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Best’s News & Research Service subscription required - January 26, 2023 03:39 PM (EST)

RLI Cat Treaty Renewal Cost Jumps 45%; COO Warns of Potential Marketplace Decline on Abrupt Change

RLI Corp. catastrophe treaty renewal costs soared roughly 45% and its first-dollar retention doubled to $50 million this month, a sign of abrupt change that could precipitate a marketplace decline . . .

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