The Surplus Lines Market in the U.S. is unique, complex, and dynamic. Unlike the heavily regulated traditional insurance market, the surplus lines market is less regulated and operates under different rules.
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Surplus Lines Insurers Achieve Impressive Growth, Improve Operating Profitability
The surplus lines market nearly doubled its pace of premium growth in 2018, driven by a healthy U.S. economy and new investments in operating platforms, according to a new AM Best report. The Best’s Market Segment Report, “Surplus Lines Insurers Achieve Impressive Growth, Improve Operating Profitability,” notes that this specialty insurance segment grew 11.2% last… Continue reading Surplus Lines Insurers Achieve Impressive Growth, Improve Operating Profitability