I'm also using PHPStorm. Why doesn't this show up in my Live Template options when I use CTRL + ALT + T? I only get surround with tag. I installed Laravel plugin, which I'd hoped would add this. Also, do I need the Laravel plugin?
As an addition to this. You can call the abbreviation anything you want (I called it 'B' like Jeffrey has). If you then select the piece of code you want to surround with the blade directive press: Cmd + Option + T (default on Mac), you should now see the template you made, press the abbreviation key you gave it and voila.
@agileadam For me, after placing all the inputs, there was a warning saying No applicable contexts. There's a Define button bellow it. I then checked HTML, and PHP.