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.
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch
California Smoke Damage Act Would Enable Wildfire Victims to Expedite Claims 

