“The market has no choice but to take account of where we truly are. It will harden by fourth-quarter 2009.”

When Tap Johnson III, president of TAPCO Underwriters in Burlington, N.C., shared that prediction with NUs E&S/ Specialty Lines Extra, his view of the timing of the return to hard market conditions was typical of others delivered by more than a dozen members of the National Association of Professional Surplus Lines Offices, Ltd.

NU sought the predictions of Mr. Johnson and other executives whose firms are members of NAPSLO in advance of the NAPSLO midyear educational conference in late February.

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