US Surplus Lines Insurance Grows 12.1%, Exceeds $81 Billion in 2024
Premium increases 12.1% from the previous year. The US Surplus Lines Service and Stamping Offices stated that surplus lines premiums exceeded $81 billion in 2024, representing a 12.1% rise over the previous year. Premium-bearing items also increased by 9.5%, with over 7 million transactions. This follows the $72.7 billion total premium for 2023, which increased … Read more