NU Online News Service, April 26, 1:31 p.m. EST
Excess and surplus-lines carriers are beginning to see signs of a market change, including a shift in standard-carrier appetite for traditional E&S risks, according to an SNL Financial analysis.
SNL cites comments made by RLI Corp.'s President and Chief Operating Officer Michael Stone on a recent conference call, in which he said he is "certainly…seeing [standard carriers] pull back a bit."
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