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.
California and US West Threatened by Wildfires Over Coming Days 
Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says 
Bayer’s Supreme Court Win in Roundup Case No ‘Silver Bullet’ 
NAIC Says Data Taken in Hack Has Been Published Online 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.