RLI Corp. Expects Double-Digit Rate Increases for Personal Umbrella Insurance in 2027

RLI Corp. expects personal umbrella insurance rates to return to double-digit increases in 2027, a forecast that points to higher prices for customers who buy the liability coverage.

RLI's third-quarter results included $58.8 million in underwriting income and a combined ratio of 86.2. Gross premiums written rose 2%, while net investment income increased 13%.