|A 2020 midyear report on surplus lines premium reported to the U.S. surplus lines stamping and service offices was released today, and it shows that surplus lines growth continues despite the COVID-19 pandemic. Highlights from the 2020 Q1 – Q2 report of the stamping offices include:|
Total surplus lines premium reported to the stamping offices was $19.74 billion for the first half of 2020, representing a 10.3% increase over the same period in 2019. Transactions decreased slightly by 2.6% during the first half of the year compared to the year prior.
The media release and full data are available to WSIA members, and historical stamping office data is available on the WSIA website.
Questions? Contact John Meetz, WSIA Sr. State Relations Manager at firstname.lastname@example.org.
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Wholesale & Specialty Insurance Association
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Bryan Sanders, President
Brady Kelley, Executive Director
Susan Henderson, Marketing & Communications Director