RLI - RLI Corp.

NYSE - NYSE Delayed Price. Currency in USD

RLI Corp.

9025 North Lindbergh Drive
Peoria, IL 61615
United States
309-692-1000
http://www.rlicorp.com

SectorFinancial Services
IndustryInsurance - Property & Casualty
Full Time Employees876

Key Executives

NameTitlePayExercisedYear Born
Mr. Jonathan Edward MichaelChairman, Pres & CEO3.52M11.36M1953
Mr. Craig William Kliethermes FCAS, MAAA, CPCUPres & COO of RLI Insurance Company1.71M1.5M1965
Mr. Thomas Lynn Brown CPASr. VP & CFO1.34M1.21M1957
Mr. Jeffrey Dean FickSr. VP & Chief Legal Officer497.05k610.51k1961
Ms. Jennifer Leigh KlobnakSr. VP of Operations - RLI Insurance Company516.84k580.48k1972
Amounts are as of December 31, 2016 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.

Description

RLI Corp., an insurance holding company, underwrites property and casualty insurance in the United States and internationally. Its Casualty segment provides commercial and personal coverage products; and general liability products, such as coverage for third-party liability of commercial insureds, including manufacturers, contractors, apartments, real estate investment trusts, and mercantile. This segment also offers coverages for security guards and in the areas of onshore energy-related businesses and environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; and professional liability coverages focuses on providing errors and omission coverage to small to medium-sized design, technical, computer, and miscellaneous professionals. In addition, this segment provides commercial automobile liability and physical damage insurance to local, intermediate and long haul truckers, public transportation entities, and equipment dealers; incidental, related insurance coverages; inland marine coverages; management liability coverages, such as directors and officers liability insurance, fiduciary liability and fidelity coverages, and for low to moderate classes of risks, including public and private businesses; healthcare liability coverages; and home business insurance products. The company's Property segment offers commercial property, marine, homeowners', and other property insurance products. Its Surety segment offers small bonds for businesses and individuals; bonds for small to medium-sized contractors; commercial surety bonds for medium-to-large businesses; and commercial surety bonds for the energy, petrochemical, and refining industries. The company also underwrites various reinsurance coverages. The company markets its products through branch offices and independent agents. RLI Corp. was founded in 1965 and is headquartered in Peoria, Illinois.

Corporate Governance

RLI Corp.’s ISS Governance QualityScore as of April 1, 2018 is 1. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 1; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.