California surplus lines insurers wrote $6.03 billion in premium in 2006, exceeding predictions and reversing a downward trend for previous years, an industry trade group said.
The Surplus Line Association of California (SLA) said its analysis of premium placed in the state last year found 509,302 insurance policies written for California insurance consumers.
"These figures are higher than predicted for the surplus line market and reverse the trend from the previous year," said Ted Pierce, executive director of SLA, adding that in 2005 the SLA experienced a 1 percent decrease in premium volume compared to 2004.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
