Placing You First Insurance Podcast by CRC Group-logo

Placing You First Insurance Podcast by CRC Group

Business & Economics Podcasts

The Placing You First Podcast spans a diverse spectrum of insurance industry issues to keep you and your clients informed.

The Placing You First Podcast spans a diverse spectrum of insurance industry issues to keep you and your clients informed.

Location:

United States

Description:

The Placing You First Podcast spans a diverse spectrum of insurance industry issues to keep you and your clients informed.

Language:

English


Episodes

Marketplace Tight for Healthcare Risks Despite New Capacity

11/12/2021
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 Several insurance companies that underwrote healthcare business for decades have withdrawn from some classes, citing high loss ratios.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...

Duration:00:20:46

Tough Call: How to Insure TCPA Liability Risks

10/6/2021
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 FieldSubscribe to CRC Group on Youtube Subscribe to Tools & Intel (email newsletter) Read Past Tools & Intel Articles Follow CRC Group on LinkedIn

Duration:00:16:46

State of the E&S Market with CRC Group's CEO, Dave Obenauer

9/16/2021
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...

Duration:00:10:01

Aviation Market Hardens Amid Pandemic Turbulence

9/3/2021
Featuring: Camille KnightAs 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...

Duration:00:17:11

How CRC Group's REDY Index Helps Retail Agents Win

8/20/2021
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...

Duration:00:12:21

Insurance Marketplace Adds to Uncertainty for Contractors

7/30/2021
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,...

Duration:00:15:27

The Benefits of Occupational Accident Coverage

7/14/2021
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...

Duration:00:15:31

Smoother Ride Ahead for Primary Auto

6/16/2021
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...

Duration:00:17:38

Understanding Wage and Hour Exposures

5/12/2021
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...

Duration:00:11:30

The State of the Insurance Market for West Coast Property

4/29/2021
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: ·...

Duration:00:15:38

Preparing Clients Against the Impact of Cyberattacks

4/14/2021
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 ValenciaMark SmithSubscribe to...

Duration:00:31:16

Hospitality Industry Struggles to Find Mold Coverage

3/24/2021
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...

Duration:00:16:47

Returning to Work in 2021: COVID & Vaccinations Raise EPLI Liability Questions

3/4/2021
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...

Duration:00:35:02

Dealing with a Hard Property Market

2/18/2021
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 Articles Follow CRC Group on LinkedIn

Duration:00:22:07

Northeast Property State of the Market

1/19/2021
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...

Duration:00:21:44

Property State of the Market | Central and Southeast

12/17/2020
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...

Duration:00:24:57

Dealing with a Hard Casualty Market

12/11/2020
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 Peraza Casualty and Property Broker from CRC New York Stewart Brown Transportation and Casualty Broker from CRC Seattle Subscribe to CRC Group on Youtube Subscribe to Tools & Intel (email newsletter) Read...

Duration:00:23:34

Biometric Data Risks: Keep Eyes on Coverage Gaps

11/20/2020
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 Article The risks of collecting and storing biometric data, however, are high, and they require closer...

Duration:00:17:41

Understanding the True Cost & Pitfalls of Additional Insured Endorsements

11/12/2020
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,...

Duration:00:14:52

Understanding & Preparing for a Hardening Medical Professional Liability Market

11/3/2020
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...

Duration:00:27:02