RLI Estimates Wilma Costs
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.
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