RLI Corp., Peoria, Ill., reported today that third quarter earnings rose 300 percent compared to the same period last year.
The property-casualty writer reported third quarter net earnings of $25.3 million on $149.2 million in revenue for the third quarter of this year, compared to $8.3 million earnings on $146.6 million revenue in the same period last year.
The company reported a combined ratio of 89.5 across all segments compared to 105.6 for the same period last year.
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