The Florida surplus lines market continues to battle many outside factors, but there are signs that at least the decline in premiums experienced over the last several years has slowed.
Gary Pullen, executive director of the Florida Surplus Lines Service Office (FSLSO), said that when comparing the first six months of 2010 to the same time period in 2009, the state actually saw an increase in premium of 2.5 percent.
That's the good news, considering premiums in the market declined 6 percent in 2009--still a slower decline than the 9.1 percent decrease in premiums felt in 2008.
Continue Reading for Free
Register and gain access to:
- 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
© 2024 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.
