August 2025 Filings Reach $1.4B

SLTX recorded $1.42B in August. This represents a 5.6% decrease over August 2024, and 12.8% increase year-to-date.

54.9% of premium reported (33.6% of items) is attributable to renewal policies, 38.9% (34.2% of items) to new business, and 6.3% (32.2% of items) to non-policy transactions. Furthermore, non-policy transactions are predominately Premium Endorsements (25,077 items or 66.3% of the 32.2%) and Cancellations (10,309 items or 27.3% of the 32.2%).

The largest increase, Homeowners’ coverage, rose $23.8M (or 86.4%). Builders’ Risk Property, Contingency Liability, and E&O Liability coverages also recorded growth, up $16.4M (20.6%), $8.4M (108.5%), and $6.0M (19.2%) respectively.

Overall transactions declined for August in item counts, down 0.3% when compared to August 2024. An 11.3% increase in policies filed (79,558) was recorded with average premium per item ($12,131) down 5.4% from August 2024. Record-keeping transactions (name, number, or insurer change endorsements; reversals; etc.) and cancellations were down 11.9% and up 19.3% respectively.

Texas surplus lines premiums continue to trend with existing hard-market conditions, including results of changes to diligent effort requirements (TX87 SB1367). SLTX continues to monitor the Texas surplus lines market and share data and analysis as recorded or completed.

To request any additional related data or analysis, please contact Christian Robinson, Senior Data Analyst (crobinson@sltx.org).