Seafood Insurance

Financial Guaranty

CRC has developed some very sophisticated arrangements within the scope of this obscure type of insurance. Some of the interesting efforts have been “guaranteeing real estate market values seven years into the future,” “guaranteeing the resale value of fishing fleet vessels five years into the future,” and “guaranteeing a minimum volume of water held in aquifers in mountains north and east of Los Angeles.” The market for this type of coverage is very limited and esoteric.