QUOTE AND NEWS
SeekingAlpha  Nov 10  Comment 
SeekingAlpha  Aug 10  Comment 
Insurance Journal  Jun 29  Comment 
RLI Insurance Company’s RLI Executive Products Group has launched a new cyber liability insurance product. RLI’s cyber liability insurance offers both first and third party coverage options to protect medium-to-large sized firms against...
Insurance Journal  Jun 16  Comment 
W. R. Berkley Corp. has appointed David A. Dunn as president and chief executive officer of its trucking insurance specialist, Carolina Casualty. Dunn has 40 years of experience in the property/casualty insurance industry, principally in the...
Insurance Journal  Jun 9  Comment 
Peoria, Ill.-based specialty insurer, RLI Corp., promoted Dan Meyer to president of the RLI Transportation Division. Meyer succeeds Dave Dunn, who recently departed the company to pursue other opportunities. Meyer joined RLI in 2000 as a claim...
Insurance Journal  Jun 7  Comment 
Specialty insurer RLI Corp. announced that Dan Meyer has been promoted to president, RLI Transportation Division. Meyer succeeds Dave Dunn, who recently departed the company to pursue other opportunities. Meyer joined RLI in 2000 as a claim...




 
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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.





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