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in Editors' Featured

An Improving Bottom Line for U.S. Surplus Lines

2012 marked a challenging year for the surplus lines insurance industry. But that's not the story for 2013, says Jeremy Johnson, president of Lexington Insurance Co. Whether or not 2013 is a good year for the E&S market depends on how the industry underwrites. So far underwriters have not priced foolishly, he says. Johnson says an uptick in the U.S. economy, a positive property/casualty rate environment and strong industry surplus for U.S. insurers is leading to an improving bottom line.

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