Pre-heat oven to 350ºF.
In a bowl, combine cream cheese, sour cream, mayonnaise, shallot, and hot sauce.
Add crab meat, cheese (1/2 cup) , old bay seasoning, salt and pepper. Mix until combined.
Spread mixture into a baking dish. Top with remaining cheese (3/4 cup).
Bake at 350ºF until cheese has melted and warm throughout.
Serve with fresh French bread or crackers.