Mid-year premium growth reported by the 15 excess and surplus lines (E&S) stamping/service offices across the United States reached almost $18 billion, according to a recent summary compiled by The Surplus Lines Stamping Office of Texas (SLTX). That first half growth represents a 12.68% increase over the same period in 2018.
In the Northeast, the two stamping offices of New York and Pennsylvania reported premiums of $2.29 billion (a 1.22% increase) and $703 million (a 3.11% increase) respectively. In total, the Northeast contributed about $3 billion of premium growth in the first half of 2019.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.