For many years, the homeowners insurance market operated as a relatively stable and predictable sector in California. Changes were incremental, and the market largely catered to established patterns of risk and pricing.
This stability, however, has been disrupted recently, with dramatic shifts reshaping the landscape. The surplus lines insurance market has seen unprecedented activity, and 2024 marks yet another pivotal year in its evolution.
Building on the trends observed in 2023, the surplus lines market in California experienced remarkable growth in