The Firm Excess Casualty Market

Placing You First Insurance Podcast by CRC Group

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.

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Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace.

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1. The Firm Excess Casualty Market (00:00:00)

2. Jason, you mentioned the REDY index is a great resource for our agents, can you talk a little bit about that? (00:01:37)

3. Ben are you seeing the same pricing changes that Jason mentioned before? (00:03:42)

4. Craig, do these trends extend to the East Coast? (00:04:41)

5. What are the most challenging industries right now? (00:05:48)

6. Habitational? (00:07:14)

7. Is social inflation getting worse? (00:08:34)

8. What can agents do to be more successful? (00:11:02)