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Florida’s surplus lines market began 2025 on a strong note, with January premiums totaling $1.36 billion, reflecting a 9% increase over January 2024. Policy submissions also saw notable growth, with 127,869 policies submitted, marking a 22% year-over-year increase.

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Florida's Excess & Surplus market closed out 2024 with premium totals of $1.0 billion for December and over $17 billion for the year. The year closed with overall growth, though December premiums showed a near-flat gain of just 0.8%. For the full year, premiums rose 11% in a year-over-year comparison, similar to previous years.

Premium totals in November stayed flat, with a 3% increase over 2023. Notably, this is the first month in 2024 that did not reach $1 billion in premium. Similarly, policy count increased by 1% in November, totaling 108 thousand.

Bryan Young, Director of Agent and Insurer Services at FSLSO, will give a special presentation to LAAIA on November 13, FSLSO launches new Market Data Reports, and an update on SLIP+.

We are thrilled to announce that FSLSO has been named a 2024 Business Insurance Best Places to Work, ranking #6 in the Small Business Employer Category!

October premium reached $1.2 billion, reflecting a 13% increase over October 2023 and remaining consistent with the positive trend seen in September.

The Florida Surplus Lines Speaker Series kicked off with a packed house of over 150 attendees, including students from FSU’s Dr. William T. Hold/The Alliance's Program in RMI and the FSU College of Business. This event, a collaboration between the FSLSO and the Florida Surplus Lines Association, set the stage for insightful discussions on Florida’s surplus lines industry.

The Office of Insurance Regulation issued amended emergency orders regarding Hurricanes Helene and Milton, adding policyholder protections for those impacted by the storms.

Due to the anticipated impacts of the storm, FSLSO will close at noon EDT on Thursday, September 26 through Friday, September 27. All filing platforms are operating as normal.

We are closely monitoring Tropical Storm Helene, which is currently located in the Caribbean.

Coverys Limited (NAIC#: AA-1120233) and Berkley Luxury Insurance Company (NAIC#: 17673) were approved by the Florida Office of Insurance Regulation to be listed as a Federally Authorized Surplus Lines Carrier.