The domestic excess and surplus market is a relatively new extension of the American insurance industry. Prior to the end of World War II, very little excess and surplus lines business was placed in the American market. After the end of the War, the American companies began investigating the possibility of providing excess and surplus products, which, until that time, had been the private province of the London market. These companies recognized the need for excess and surplus facilities in their overall marketing program. These products gave them a competitive advantage over the other major domestic writers and acted as an excellent tool in the promotion of new production connections. The companies also recognized an opportunity for profit in these classes of business because of the potential inherent advantages of the domestic carrier compared to the existing market. When the domestic carriers entered into excess and surplus lines they realized that these excess and surplus lines are, in reality, two different classes of risks. The exposures under the two separate classes are substantially different but they have the common bond of not being generally written by domestic insurers. Because of this fact, the foreign definition of excess and surplus business has been readily accepted by the domestic insurance industry. Departments were then established by the