February 2026 Filings Reach $1.2B
SLTX recorded $1.15B in February. This represents a 2.8% increase over February 2025, and 1.8% decrease year-to-date.
58.1% of premium reported (32.9% of items) is attributable to renewal policies, 38.2% (34.1% of items) to new business, and 3.7% (33.0% of items) to non-policy transactions. Furthermore, non-policy transactions are predominately Premium Endorsements (25,011 items or 66.1% of the 33.0%) and Cancellations (10,072 items or 26.6% of the 33.0%).
The largest increase, Excess/Umbrella Liability coverage, rose $32.2M (or 16.2%). Representations and Warranties, E&O Liability, and Homeowners’ coverages also recorded growth, up $23.2M (122.5%), $19.1M (71.6%), and $11.3M (34.3%) respectively. 268.4% of total premium increases can be attributed to these coverages. The total growth for the top 4 coverages mentioned exceed 100% of the total premium growth for the month due to coverages that experienced premium decline from February 2025.
Overall transactions reflected growth for February in item counts, up 8.0% when compared to February 2025. A 14.7% increase in policies filed (76,764) was recorded with average premium per item ($10,077) down 4.7% from February 2025. Record-keeping transactions (name, number, or insurer change endorsements; reversals; etc.) and cancellations were down 53.3% and up 19.1% respectively.