3058-060-Final pass-07_Mason.indd

423 RECENT DEVELOPMENTS IN EXCESS, SURPLUS LINES, AND REINSURANCE Richard C. Mason, Leah M. Quadrino, Laura L. Edwards, Peter J. Mintzer, and Daniel R. Johnson I. Introduction ................................................................................. 424 II. Excess Insurance ........................................................................... 424 A. Exhaustion .............................................................................. 424 B. Excess Insurer Duties...

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