This episode of Crane Talk features Aaron Jackson, EVP of Redstone Underwriters, providing an underwriter’s perspective on the challenges facing crane and rigging insurance. He unpacks the impact of social inflation, third-party litigation funding, and shrinking capacity in the casualty market. The discussion highlights practical tools like cameras, telematics, and strong contracts, along with emerging AI applications that are reshaping underwriting. Jackson underscores how early data submiss...
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This episode of Crane Talk features Aaron Jackson, EVP of Redstone Underwriters, providing an underwriter’s perspective on the challenges facing crane and rigging insurance. He unpacks the impact of social inflation, third-party litigation funding, and shrinking capacity in the casualty market. The discussion highlights practical tools like cameras, telematics, and strong contracts, along with emerging AI applications that are reshaping underwriting. Jackson underscores how early data submiss...
Legal Advertising and Soaring Insurance Rates in the Heavy Construction Industry
Crane Talk
52 minutes
1 year ago
Legal Advertising and Soaring Insurance Rates in the Heavy Construction Industry
In this episode, Ron and Gene outline the complexities of the crane and heavy equipment industry, shedding light on the stark realities of sky-high insurance premiums and the challenge of increasingly elusive reinsurance options. Today’s focus is on the tactics behind the aggressive legal advertisements that are more than just an eyesore on your morning commute; they're driving up costs and putting companies in the hot seat. Advertising has become a key tactic in the world of personal injury...
Crane Talk
This episode of Crane Talk features Aaron Jackson, EVP of Redstone Underwriters, providing an underwriter’s perspective on the challenges facing crane and rigging insurance. He unpacks the impact of social inflation, third-party litigation funding, and shrinking capacity in the casualty market. The discussion highlights practical tools like cameras, telematics, and strong contracts, along with emerging AI applications that are reshaping underwriting. Jackson underscores how early data submiss...
