{"id":8,"date":"2025-02-07T17:18:16","date_gmt":"2025-02-07T17:18:16","guid":{"rendered":"https:\/\/slaannualreport.com\/2025\/?page_id=8"},"modified":"2026-02-02T17:32:32","modified_gmt":"2026-02-02T17:32:32","slug":"8-2","status":"publish","type":"page","link":"https:\/\/slaannualreport.com\/2025\/","title":{"rendered":"2025 Annual Report"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#0C71C3&#8243; background_image=&#8221;http:\/\/slaannualreport.com\/2025\/wp-content\/uploads\/sites\/11\/2026\/02\/coverbg.jpg&#8221; min_height_tablet=&#8221;&#8221; min_height_phone=&#8221;&#8221; min_height_last_edited=&#8221;on|desktop&#8221; height=&#8221;602px&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;20px||||false|false&#8221; custom_padding_tablet=&#8221;20px||||false|false&#8221; custom_padding_phone=&#8221;11px||0px||false|false&#8221; background_last_edited=&#8221;on|phone&#8221; background_image_phone=&#8221;http:\/\/slaannualreport.com\/2025\/wp-content\/uploads\/sites\/11\/2026\/02\/coverbg-mobile.jpg&#8221; background_enable_image_phone=&#8221;on&#8221; background_size_phone=&#8221;stretch&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||15px||false|false&#8221; custom_padding_tablet=&#8221;||15px||false|false&#8221; custom_padding_phone=&#8221;||6px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;Montserrat|500|||||||&#8221; header_text_color=&#8221;#FFFFFF&#8221; custom_margin=&#8221;||0px||false|false&#8221; custom_margin_tablet=&#8221;||7px||false|false&#8221; custom_margin_phone=&#8221;||-4px||false|false&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; custom_padding=&#8221;||0px||false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; header_font_size_tablet=&#8221;&#8221; header_font_size_phone=&#8221;19px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h1 style=\"text-align: left;\">2025<\/h1>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;Montserrat|800|||||||&#8221; header_text_color=&#8221;#FFFFFF&#8221; header_font_size=&#8221;60px&#8221; custom_margin=&#8221;-8px||7px||false|false&#8221; custom_padding=&#8221;0px||||false|false&#8221; header_font_size_tablet=&#8221;60px&#8221; header_font_size_phone=&#8221;34px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h1 style=\"text-align: left;\">ANNUAL<br \/>REPORT<\/h1>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;Montserrat|500|||||||&#8221; header_text_color=&#8221;#FFFFFF&#8221; header_line_height=&#8221;1.1em&#8221; custom_margin=&#8221;||7px||false|false&#8221; custom_margin_tablet=&#8221;||7px||false|false&#8221; custom_margin_phone=&#8221;||-4px||false|false&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; header_font_size_tablet=&#8221;&#8221; header_font_size_phone=&#8221;19px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h1 style=\"text-align: left;\"><span class=\"NormalTextRun SCXW71630306 BCX8\">All<span>\u00a0<\/span><\/span><span class=\"NormalTextRun SCXW71630306 BCX8\">In<\/span><span class=\"NormalTextRun SCXW71630306 BCX8\"><span>\u00a0<\/span>on California&#8217;s<br \/>Surplus Lines Market<\/span><\/h1>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#e0d4c5&#8243; min_height_tablet=&#8221;&#8221; min_height_phone=&#8221;&#8221; min_height_last_edited=&#8221;on|desktop&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;20px||||false|false&#8221; custom_padding_tablet=&#8221;20px||||false|false&#8221; custom_padding_phone=&#8221;11px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||||false|false&#8221; custom_padding_tablet=&#8221;||||false|false&#8221; custom_padding_phone=&#8221;14px|5px||5px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text content_tablet=&#8221;<\/p>\n<h3><b>A Message from Our CEO<\/b><\/h3>\n<p>California\u2019s surplus lines market is no longer operating at the margins. It has become central to how risk is placed, capital is deployed and coverage remains available in an increasingly complex environment. This annual report reflects that reality. It is not a recap of the year behind us, but an examination of what has changed, why it matters and where responsibility now sits.<\/p>\n<p><img src=%22http:\/\/slaannualreport.com\/2025\/wp-content\/uploads\/sites\/11\/2026\/02\/ben_mckay-300x300.png%22 width=%22300%22 height=%22300%22 alt=%22%22 class=%22wp-image-176 size-medium%22 style=%22float: RIGHT; margin-top: 20px; margin-LEFt: 35px; padding-bottom: 20px;%22 \/>Inside these pages, we share original analysis drawn from statewide policy data and firsthand market experience. Our goal is to help brokers, insurers, regulators and other market participants better understand the structural forces reshaping California\u2019s surplus lines market\u2014and what those forces signal for the future.<\/p>\n<p>If this work is useful to you, I invite you to request a complimentary, high-quality bound edition of the report.<\/p>\n<p>We see this as part of our responsibility as the organization overseeing California\u2019s surplus lines marketplace: to place the year\u2019s developments in context and reflect what they mean for the market as a whole.<\/p>\n<p>Sincerely,<\/p>\n<p><strong>Benjamin J. McKay<\/strong><br \/>\nCEO and Executive Director<br \/>\nThe Surplus Line Association of California&#8221; content_phone=&#8221;<\/p>\n<p><img src=%22http:\/\/slaannualreport.com\/2025\/wp-content\/uploads\/sites\/11\/2026\/02\/ben_mckay-300x300.png%22 width=%22300%22 height=%22300%22 alt=%22%22 class=%22wp-image-176 size-medium%22 style=%22margin-top: 10px; padding-bottom: 20px; display: block; margin-left: auto; margin-right: auto;%22 \/><\/p>\n<h3><b>A Message from<br \/>Our CEO<\/b><\/h3>\n<p>California\u2019s surplus lines market is no longer operating at the margins. It has become central to how risk is placed, capital is deployed and coverage remains available in an increasingly complex environment. This annual report reflects that reality. It is not a recap of the year behind us, but an examination of what has changed, why it matters and where responsibility now sits.<\/p>\n<p>Inside these pages, we share original analysis drawn from statewide policy data and firsthand market experience. Our goal is to help brokers, insurers, regulators and other market participants better understand the structural forces reshaping California\u2019s surplus lines market\u2014and what those forces signal for the future.<\/p>\n<p>If this work is useful to you, I invite you to request a complimentary, high-quality bound edition of the report.<\/p>\n<p>We see this as part of our responsibility as the organization overseeing California\u2019s surplus lines marketplace: to place the year\u2019s developments in context and reflect what they mean for the market as a whole.<\/p>\n<p>Sincerely,<\/p>\n<p><strong>Benjamin J. McKay<\/strong><br \/>CEO and Executive Director<br \/>The Surplus Line Association of California<\/p>\n<p>&#8221; content_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;&#8211;et_global_body_font||||||||&#8221; text_text_color=&#8221;#000000&#8243; text_font_size=&#8221;20px&#8221; text_line_height=&#8221;1.4em&#8221; header_3_font=&#8221;Montserrat|500|||||||&#8221; header_3_text_color=&#8221;#000000&#8243; header_3_font_size=&#8221;30px&#8221; header_3_line_height=&#8221;1.1em&#8221; custom_padding=&#8221;||||false|false&#8221; text_font_size_tablet=&#8221;20px&#8221; text_font_size_phone=&#8221;14px&#8221; text_font_size_last_edited=&#8221;on|phone&#8221; header_3_font_size_tablet=&#8221;&#8221; header_3_font_size_phone=&#8221;26px&#8221; header_3_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3><b>A Message from Our CEO<\/b><\/h3>\n<p>California\u2019s surplus lines market is no longer operating at the margins. It has become central to how risk is placed, capital is deployed and coverage remains available in an increasingly complex environment. This annual report reflects that reality. It is not a recap of the year behind us, but an examination of what has changed, why it matters and where responsibility now sits.<\/p>\n<p>Inside these pages, we share original analysis drawn from statewide policy data and firsthand market experience.\u00a0Our goal is\u00a0to help brokers, insurers, regulators and other market participants better understand the structural forces reshaping California\u2019s surplus lines market\u2014and what those forces signal for the future.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/slaannualreport.com\/2025\/wp-content\/uploads\/sites\/11\/2026\/02\/ben_mckay-300x300.png\" width=\"300\" height=\"300\" alt=\"\" class=\"wp-image-176 size-medium\" style=\"float: left; margin-top: 20px; margin-right: 35px; padding-bottom: 20px;\" \/><\/p>\n<p>If this work is useful to you, I invite you to request a complimentary, high-quality bound edition of the report.<\/p>\n<p>We see this as part of our responsibility as the organization overseeing California\u2019s surplus lines marketplace:\u00a0to place the year\u2019s developments in context and reflect what they mean for the market as a whole.<\/p>\n<p>Sincerely,<\/p>\n<p><strong>Benjamin J. McKay<\/strong><br \/>CEO and Executive Director<br \/>The Surplus Line Association of California<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#e5e5e5&#8243; min_height_tablet=&#8221;&#8221; min_height_phone=&#8221;&#8221; min_height_last_edited=&#8221;on|desktop&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;50px||||false|false&#8221; custom_padding_tablet=&#8221;20px||||false|false&#8221; custom_padding_phone=&#8221;10px||1px||false|false&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][et_pb_row _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||0px||false|false&#8221; custom_padding=&#8221;||5px||false|false&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243; custom_margin_last_edited=&#8221;on|phone&#8221; custom_margin_tablet=&#8221;0px||0px||false|false&#8221; custom_margin_phone=&#8221;0px||0px||false|false&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; sticky_enabled=&#8221;0&#8243; text_text_color=&#8221;#000000&#8243; header_font=&#8221;Montserrat|800|||||||&#8221; header_text_color=&#8221;#000000&#8243; header_line_height=&#8221;0.4em&#8221; custom_margin=&#8221;0px||0px||false|false&#8221; header_font_size_phone=&#8221;26px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; hover_enabled=&#8221;0&#8243; header_line_height_last_edited=&#8221;on|phone&#8221; header_line_height_phone=&#8221;1.2em&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; header_line_height_tablet=&#8221;0.4em&#8221; custom_margin_tablet=&#8221;0px||0px||false|false&#8221; custom_margin_phone=&#8221;0px||0px||false|false&#8221;]<\/p>\n<h1>2025 Annual Report Video Highlights<\/h1>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||20px||false|false&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_video src=&#8221;https:\/\/vimeo.com\/1160375885?share=copy&#038;fl=sv&#038;fe=ci&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_video][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#000000&#8243; header_font=&#8221;Montserrat|800|||||||&#8221; header_text_color=&#8221;#000000&#8243; header_line_height=&#8221;0.4em&#8221; custom_margin=&#8221;||7px||false|false&#8221; hover_enabled=&#8221;0&#8243; header_font_size_tablet=&#8221;&#8221; header_font_size_phone=&#8221;26px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h1>All In<\/h1>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;&#8211;et_global_body_font||||||||&#8221; text_text_color=&#8221;#000000&#8243; text_font_size=&#8221;20px&#8221; text_line_height=&#8221;1.4em&#8221; text_font_size_tablet=&#8221;20px&#8221; text_font_size_phone=&#8221;14px&#8221; text_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>In a year defined by pressure and rapid market change, the Surplus Line Association of California went ALL IN. From safeguarding access and affordability to modernizing systems, strengthening global partnerships and empowering the next generation, this video highlights how SLACAL and its staff supported the nation\u2019s most complex regulated E&amp;S market in 2025.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#0C71C3&#8243; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_direction=&#8221;0deg&#8221; background_color_gradient_stops=&#8221;rgba(43,135,218,0) 0%|#0a0101 83%&#8221; background_color_gradient_overlays_image=&#8221;on&#8221; background_enable_image=&#8221;off&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;41px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||0px||false|false&#8221; custom_padding=&#8221;0px||21px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Montserrat|500|||||||&#8221; text_text_color=&#8221;#FFFFFF&#8221; text_font_size=&#8221;23px&#8221; header_font=&#8221;Montserrat|800|||||||&#8221; header_text_color=&#8221;#FFFFFF&#8221; header_line_height=&#8221;1.2em&#8221; custom_margin=&#8221;||0px||false|false&#8221; text_font_size_tablet=&#8221;23px&#8221; text_font_size_phone=&#8221;17px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p style=\"text-align: center;\">Get Your Complimentary Copy<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;Montserrat|800|||||||&#8221; header_text_color=&#8221;#FFFFFF&#8221; header_line_height=&#8221;1.2em&#8221; custom_margin=&#8221;||-12px||false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;||0px||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; header_font_size_tablet=&#8221;&#8221; header_font_size_phone=&#8221;23px&#8221; header_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h1 style=\"text-align: center;\">2025 SLA Annual Report<\/h1>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||0px||false|false&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text content_tablet=&#8221;<\/p>\n<p>Thank you for your interest in the Surplus Line Association of California\u2019s 2025 Annual Report. To receive a complimentary physical copy of the full report, please complete the request form. We look forward to sharing our insights and achievements with you.<\/p>\n<p><strong>What You\u2019ll Find in This Year\u2019s Report<\/strong><strong> <\/strong><\/p>\n<p><strong><\/strong><\/p>\n<ul>\n<li>Total policy transactions and premium registered<\/li>\n<li>Impact of legal risk catastrophe exposure on coverage<\/li>\n<li>Importance of global partnerships and capital flow<\/li>\n<li>Rankings of the Top 20 Carriers and Top 50 Brokerages<\/li>\n<\/ul>\n<p>&#8221; content_phone=&#8221;<\/p>\n<p>Thank you for your interest in the Surplus Line Association of California\u2019s 2025 Annual Report. To receive a complimentary physical copy of the full report, please complete the request form. We look forward to sharing our insights and achievements with you.<\/p>\n<p><strong>What You\u2019ll Find in This Year\u2019s Report<\/strong><strong> <\/strong><\/p>\n<p><strong><\/strong><\/p>\n<ul>\n<li>Total policy transactions and premium registered<\/li>\n<li>Impact of legal risk catastrophe exposure <br \/>on coverage<\/li>\n<li>Importance of global partnerships and <br \/>capital flow<\/li>\n<li>Rankings of the Top 20 Carriers and <br \/>Top 50 Brokerages<\/li>\n<\/ul>\n<p>&#8221; content_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;&#8211;et_global_body_font||||||||&#8221; text_text_color=&#8221;#FFFFFF&#8221; text_font_size=&#8221;20px&#8221; text_line_height=&#8221;1.4em&#8221; text_font_size_tablet=&#8221;20px&#8221; text_font_size_phone=&#8221;14px&#8221; text_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Thank you for your interest in the Surplus Line Association of California\u2019s 2025 Annual Report. To receive a complimentary physical copy of the full report, please complete the request form. We look forward to sharing our insights and achievements with you.<\/p>\n<p><strong>What You\u2019ll Find in This Year\u2019s Report<\/strong><strong> <\/strong><\/p>\n<p><strong><\/strong><\/p>\n<ul>\n<li>Total policy transactions and premium registered<\/li>\n<li>Impact of legal risk catastrophe exposure on coverage<\/li>\n<li>Importance of global partnerships and capital flow<\/li>\n<li>Rankings of the Top 20 Carriers and Top 50 Brokerages<\/li>\n<\/ul>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_code _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||||false|false&#8221; custom_padding=&#8221;0px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<iframe loading=\"lazy\" src=\"https:\/\/go.slacal.com\/l\/1066012\/2026-01-28\/3w5rj4h\" width=\"100%\" height=\"1100\" type=\"text\/html\" frameborder=\"0\" allowTransparency=\"true\" style=\"border: 0\"><\/iframe>[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2025ANNUALREPORTAll\u00a0In\u00a0on California&#8217;sSurplus Lines MarketA Message from Our CEO California\u2019s surplus lines market is no longer operating at the margins. It has become central to how risk is placed, capital is deployed and coverage remains available in an increasingly complex environment. This annual report reflects that reality. It is not a recap of the year behind [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"dipi_cpt_category":[],"class_list":["post-8","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/slaannualreport.com\/2025\/wp-json\/wp\/v2\/pages\/8","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/slaannualreport.com\/2025\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/slaannualreport.com\/2025\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/slaannualreport.com\/2025\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/slaannualreport.com\/2025\/wp-json\/wp\/v2\/comments?post=8"}],"version-history":[{"count":82,"href":"https:\/\/slaannualreport.com\/2025\/wp-json\/wp\/v2\/pages\/8\/revisions"}],"predecessor-version":[{"id":197,"href":"https:\/\/slaannualreport.com\/2025\/wp-json\/wp\/v2\/pages\/8\/revisions\/197"}],"wp:attachment":[{"href":"https:\/\/slaannualreport.com\/2025\/wp-json\/wp\/v2\/media?parent=8"}],"wp:term":[{"taxonomy":"dipi_cpt_category","embeddable":true,"href":"https:\/\/slaannualreport.com\/2025\/wp-json\/wp\/v2\/dipi_cpt_category?post=8"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}