Question-and-Answer Session
Operator
(Operator Instructions) Our first question will come from Bijan Moazami - Friedman, Billings, Ramsey.
Bijan Moazami - Friedman, Billings, Ramsey
Could you talk about the inflationary trends that you are experiencing in the loss adjustment expense? Last quarter when we talked about it you were a little bit concerned, and I was wondering if you could expand on that. Also, if you could talk about the surplus relief that you might be getting in California, and what would that mean for SeaBright?
Richard Gergasko
On the loss adjustment expense side, we did not see any additional inflationary trends in the first quarter. I believe it was really California where we were concerned just because of the lower loss levels we were experiencing in California, and there was nothing new or additional to report for the quarter.
John Pasqualetto
On the surplus question, I’m not sure I understand your question, Bijan. What are you getting at?
Bijan Moazami - Friedman, Billings, Ramsey
Randy Binner, my colleague who covers Zenith mentioned that there are lower capital requirements now in California to be writing workers’ comp, and that’s some of the stuff he picked up from his conversation with people at Zenith.
John Pasqualetto
I thought you were talking about our surplus. Because of the very specialized nature of the niches in which we operate, we frankly are not as concerned about that as if we were a carrier writing across the board. I’m frankly more concerned about the existing players growing appetite for market share.
Operator
Our next question will come from Michael Grasher - Piper Jaffray.
Michael Grasher - Piper Jaffray
Rich, what premium volumes were experienced in new states or new geographic territories during the quarter maybe as a percent of the total in terms of the gross written?
Richard Gergasko
Michael, on that the only state outside of the core group that I talked about was Florida. Florida grew by 9.2% in the quarter, 9.3%. Some of the smaller states we saw some writings in, Maryland for example, was up it’s on a small base. It was up 44%. We wrote a couple of accounts there. But for the most part just given where we were, it was a lot in our major states in each of the regions other than that, the big one in Florida was pretty flat.
Michael Grasher - Piper Jaffray
Is there any news with regard to the wrap-up product?
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