching an estimated $9.7 billion across North America in 2018.That number is expected to double, reaching more than $20 billion annually by 2023 (source). To date, 33 states and the District of Columbia have legalized medical marijuana and 10 states have legalized recreational use (source). Several other states that have not legalized marijuana for medicinal or recreational use, do allow use of cannabis-based products such as cannabidiol (CBD) oil (source). CBD alone is projected to earn $2.3 billion worldwide by 2025. Already the oil can be found in many places including beauty products, vaping pens, organic restaurants, pharmacies, and pet stores (source). While the cannabis business is skyrocketing, with 64% of Americans favoring legalization, issues surrounding the industry’s insurance coverage and the development of standard business practices have proven complicated due to changing regulation, lack of data, and banking restrictions (source, source). Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Read and Download the Full ArticleSubscribe to Tools & IntelCRC Group Online  Featuring:  Jim HamiltonChemicals commonly used in fire-fighting foams and a wide range of household items, from non-stick cookware to stain-resistant carpet, are turning up more often as exclusions on insurance policies. That’s due to a growing wave of litigation over water contamination and rising concerns among insurers that the chemicals per-and polyfluoroalkyl substances, or PFAS, could expose them to the same kind of expensive, unanticipated claims as asbestos did a generation ago. While property owners may see more scrutiny over PFAS, environmental insurance can still provide effective risk transfer in many cases. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Find a CRC Group ProducerVisit CRCGroup.comFollow CRC Group on LinkedInAs the year draws to a close, the property market continues to change amid decreased capacity and increased caution among carriers. There is little capacity left among many Lloyds syndicates, and domestic markets are more selective overall—particularly on tougher classes of business. While the first quarter of 2020 may bring some relief on capacity, insureds should expect increased rates, higher deductibles and greater scrutiny from underwriters. Valuations are particularly important along with better data on construction, especially for roofs. In this transitioning market, experienced brokers show their worth in finding the best solutions for clients.Read the Companion Article on CRC Group's Tools & Intel BlogFeatured on this Episode:  Natalie Sienkiewicz, the CRC Bothell, WA Office President, and Property BrokerClay Dudley, a Property Broker in the CRC Atlanta/Norcross office.Visit CRC Group's Property PracticeGet CRC Group's Property Tools & IntelSign Up for Tools & Intel Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Subscribe to This PodcastFollow Us on LinkedInThe marketplace for directors' and officers’ liability insurance is changing, but what those changes ultimately will mean is not yet clear. In a classic case of cause and effect, litigation and losses that have been pressuring D&O insurers for some time are prompting underwriters to raise rates, tighten terms and conditions, and cut capacity. D&O for public companies has changed dramatically, and financial pressures are now forcing changes to coverage for private and nonprofit organizations as well.We explore the current trends and issues in Private D&O with Ed Antonucci and Mike Robison.On this Podcast:Ed Antonucci is a Director in CRC’s Chicago office and member of the ExecPro Practice Advisory Committee.Mike Robison is a Senior Broker in CRC’s Dallas office and ExecPro National Practice Leader.Visit the ExecPro Practice on CRCGroup.comRead the Article that Inspired this Podcast Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

Please rate and subscribe to our podcast so that you never miss an episode.Significant Challenges Facing the Construction Insurance MarketplaceThe construction industry has seen significant growth over the last several years. However, emerging trends such as large rate increases and reductions in excess capacity are posing challenges for construction insureds as the insurance market hardens. An increase in high-value claim payments and settlements, labor shortages, and more careful deployment of underwriting capacity are all factors adding difficulty to in the state of the market across the country.  Discussion with Jeff Dunn from CRC Atlanta, GA, Andy Horan from CRC Woodland Hills, CA.CRC Group's Benchmarking Tools Provides Retail Agent with a Winning Renewal StrategyAgents are facing a difficult renewal environment for transportation accounts and data can make all the difference. By leveraging CRC Group's proprietary trucking benchmarking report, this agent delivered a winning renewal strategy for the insured, a growing trucking firm. Discussion with Brian Pickford from CRC Redondo Beach, CA and Mary Wright from CRC's Corporate Marketing Team.EPLI Claim Ruling May Shake MarketplaceA recent California appeals court ruling in an Employment Practices Liability Insurance (EPLI) coverage case appears to let claimants resubmit denied claims - which could accelerate a market hardening. The court found the wage-and-hour exclusion in EPLI policies does not apply to some types of claims. Retail agents are advised to discuss this development with their insureds and seek advice from coverage counsel.  Discussion with Jason White from CRC Los Angeles, CA. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

We talk to Neil Kessler, Chief Operating Officer of CRC Group, about REDY Search.REDY® Search Delivers Data-Driven Market SelectionThe Excess & Surplus (E&S) insurance market is in a state of change as we experience multi-billion-dollar catastrophe losses, increasing claim severity and frequency, the market is responding with rising rates, decreased capacity, and some insurers exiting certain types of business entirely. In this fast-paced, ever-changing market, how can clients ensure their wholesale broker is staying on top of the changing market conditions? Learn how CRC Group's new REDY.Search uses data-driven market recommendations to find the right market for any risk.We talk to Terry Winkler and Jenny Kosoff, producers in our CRC Chicago office about Concussion Risks.Awareness of Concussion Risk Impacting the Insurance IndustryConcussion is a leading cause of disability in the U.S., affecting millions each year. The issue has taken center stage as the NFL and NCAA continue to face litigation around concussion's long-term effect on players. Greater awareness of concussion liability is now trickling down to impact recreational sports, universities, and public entities as the insurance industry grapples with how to handle this massive risk.We talk to Brent Treadway from CRC Houston and David Pagoumian from CRC Red Bank about the State of the Habitational Market.Habitational Market Takes a Hard Turn: State of the MarketRates and deductibles are rising in the habitational property and casualty market as carriers cut back on capacity or exit the market altogether. After years of losses, insurers are focused on profitability and emphasizing detailed data to identify the risks they are willing to write. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!