It was business as usual for surplus lines insurers and brokers before AIG's near-bankruptcy came to light on Sept. 15–which meant, among other things, they were placing unusual risks and developing innovative coverages.

The true spirit of the surplus lines market is captured in the remaining topics on our top-story list, setting these apart from the developments and trends that affected the broader property-casualty market discussed in previous articles in this edition.

If the idea that insureds would pay money to buy excess/drop-down coverage in order to continue a relationship with a troubled carrier (detailed in our #1 article) seems a little bit odd, the prospect of convincing insurance customers to buy a policy to contest coverage denials may seem downright "ridiculous."

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