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RLI Corp. (RLI)

43.89 Down 0.48(1.08%) 4:02PM EDT
|After Hours : 43.89 0.00 (0.00%) 4:02PM EDT - NYSE Real Time Price
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RLI Corp.
9025 North Lindbergh Drive
Peoria, IL 61615
United States - Map
Phone: 309-692-1000

Index Membership:N/A
Industry:Property & Casualty Insurance
Full Time Employees:823

Business Summary 

RLI Corp., through its subsidiaries, underwrites property and casualty insurance primarily in the United States. Its Casualty segment provides general liability products consisting of coverage for third party liability of commercial insureds, including manufacturers, contractors, apartments, real estate investment trusts, and mercantile. This segment also offers coverages in the area of environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; commercial and personal umbrella liability insurance; commercial automobile liability and physical damage insurance products; other types of commercial automobile risks; and incidental insurance coverages, including general liability, excess liability, and motor truck cargo. In addition, it provides various management professional liability coverages, such as directors and officers liability insurance, employment practices liability, fiduciary liability, and fidelity coverages; professional liability coverages; medical professional liability insurance; and various other products, including home business insurance, which provides limited liability and property coverage for various small business owners. The company’s Property segment comprises primarily of commercial fire; earthquake; difference in conditions; marine; facultative and treaty reinsurance, including crop and property; and personal lines policies, such as recreational vehicle and Hawaii homeowners coverages. The company’s Surety segment specializes in writing small-to-large commercial and contract surety coverages, as well as surety coverages for the energy, petrochemical, and refining industries; and offers miscellaneous bonds, including license and permit, notary, and court bonds. RLI Corp. was founded in 1965 and is headquartered in Peoria, Illinois.

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Corporate Governance 
RLI Corp.’s ISS Governance QuickScore as of Sep 1, 2014 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 1; Compensation: 1.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Jonathan E. Michael , 61
Chairman, Chief Exec. Officer and Pres
Mr. Thomas L. Brown CPA, 57
Chief Financial Officer, Principal Accounting Officer, VP and Treasurer
Mr. Daniel O. Kennedy , 49
VP, Gen. Counsel and Corp. Sec.
Mr. Michael J. Stone , 65
Director, Member of Fin. & Investment Committee, Member of Strategy Committee and Pres of Rli Insurance Company
Mr. Craig William Kliethermes FCAS, MAAA, CPCU, 49
Exec. VP of Operations - Principal Insurance Subsidiaries
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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