RLI’s hurricane rates increased 47% in Q1: COO Klobnak
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RLI’s hurricane rates increased 47% in Q1: COO Klobnak

Kyoung-son Song
April 20, 2023
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RLI logo hurricane satellite.jpg

RLI COO Jen Klobnak said that hurricane rates rose 47% in the first quarter, which marked another quarter of quarterly double-digit rate increases going back to Q4 2019.

On a call with analysts, the executive added that the headline continues to be the Southeast property market. Meanwhile, rates in the property segment increased 24% overall in the quarter.

“We

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Kyoung-son Song
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