OCTOBER 2026

Florida Surplus Lines Filings Total
$1.24B in October

Florida surplus lines filings totaled $1.24B in reported premium for October 2026, a 5% increase compared to October 2025. Policy count also increased 14%, rising from 141,193 to 160,485, while the average reported premium per policy decreased 8% to $7,751. 

Among the factors contributing to October's reported premium growth was an increase in captive-associated filings. The Other Captive/Non-Admitted Insurers category reported $97.84M in premium, compared to $35.32M in October 2025. Excluding this category, October's total reported premium would have decreased approximately 0.3% year-over-year, rather than increasing 5%. 

While October reported year-over-year growth across several key metrics, year-to-date (YTD) results continue to reflect the broader outlook for 2026. Compared to the same period last year, YTD premium decreased 4%, from $15.10B to $14.48B. Excluding the captive-associated reporting category, that decline would have been approximately 5.5%. Across all reported filings, the average premium per policy declined 15%, from $10,375 to $8,797, while policy count increased 13%, rising from 1,455,878 to 1,646,602. 

MONTHLY PREMIUM BREAKDOWN

MONTHLY POLICY COUNT BREAKDOWN

PREMIUM & POLICY COUNT | YoY COMPARISON

“The surplus lines industry continues to evolve, and we're seeing that reflected in the business reported to our office,” said Mark Shealy, Executive Director of FSLSO. “Captive-associated filings are becoming a more significant part of that picture. When we're looking at market trends, it's important to understand not just how much premium is being reported, but where that premium is coming from.” 

NEW BUSINESS AND RENEWALS | OCTOBER 2026 vs. OCTOBER 2025

New business accounted for 44% of October's reported policies, down one percentage point from 45% in October 2025, while renewals increased one percentage point from 55% to 56%. 

Top 10 Lines of Business

Compared to October 2025, seven of the top 10 lines of business reported premium increases, eight reported policy count increases, and four recorded higher average premiums per policy. 

TOP 10 LINES OF BUSINESS | OCTOBER 2026

Commercial General Liability (CGL) led the top 10 lines of business in October with $239.14M in reported premium, a 9% increase over October 2025. Commercial Property ranked second at $216.64M, a 16% decrease year-over-year. 

Excess Commercial General Liability ranked third, reporting $188.58M in premium, a 39% increase compared to October 2025 and the largest percentage premium increase among the top 10. Policy count increased 5% to 3,720, while the average reported premium per policy rose 32% to $50,694. 

Homeowners HO-3 reported a slight premium increase of 1%, rising from $58.51M to $59.02M, while recording the largest percentage increase in policy count among the top 10 at 72%, reaching 17,963 policies. The average reported premium per policy decreased 41%, from $5,604 to $3,286, marking another month below the $4,000 threshold. 

Builders Risk – Commercial was one of three lines to report decreased premium, falling 35% from $43.08M to $28.03M. Despite the decline, policy count increased 65%, from 817 to 1,351, while the average reported premium per policy decreased 61%, from $52,734 to $20,744. 

Top 10 Insurers 

The top 10 insurers reported mixed results in October 2026. Seven reported decreases in premium, while five recorded declines in policy count compared to October 2025. 

TOP 10 INSURERS | OCTOBER 2026

Underwriters at Lloyd's, London was one of two insurers to report increases in both premium and policy count. Premium increased 8%, from $173.37M to $188.08M, while policy count rose 36%, from 26,218 to 35,778. Lloyd's accounted for approximately 22% of total reported policies in October. 

AIG Specialty Insurance Company was the other insurer to report increases in both premium and policy count. It recorded the highest percentage increase in policy count among the top 10 at 105%, rising from 375 to 767 policies. Premium increased 38%, from $15.10M to $20.87M. 

MS Transverse Specialty Insurance Company recorded the largest percentage premium decrease among the top 10 insurers, declining 29% to $27.32M. Despite the decrease in reported premium, policy count increased 16% to 7,321, accounting for approximately 5% of October's total reported policies. 

Other Captive/Non-Admitted Insurers ranked second in reported premium for October, increasing 177% to $97.84M. Despite accounting for approximately 8% of total reported premium, the category represented just 0.05% of policy count, with 75 policies. Year-to-date activity reflects broader growth in this reporting category, with premium increasing 156%, from $134.94M to $345.68M, and policy count rising 62%, from 428 to 694. 

October Wrap-Up 

October's reported premium growth narrowed the year-to-date decline from approximately 5% through September to 4% through October. Year-to-date policy count remained 13% above the same period in 2025. 

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