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...
Texas Lawsuit Reform In the Crane Industry with Lee Parsley
Crane Talk
1 hour 2 minutes
11 months ago
Texas Lawsuit Reform In the Crane Industry with Lee Parsley
In this episode of Crane Talk, hosts Ron Thompson and Gene Greiner sit down with Lee Parsley, President and General Counsel of Texans for Lawsuit Reform (TLR), to discuss the pressing issues surrounding Texas' legal environment and its impact on the crane, rigging, and heavy construction industries. Lee explains how "nuclear verdicts," fraudulent medical claims, and third-party litigation funding are driving up insurance premiums and creating unsustainable financial pressures for small and mi...
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...
