News

Florida’s E&S Market Hits $1.9B in Premium for May

Jun 2, 2025, 17:12 PM by Tracy Pafford
Florida’s surplus lines insurance market continues to reflect signs of stabilization as we progress through the second quarter of 2025. The flattening trend observed in recent months remains consistent, underscored by a year-over-year premium decline of -6% for May. May closed with $1.9B in reported premium, a decrease from May 2024. Year-to-date premium through May reached $7.8B, reflecting a 0.6% decrease compared to the same period last year. This subtle shift continues to show a plateauing market.