August 2025 Filings Reach $1.4B

SLTX recorded $1.42B in August. This represents a 5.6% decrease over August 2024, and 12.8% increase year-to-date.

54.9% of premium reported (33.6% of items) is attributable to renewal policies, 38.9% (34.2% of items) to new business, and 6.3% (32.2% of items) to non-policy transactions. Furthermore, non-policy transactions are predominately Premium Endorsements (25,077 items or 66.3% of the 32.2%) and Cancellations (10,309 items or 27.3% of the 32.2%).

The largest increase, Homeowners’ coverage, rose $23.8M (or 86.4%). Builders’ Risk Property, Contingency Liability, and E&O Liability coverages also recorded growth, up $16.4M (20.6%), $8.4M (108.5%), and $6.0M (19.2%) respectively.

Overall transactions declined for August in item counts, down 0.3% when compared to August 2024. An 11.3% increase in policies filed (79,558) was recorded with average premium per item ($12,131) down 5.4% from August 2024. Record-keeping transactions (name, number, or insurer change endorsements; reversals; etc.) and cancellations were down 11.9% and up 19.3% respectively.

Texas surplus lines premiums continue to trend with existing hard-market conditions, including results of changes to diligent effort requirements (TX87 SB1367). SLTX continues to monitor the Texas surplus lines market and share data and analysis as recorded or completed.