eNews
Board of Directors Meeting Summary
On June 22, 2022, the Surplus Lines Stamping Office of Texas held their Audit & Finance Committee meeting pursuance to code 2(c)(10) of SLTX’s Plan of Operation. The committee discussed agenda topics including approval of the previous meeting minutes...
May 2022 Filings Exceed $1B for the Second Month in a Row
SLTX continues to see record premium in May with $1.19B reported and a year-to-date total of $4.41B. This represents a 34.3% increase over May 2021, and 21.3% increase year-to-date. May is the largest month reported in SLTX’s 33-year history, exceeding...
April 2022 Sees Texas Surplus Lines Premiums Top $1.02B
SLTX recorded an unprecedented $1.02B in premium for April, with a total of $3.22B year-to-date. A 36% increase over April 2021, and 17.1% increase year-to-date. April is the largest month reported in SLTX’s 33-year history, shattering the $970.3M record...
Texas Surplus Lines Premiums Reach an Unprecedented $970.3M in March 2022
SLTX recorded record-breaking $970.3M in premium for March, with a total of $2.20B year-to-date, resulting in a 10.6% increase over March 2021, reflecting chart-topping premiums. Q1 reflected a 10.0% increase when compared to the same period in 2021. March...
Board of Directors Meeting Summary
On March 30, 2022, the Surplus Lines Stamping Office of Texas held their Audit & Finance Committee meeting pursuance to code 2(c)(10) of SLTX’s Plan of Operation. The committee discussed agenda topics including approval of the previous meeting minutes,...
SLTX Recognizes Agencies for No Late Filings in 2021
2021 was a successful year for the non-admitted marketplace and agents responsible for reporting data who continue their trend of incredible efficiency. 698,862 policies and 1,059,939 total transactions were reported to our office by 907 agents. The top 20...
Texas Surplus Lines Hits Premium of $539.6 in February 2022
SLTX recorded $539.6M in Texas surplus lines premium during February, a 5.9% ($30M) increase over February 2021, making it the highest February premium recorded. Historically, February is often the lowest month for premium submissions within each annual...
Garrett Sprowls Appointed to SLTX Board of Directors
TDI Commissioner Cassie Brown has appointed Garrett Sprowls to the SLTX Board of Directors as a non-public member with a term ending December 31, 2024. Since finishing law school in 2009, Mr. Sprowls has been a Broker for Professional and Management...