QUOTE AND NEWS
SeekingAlpha  May 4  Comment 
Insurance Journal  Mar 30  Comment 
Peoria, Ill.-based specialty insurer RLI Corp. is promoting Betsy McLaughlin to vice president, chief claim counsel, effective April 1. McLaughlin is assuming the responsibilities of Brian J. Casey, retires on March 31. Casey will continue to...
SeekingAlpha  Feb 9  Comment 
SeekingAlpha  Nov 10  Comment 




 
TOP CONTRIBUTORS

Founded in 1965, RLI Corporation (RLI) is a specialty property-casualty (P&C) underwriter that caters primarily to niche markets through its main operating subsidiary, RLI Insurance Company. Other subsidiaries include Mt. Hawley Insurance Company, Underwriters Indemnity Company, and Planet Indemnity Company. The company classifies its operations into four segments Casualty, Property, Surety, and Marine. General liability business and commercial and personal umbrella liability coverage are offered through the Casualty segment (which contributed 63.4% of the 2006 gross written premium of $799.0 million). The Property segment (which contributed 28.2% of the 2006 gross written premium) provides commercial property coverage, including excess and surplus (E&S) lines and specialty insurance. The Surety segment (which contributed 8.4% of the 2006 gross written premium) offers contract and commercial surety insurance. RLI recently added the fourth business unit RLI Marine, which will be dealing with cargo, hull, protection, and indemnity, primary and excess liabilities, yachts, and other marine coverage. RLI mostly covers markets in California, New York, Florida, and Texas. Premiums, investment income, and net realized investment gains accounted for 83.8%, 11.3%, and 4.9%, respectively of the $632.7 million in 2006 revenue. RLI carried a financial strength rating of A+ (Superior) from A.M. Best Company.





References

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki