Steel prices have been anything but steady in recent years. With renewed discussions around tariffs and trade restrictions, another wave of volatility may be on the horizon.

While much attention is paid to how rising material costs impact builders and developers, there’s another, often overlooked ripple effect: insurance. Particularly, California’s surplus lines market may be especially sensitive to swings in steel prices.

Steel is more than just a building material; it’s also a barometer of construction costs. From co

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