Brokers Find Calif. Surplus Lines Boom Slowing
NU Online News Service, Jan. 12, 11:08 a.m. EST?The demand for surplus lines insurance in California, which had seen the business grow by over 100 percent, increased only eight percent last year, a brokers trade group reported.[@@]
The Surplus Line Association of California said premium business exceeded $5 billion in 2004, or slightly more than 8 percent over 2003.
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