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.
Hurricane Lowell Brings Heavy Rains as It Passes West of Hawaii
Fire, Heat Threaten Parts of US From North Dakota to California
NYC Officials Feared Liability Over Toxic Air After 9/11 Attacks
Tesla’s Rollout of Cybercab Is Marred by Regulatory Probe