March 2026 Filings Reach $2.0B
SLTX recorded $2.01B in March. This represents a 44.8% increase over March 2025, and 14.4% increase year-to-date.
50.1% of premium reported (32.6% of items) is attributable to renewal policies, 41.3% (35.5% of items) to new business, and 8.6% (31.9% of items) to non-policy transactions. Furthermore, non-policy transactions are predominately Premium Endorsements (28,735 items or 65.5% of the 31.9%) and Cancellations (12,213 items or 27.8% of the 31.9%).
The largest increase, Commercial Auto Liability coverage, rose $240.2M (or 366.1%). Excess/Umbrella Liability, Cyber Liability, and Commercial Fire and Allied Lines coverages also recorded growth, up $110.6M (50.2%), $90.0M (307.5%), and $66.4M (15.4%) respectively. 81.5% of total premium increases can be attributed to these coverages.
Overall transactions reflected growth for March in item counts, up 19.7% when compared to March 2025. A 20.9% increase in policies filed (93,720) was recorded with average premium per item ($14,625) up 20.9% from March 2025. Record-keeping transactions (name, number, or insurer change endorsements; reversals; etc.) and cancellations were up 27.7% and 31.2% respectively.