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Early 2025 Shows Plateau After Decade of Premium Growth | April Premiums Reach $1.96B Following a decade of significant premium growth that reached over $17 billion by 2024, Florida’s surplus lines market is exhibiting a plateauing trend in early 2025. Notably, April saw a 1% year-over-year decrease in premium volume, reaching $1.96 billion. Policy counts for the month stood at 145,044, a modest 1% increase compared to the previous year.

As we monitor Florida’s excess and surplus lines market data, all indications continue to show a flattening market with year-over-year growth rates in the low single digits. March premium totals neared $1.5B to close the quarter at $3.98B for the start of 2025.

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