Focus on Florida Surplus Lines

March 7, 2010

Florida Surplus Lines Premiums/Policy Count 2009

2009 2008 2007 2006 2005
Aggregate Premium $3.8 billion $4.2 billion $4.8 billion $4.7 billion $3.7 billion
Policy Count 682,221 724,158 745,714 789,101 781,111


Top Florida Surplus Lines Coverages by Premium Amount in 2009

Coverage Premium Policy Count
Commercial Property $1,944,467,094.04 104,971
Commercial General Liability $471,297,988.84 136,460
Commercial Package (Property & Casualty) $250,992,207.43 69,894
Homeowners-Ho-3 $124,158,434.19 52,370
Miscellaneous E&O Liability $75,499,850.08 6,216
Miscellaneous Medical Professionals $70,869,683.53 2,990
Excess Commercial Gen. Liab. (Not Umbrella) $64,597,559.53 4,314
Commercial Umbrella Liability $54,991,526.97 3,103
Windstorm &/Or Hail $46,471,443.66 1,362
Windstorm $43,245,826.51 139
Condominium Package (Commercial) $37,207,585.39 1,117
Dwelling Property $34,539,912.13 17,283
Pollution & Environment Liability $30,101,509.87 1,736
Builders Risk $28,367,373.33 2,886
Dwelling Flood $26,082,826.29 23
Personal & Pleasure Boats & Yachts $25,547,919.64 6,078
Condo Unit-Owners Ho-6 $24,876,374.56 22,996
Hospital Professional Liability $23,751,943.18 121
Physician/Surgeon $23,148,891.61 450
Inland Marine (Personal) $21,744,755.24 167,460

Source: The Florida Surplus Lines Service Office


Top Surplus Lines Insurers in Florida 2009 By Premium

Company Premiums # of Policies
1 Lloyd’s Underwriters At, London $805,912,574.83 307,372
2 Lexington Insurance Co. $525,491,675.58 17,980
3 Qbe Specialty Insurance Co. $167,859,254.75 4,156
4 Scottsdale Insurance Co. $157,844,989.71 48,905
5 Landmark American Insurance Co. $139,997,870.62 9,295
6 Empire Indemnity Insurance Co. $124,968,120.82 1,005
7 Westchester Surplus Lines Insurance Co. $86,009,342.79 921
8 Axis Surplus Insurance Co. $85,054,228.11 11,133
9 Arch Specialty Ins. Co. $75,919,286.52 1,618
10 Steadfast Insurance Co. $74,256,101.53 2,685
11 Colony Insurance Co. $55,947,204.53 15,278
12 Columbia Casualty Co. $53,102,768.42 5,114
13 Geovera Specialty Insurance Co. (Usf&G) $52,145,503.36 31,908
14 Lantana Insurance Ltd. $50,253,210.23 9,750
15 Chubb Custom Insurance Co. $48,844,550.01 3,105
16 Mt. Hawley Insurance Co. $45,815,196.65 1,733
17 Century Surety Co. $44,423,367.38 12,669
18 Max Specialty Insurance Co. $43,157,009.33 4,627
19 Chartis Specialty Insurance Co. $42,195,183.74 1,117
20 Everest Indemnity Insurance Co. $39,861,932.75 1,117

Source: The Florida Surplus Lines Service Office

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