Cycle Turn LoomingNot!

To The Editor:

Having recently addressed a group of relative newcomers to the excess and surplus lines business on the subject of market conditions, I was very intrigued by the analysis in your June 2 edition by Frank J. Coyne, chairman, president and chief executive officer of the Insurance Services Office Inc. in Jersey City, N.J. (See "Seven Lessons from History," page 19.)

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