If there were such a thing as a single insurance line that is a market barometer for wholesale brokers, products liability for small manufacturers might well be it.
Wholesale brokers say competition from standard lines insurers continues to increase as they seek entry into what they deem to be a profitable line of business.
More and more, the "good risks" are going to the standard market insurers, with prices dropping and the surplus lines market participants left with start-ups and the most difficult-to-place risks, wholesale brokers say.
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