RLI Corp. (NYSE: RLI) -- RLI Corp. announced today that its A+ (Superior) financial strength rating (FSR) has been affirmed by AM Best Company for the following insurance subsidiaries: RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. AM Best also revised the outlook to positive from stable and affirmed the Long-Term Issuer Credit Ratings (ICR) for each RLI company. The RLI Corp. ICR of “a” (Excellent) was affirmed and the ICRs of “aa”...
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of the members of RLI Group (RLI). In addition, AM Best has revised the outlook to positive from stable and affirmed the Long-Term ICR of “a” (Excellent) of RLI’s publicly traded parent holding company, RLI Corp. [NYSE: RLI]. All companies are headquartered in Peoria, IL. (See below for a...
RLI Corp. (NYSE: RLI) – RLI Corp. announced today that it has been honored with a Glassdoor Employees’ Choice Award, recognizing the Best Places to Work in 2025. RLI is ranked 9th out of the top 100 large U.S. companies that received the award. "We are honored to be named one of the Top 10 Best Places to Work by Glassdoor," said RLI Corp. President & CEO Craig Kliethermes. "For 60 years, we have cultivated a culture of ownership and innovation that empowers all team members to make...
RLI Corp. (NYSE: RLI) – RLI Corp. reported fourth quarter 2024 net earnings of $40.9 million ($0.44 per share), compared to $114.6 million ($1.24 per share) for the fourth quarter of 2023. Operating earnings (1) for the fourth quarter of 2024 were $38.4 million ($0.41 per share), compared to $71.1 million ($0.77 per share) for the same period in 2023. On January 15, 2025, RLI executed a two-for-one stock split of common stock. All share and per share data in this release reflect the stock...
RLI Corp. (NYSE: RLI) – RLI Corp. announced today that it will release its fourth quarter 2024 earnings after market close on Wednesday, January 22, 2025. The company will hold its quarterly conference call to discuss fourth quarter results on Thursday, January 23, 2025, at 10 a.m. CST. This call is being webcast by Q4 and can be accessed at https://events.q4inc.com/attendee/436980475 . ABOUT RLI RLI Corp. (NYSE: RLI) is a specialty insurer serving niche property, casualty and surety markets....
WEST PALM BEACH, FL & LONDON, UK / ACCESSWIRE / October 31, 2024 / U.S. Polo Assn., the official brand of the United States Polo Association (USPA), is pleased to announce the brand has been awarded the Emerging Market Retailer of the Year at the 2024 Global RLI Awards . Held in London, the prestigious awards recognize the innovation and dynamism that retail and leisure industry brands utilize to continue to adapt and evolve in fast-changing market environments around the globe. U.S. Polo Assn....
RLI Corp. (NYSE: RLI) – RLI Corp. announced today its Board of Directors has declared a third quarter regular cash dividend of $0.27 per share, unchanged from the prior quarter. The dividend is payable on September 20, 2023, to shareholders of record as of August 31, 2023. RLI has increased dividends in each of the last 48 years. The company’s dividend yield would be 0.79% based on the $1.08 indicated annual dividend and yesterday’s closing stock price of $136.45. ABOUT RLI RLI Corp....
RLI Corp. (NYSE: RLI) – RLI Corp. reported second quarter 2023 net earnings of $77.7 million ($1.69 per share), compared to a net loss of $2.2 million ($0.05 per share) for the second quarter of 2022. Operating earnings (1)(2) for the second quarter of 2023 were $53.3 million ($1.16 per share), compared to $60.7 million ($1.34 per share) for the same period in 2022. Second Quarter Year to Date Earnings Per Diluted Share 2023 2022 2023 2022 Net earnings (loss) $ 1.69 $ (0.05 ) $ 3.83 $ 1.00...
RLI Corp. (NYSE: RLI) -- RLI Corp. announced today that RLI Insurance Company has been named to Ward’s 50 ® top-performing insurance companies list for the 33 rd consecutive year. RLI is the only company that has been named to the list since its inception in 1991. “We’re honored to be recognized as a top performer in the industry for the 33 rd consecutive year,” said RLI Corp. President & CEO Craig Kliethermes. “This distinction recognizes our continued commitment to providing...
RLI Corp. (NYSE: RLI) – RLI Corp. announced today that it will release its second quarter 2023 earnings after market close on Monday, July 24, 2023. The company will hold its quarterly conference call to discuss second quarter results on Tuesday, July 25, 2023 at 10 a.m. CDT. This call is being webcast by Q4 and can be accessed at https://events.q4inc.com/attendee/705943023 . ABOUT RLI RLI Corp. (NYSE: RLI) is a specialty insurer serving niche property, casualty and surety markets. The company...
RLI Corp. (NYSE: RLI) – RLI Corp. announced today that is has promoted two leaders within its Claim and Claim Counsel teams. The following promotions are effective immediately. Cory Figiel, Assistant Vice President, Claim has been promoted to Vice President, Claim with executive leadership responsibility for Professional Liability, Environmental Liability and Executive Products Group claims. Figiel joined RLI in 2016 as Director, Claim Counsel, after more than nine years as a litigation and...
RLI Corp. (NYSE: RLI) -- RLI Transportation, a division of RLI Insurance Company, announced today a partnership with Motive, a technology company that combines IoT hardware with AI-powered applications to help improve the safety and productivity of vehicle fleets and industrial operations. The partnership will provide RLI Transportation customers who have commercial fleets of any size, including those in the 1-10 vehicle space, with enhanced loss control resources through AI-powered dash cams,...
RLI Corp. (NYSE: RLI) announced today its Board of Directors has declared a second quarter regular cash dividend of $0.27 per share, a $0.01 increase over the prior quarter. The dividend is payable on June 20, 2023 to shareholders of record as of May 31, 2023. RLI has increased dividends in each of the last 48 years. The company’s dividend yield would be 0.77% based on the $1.08 indicated annual dividend and yesterday’s closing stock price of $139.48. ABOUT RLI RLI Corp. (NYSE: RLI) is a...
RLI Corp. (NYSE: RLI) – RLI Corp. reported first quarter 2023 net earnings of $98.8 million ($2.15 per share), compared to $47.9 million ($1.05 per share) for the first quarter of 2022. Operating earnings (1) for the first quarter of 2023 were $75.0 million ($1.63 per share), compared to $60.4 million ($1.32 per share) for the same period in 2022. First Quarter Earnings Per Diluted Share 2023 2022 Net earnings $ 2.15 $ 1.05 Operating earnings (1) (2) $ 1.63 $ 1.32 (1) See discussion below:...
RLI Corp. (NYSE: RLI) – RLI Corp. announced today that it will release its first quarter 2023 earnings after market close on Wednesday, April 19, 2023. The company will hold its quarterly conference call to discuss first quarter results on Thursday, April 20, 2023 at 10 a.m. CDT. This call is being webcast by Q4 and can be accessed at https://events.q4inc.com/attendee/964127485 . ABOUT RLI RLI Corp. (NYSE: RLI) is a specialty insurer serving niche property, casualty and surety markets. The...
RLI Corp. (NYSE: RLI) – RLI Insurance Company announced today the launch of RLI Safety Solutions™, a comprehensive suite of safety consulting services for small and midsized commercial transportation fleet operators. RLI Safety Solutions services are available nationwide to small and midsized commercial transportation fleet operators insured by RLI or other carriers. Consulting services offered include Department of Transportation compliance reviews, customized driver training programs,...
RLI Corp. (NYSE: RLI) – RLI Corp. announced today its Board of Directors has declared a first quarter regular cash dividend of $0.26 per share, unchanged from the prior quarter. The dividend is payable on March 20, 2023 to shareholders of record as of February 28, 2023. RLI has increased dividends in each of the last 47 years. The company’s dividend yield would be 0.78% based on the $1.04 indicated annual dividend and yesterday’s closing stock price of $133.50. ABOUT RLI RLI Corp. (NYSE:...
RLI Corp. (NYSE: RLI) – RLI Corp. reported fourth quarter 2022 net earnings of $97.8 million ($2.13 per share), compared to $95.3 million ($2.08 per share) for the fourth quarter of 2021. Operating earnings (1) for the fourth quarter of 2022 were $70.5 million ($1.53 per share), compared to $55.3 million ($1.21 per share) for the same period in 2021. Fourth Quarter Year to Date Earnings Per Diluted Share 2022 2021 2022 2021 Net earnings $ 2.13 $ 2.08 $ 12.74 $ 6.11 Operating earnings (1) (2) $...
RLI Corp. (NYSE: RLI) announced today that it will release its fourth quarter 2022 earnings after market close on Wednesday, January 25, 2023. The company will hold its quarterly conference call to discuss fourth quarter results on Thursday, January 26, 2023 at 10 a.m. CST. This call is being webcast by Q4 and can be accessed at https://events.q4inc.com/attendee/603734663 . ABOUT RLI RLI Corp. (NYSE: RLI) is a specialty insurer serving niche property, casualty and surety markets. The company...
RLI Corp. (NYSE: RLI) -- RLI Corp. announced today the retirement and promotion of several product leaders. Dennis Drees, Vice President, Casualty Brokerage, announced he will retire February 14, 2023, following a successful 42-year career in the insurance industry. Drees joined RLI in 1994 as Director, Casualty and served in various leadership roles before being promoted to his current role in 2014. “Throughout his tenure, Dennis’ leadership and expertise have been invaluable to the success...