NU Online News Service, Nov. 9, 3:41 p.m. EST

Liberty International Underwriters is "not trying to time the market" with the opening of an excess and surplus property operation on the West Coast, said Michael Carr, senior vice president of LIU E&S property.

The move is part of LIU's overall business plan, Carr added, and is based on the "ability to attract the right people to execute our plan."

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