RLI: Property market dynamics suggest hard market will continue
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RLI: Property market dynamics suggest hard market will continue

Eileen AJ Connelly
July 21, 2022
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RLI logo Peoria IL with Klobnak.jpg

Hard market conditions in the Southeast property market continue to be a significant challenge as the number of admitted carriers shrink and those that remain offer lower levels of coverage, RLI management has said.

RLI achieved a 24% rate increase on hurricane exposure in the quarter, even as it tightened terms and conditions, COO Jennifer Klobnak said during the carrier’s Q2 earnings call.

The

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Eileen AJ Connelly
Contributing Editor
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