Latest CRC Group Headlines
All the headlines from our CRC Group Topic Page, ordered by recency.
Ryan Group Denies Any Wrongdoing by Former AmWINS Employee
Sep 7 2010 // North Carolina-based wholesale insurance broker AmWINS has won a court order against a former employee it believes is using confidential client information to target AmWINS business accounts and win them over to his new...
Kessler Joins CRC Insurance Services
Aug 25 2010 // CRC Insurance Services announced that Neil Kessler has joined the company’s corporate management team and will serve as executive vice president of Marketing and Sales. He will be based in Dallas. In this...
E&S Wrap Up: Broker Mergers, Expansions and Start Ups
Aug 12 2010 // As goes the circle of life, so goes the wholesale insurance broker world. Not even the sixth year of a soft market cycle has deterred industry veterans from launching new wholesale businesses or creating larger ones. Many...
As the Wholesale World Turns
Jul 19 2010 // E&S Brokerage Mergers, Expansions and Start Ups, Oh My! As goes the circle of life, so goes the wholesale insurance broker world. Not even the sixth year of a soft market cycle has deterred industry veterans from...
Business Moves
Jul 5 2010 // First Insurance Hawaii, AXIS Hawaii Insurance Commissioner J.P. Schmidt announced the formation of a business association between First Insurance Company of Hawaii (FICOH) and AXIS Insurance Co. Through this program, AXIS...
CRC Loses 100 Employees; Possible Legal Action to Follow
May 17 2010 // When 10 percent of an organization’s entire workforce resigns in one day, the fallout can be devastating. That’s exactly what happened to CRC Insurance Services Inc. (CRC) – one of the largest wholesale...
CRC Employees in California, Illinois, Pennsylvania Resign
May 6 2010 // CRC Insurance Services Inc. (CRC) – the largest wholesale insurance broker in the United States – released a memo to its customers stating that a number of CRC employees in Illinois, California and Pennsylvania...
Best Affirms Ratings for Northbridge (Fairfax) Operating Companies
Oct 16 2009 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Markel Insurance Company of Canada, Federated Insurance Company of...
Pennsylvania Farmers Reminded of Sept. 30 Crop Insurance Deadline
Sep 29 2009 // Pennsylvania farmers can protect their income against unexpected losses by purchasing crop insurance before Sept. 30, said acting Agriculture Secretary Russell Redding. The Crop Revenue Coverage (CRC) base fall price for...
Ratings Recap: Endurance, CRC Re
May 1 2009 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Endurance Specialty Insurance Ltd. and its affiliates. Best also affirmed...
Business Moves
Jan 11 2009 // CRC Insurance, TAPCO Underwriters CRC Insurance Services Inc., the wholesale insurance subsidiary of BB&T Corp. principal subsidiary Branch Banking and Trust Co., plans to acquire TAPCO Underwriters Inc. The...
Business Moves
Jan 11 2009 // The following mergers are in addition to those reported for the 2008 calendar year in Insurance Journal’s year-end issue, Dec. 22, 2008. CRC Insurance, TAPCO Underwriters CRC Insurance Services Inc., the wholesale...
CRC Insurance to Acquire North Carolina-Based TAPCO Underwriters
Dec 19 2008 // CRC Insurance Services Inc., the wholesale insurance subsidiary of BB&T Corp. principal subsidiary Branch Banking and Trust Co., reports that it plans to acquire TAPCO Underwriters Inc. TAPCO will operate as a...
Business Moves
Sep 22 2008 // CRC Insurance, Southern Risk CRC Insurance Services Inc., the wholesale insurance unit of BB&T Corp., completed its purchase of Southern Risk Operations LLC. Sumter, S.C.-based Southern Risk is an excess and surplus...
Business Moves
Sep 22 2008 // CRC Insurance, Southern Risk CRC Insurance Services Inc., the wholesale insurance subsidiary of BB&T Corp., has completed a purchase of Southern Risk Operations LLC. Sumter, S.C.-based Southern Risk is an excess and...
Wholesaler CRC Insurance Acquires Competitor Southern Risk of S.C.
Sep 3 2008 // CRC Insurance Services Inc., the wholesale insurance subsidiary of BB&T Corp., reports it has completed a purchase of Southern Risk Operations LLC. Sumter, S.C.-based Southern Risk is an excess and surplus (E&S)...
Ark. Seeks to Improve Quality of Workers in State with New Program
Jan 18 2008 // Arkansas state government is promoting a new program for workers who want to improve their job security. The state Department of Workforce Services is among several state agencies that are promoting a new certification for...
Ratings Roundup: CRC (Bermuda) Re
Aug 27 2007 // A.M. Best Co. has upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and issuer credit rating (ICR) to “a” from “a-” of CRC (Bermuda) Reinsurance Limited (CRC), a...
Appalachian Underwriters Acquires CRC Workers Comp Unit
Sep 18 2006 // Appalachian Underwriters Inc. said it has purchased CRC Insurance Service’s guaranteed cost workers compensation program. The program mirrors that of Appalachian’s existing state and carrier footprint very...
NAMIC believes such fees are a form of double taxation applied only to those responsible drivers carrying auto insurance
May 22 2006 // Ominous Trend: Growth of municipal accident response fees Across the country and in most Midwestern states, insurance companies are facing the growing phenomenon of cash-strapped municipalities billing insurers for police...