Insurance Groundhogs Warming Up to Market Changes

Spring is not around the corner. It's more than a month away, Punxsutawney Phil predicted on Monday. But what is going to happen to conditions in the property/casualty insurance market? What lines ...

Everest Group Boosts Casualty Loss Reserves $1.7B

Everest Group, Ltd. pre-announced full-year 2024 earnings yesterday, disclosing about a 45 percent drop in net income attributable to a $1.7 billion boost in its casualty insurance reserves. The ...

RLI: 26 Straight Years of Underwriting Profit

RLI's 2021 fourth-quarter represented Chairman Jon Michael's last quarter at the helm of the specialty insurer as chief executive officer. Craig Kliethermes, who took the reins as president and CEO ...

RLI Makes a Number of Executive Changes

RLI Corp. is making a new of leadership changes as it gears up for long-time CEO Jonathan Michael's retirement at the end of 2021. "Each of these leaders brings a wealth of experience, knowledge and ...