Peoria, Ill.-based specialty insurer RLI Corp. has issued a preliminary range of losses from Hurricane Frances of $2 million to $2.5 million on an after-tax basis. This estimate is based on actual claim activity to date in addition to the company’s catastrophe management systems.
In its latest earnings release, RLI, rated “A+” (superior) by A.M. Best Co., reported statutory surplus of $595.2 million.
Was this article valuable?
Here are more articles you may enjoy.
Verisk: Insurance Claims Volume Fell to 5-Year Low in 2025 
Florida Mobile Home Insurance Market Still Struggling With Premiums, Coverage 
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
Marsh Aims to Be ‘AI Winner’ by Focusing on Gains in Growth, Productivity, Efficiency 
