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Texas Surplus Lines Premiums Reach a Record-Breaking $877.51M in March
SLTX recorded a record-breaking $877.51M in premium for March, with a total of $2.00B year-to-date. This results in a 40.9% increase in premiums over March 2020, and a 20.1% increase in YTD premiums when compared to the same period in 2020. March premium...
Board of Directors Meeting Summary
On March 24, 2021, the Surplus Lines Stamping Office of Texas held their Finance & Audit 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,...
Agencies Recognized for No Late Filings in 2020
The 2020 Annual Late Filing Report was recently mailed to 432 surplus lines agents. Despite this, nearly 56% or 518 agents reporting transactions (i.e., filings) in 2020 did not receive one of these dreaded reports. While more than 717,000 policies were...
Texas Surplus Lines Hits Premium of $509.48M in February
SLTX has recorded $509.48M in Texas surplus lines premium during the month of February, and a total of $1.12B year-to-date. This results in a 1.3% increase in premiums over February 2020, and a 7.7% increase in YTD premiums when compared to the same period...
Texas Surplus Lines Hits Premium of $613.58M in January
SLTX has recorded $613.58M in Texas surplus lines premium during January. Additionally, the month’s recorded premium has been the highest reported when compared to January’s of previous years, with an increase of 13.6% when compared to 2020 statistics....
If you Don’t Know, Now you Know: Coverage & Class Codes Edition
Here at SLTX, our Mission/ Vision is to provide our business partners with meaningful data, analysis, and educational resources to empower their decisions while leading with innovative solutions that enrich the Texas insurance and specialty marketplace....
Texas Hits Record-Breaking Year
Surplus lines premium in Texas increased to $7.92 billion in 2020, up from $6.95 billion in 2019, according to data collected by the Surplus Lines Stamping Office of Texas (SLTX). These numbers represent 14% growth over 2019 and total 10-year growth of...
Board of Directors Meeting Summary
On December 9, 2020, 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...