RLI Corp News

RLI Sees Up to $75 Million in Catastrophe Losses from Hawaiian Wildfires in Q3

Property and casualty insurer RLI Corp said on Wednesday it expects to record pretax net catastrophe losses of between $65 million and $75 million from Hawaiian wildfires in the third quarter of 2023. Wildfires earlier this month on Hawaii’s Maui, …

RLI Announces Claim Department Leadership Promotions

RLI Corp. announced several new promotions within the claim department to position the company for continued success. The changes are effective immediately. Don Driscoll, vice president, Claim, has been promoted to vice president, chief claim officer. Driscoll will retain responsibility …

RLI Partners with Recreation Insurance Specialists to Underwrite RV Insurance

RLI Corp. announced today a new partnership with Recreation Insurance Specialists (RIS), a specialty recreation vehicle (RV) insurance agency, that will allow RLI to underwrite RV insurance for RIS. RLI has hired Eric Raudins to manage the new product line …

RLI Announces New Security Guard and Alarm Systems Liability Product

Ill.-based RLI Corp. announced a new security guard and alarm systems liability insurance product. RLI has hired Mitchell Bombet, director of underwriting, to manage the new product line. RLI will provide primary and excess liability insurance coverage for security guard …

RLI Announces Extended Coverage for Personal Umbrella Policy in Florida

RLI Corp, a specialty insurance company serving under served markets, announced that it is offering a reduced liability attachment point for its personal umbrella policy for Florida residents. Personal umbrella coverage is now available to customers whose primary residence is …

RLI Completes Purchase of CBIC

RLI Corp., a specialty insurance company, has closed the purchase of Contractors Bonding and Insurance Co. (CBIC), a privately held, Seattle-based insurance company specializing in surety bonds and related niche property and casualty insurance products for approximately $136 million in …