RLI expects to report pre-tax losses, net of reinsurance, from Hurricane Wilma of approximately $11 million, or $0.27 per share. This estimate is based on claim activity to date and projections by the company’s catastrophe management systems.
Peoria, Ill.-based RLI offers a diversified portfolio of property and casualty coverages and surety bonds serving “niche” or underserved markets.
Was this article valuable?
Here are more articles you may enjoy.
State Insurance Legislators ‘Greatly Disturbed’ by Trump AI Regulation Order
US House Bill Aims to End Private Flood Insurance Coverage Penalty
Insurance Covers Settlement Paid by Stocks Instead of Money: Delaware High Court
Trump Administration Turning to Private Firms in Cyber Offensive 

