RLI Corp. announced it has acquired Rockbridge Underwriting Agency, a Houston-based managing general agency specializing in medical malpractice insurance.
Led by founder and Chairman James R. Brooks, Rockbridge Underwriting Agency specializes in surplus lines medical malpractice insurance for individual physicians and physician groups with unique needs. Rockbridge offers coverage in all 50 states through a network of retail and wholesale brokers.
RLI estimates that Rockbridge will add approximately $20 million of premium per year to its business.
RLI, a specialty insurance company, offers a diversified portfolio of property and casualty coverages and surety bonds serving niche or underserved markets. RLI operates in all 50 states from office locations across the country.
Source: RLI Corp.