May 6, 2024
April Premium Up 34%
Premium stats for April show a 34% increase over April last year, following March's 11% dip. Premium totaled nearly $2 billion last month.
For more April stats, click on the following reports below.
Policy Count
Policy count saw an increase of 21% over April 2023.
New Business vs. Renewal
Stats show moderate growth in both new business and renewals, with 17% and 24%, respectively.
These stats are a stark difference from March when new business stagnated and renewals fell.
Top Coverages
Commercial General Liability saw higher premium growth at 53% compared to 31% for Commercial Property. Conversely, Commercial Property held a higher policy count at 51% compared to Commercial General Liability (24%).
For more statistics and reports check out Florida Market Data on FSLSO.com.
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