Latest RLI Headlines
All the headlines from our RLI Topic Page, ordered by recency.
Arrowhead General Insurance Agency Notes Professional Liability Division’s contract with RLI Insurance Co.
Oct 21 2005 // San Diego, CA – Arrowhead General Insurance Agency, Inc.’s Professional Liability Division today announced it has entered into an agreement with RLI Insurance Company to offer Private Company Directors,...
RLI Hires Fick to Lead H.R.
Oct 19 2005 // Illinois-based RLI Corp. has hired Jeffrey Fick to serve as vice president of human resources. Fick will oversee RLI human resources and administrative activities. Fick comes to RLI with 19 years’ experience as an...
RLI Posts Solid Q3 Results
Oct 18 2005 // Specialty insurer RLI Corp. reported third quarter net earnings of $25.3 million ($0.96 per diluted share), compared to $8.3 million ($0.32 per diluted share) reported in the same quarter last year. Through September 30,...
RLI Estimates Katrina Losses
Sep 22 2005 // RLI Corp. announced an estimated range of pretax losses from Hurricane Katrina of $15 million to $19 million, net of reinsurance ($0.37 to $0.47 per diluted share, after tax). This is based on projections by the...
RLI Gets Moody Upgrade
Aug 4 2005 // Moody’s Investors Service upgraded the senior debt rating of RLI Corp. to Baa2 from Baa3 and the financial strength ratings of its insurance subsidiaries — RLI Insurance Company, Mt. Hawley Insurance Company...
RLI Corp. Gets Moody’s Upgrade
Aug 2 2005 // Peoria, Ill.-based surplus lines insurer RLI Corp. today received an upgrade of its senior debt rating to Baa2 from Baa3, and an insurance financial strength ratings of its insurance subsidiaries to A2 from A3 from...
RLI Sets Q2 Record
Jul 19 2005 // Illinois-based RLI Corp. second quarter net earnings of $34.4 million ($1.31 per diluted share) were 87% higher than the $18.4 million ($0.71 per diluted share) the company reported in the same quarter last year. Through...
Citizens Activates Hotline, Dispatches Response Unit; Only a Few FAIA Agents Report Damage
Jul 11 2005 // Citizens Property Insurance Corp. reports it has set up its “storm claims hotline,” and has dispatched a claims response unit to Milton, Fla.; while the Florida Independent Insurance Agents reports most of its...
RLI Posts Earnings Record
Apr 14 2005 // Illinois-based RLI Corp. announced first quarter net earnings of $29.3 million ($1.12 per diluted share), which were 73% better than the $16.9 million ($0.65 per diluted share) reported in the same quarter last...
RLI Opens Commercial Auto Unit
Dec 22 2004 // RLI Transportation, a division of RLI Insurance Company, has launched a commercial auto insurance unit. According to RLI Transportation President David Dunn, the new unit will write mono-line commercial auto business with...
RLI Subpoenaed on Compensation by Ill. DOI
Nov 16 2004 // Peoria, Ill.-based specialty insurer RLI Corp. said it has received a subpoena from the Illinois Division of Insurance in connection with industry-wide investigations into producer compensation agreements. Company...
RLI Sees $3 Million in Ivan Losses
Sep 27 2004 // Peoria, Ill.-based surplus line insurer RLI Corp. has reported a preliminary range of after-tax losses from Hurricane Ivan of $3 million to $3.5 million. This estimate is based on actual claim activity to date and...
Frances Could Cost RLI $2.5 Million
Sep 14 2004 // Peoria, Ill.-based specialty insurer RLI Corp. has issued a preliminary range of losses from Hurricane Frances of $2 million to $2.5 million on an after-tax basis. This estimate is based on actual claim activity to date in...
RLI, CFC, Midland Issue Charley Loss Estimates
Aug 26 2004 // Two Cincinnati insurers and Peoria, Ill.-based RLI issued preliminary loss estimates relating to Hurricane Charley, which swept across portions of the Southeastern United States nearly two weeks ago. Cincinnati Financial...
RLI Hires, Promotes Officers
Aug 26 2004 // Peoria, Ill.-based insurer RLI announced that it has hired John E. Robison as its new treasurer and has named current treasurer Aaron H. Jacoby as vice president of corporate development. RLI Senior Vice President and...
Record Q2 for RLI
Jul 14 2004 // Peoria, Ill.-based specialty lines carrier RLI Corp. announced record second-quarter profits, driven growing underwriting profits and investment income. The company reported quarterly net earnings of $18.4 million (71 per...
Best Upgrades RLI to ‘A+’; Outlook Stable
May 28 2004 // A.M. Best Co. announced that it has upgraded the financial strength rating of Peoria, Ill.-based property/casualty insurer RLI Group to “A+” (superior) from “A” (excellent) of RLI Group...
Fitch Assigns RLI Corp.
Feb 9 2004 // Fitch Ratings assigned a “BBB” long-term rating to RLI Corp. (RLI) and a “BBB” rating to RLI’s 5.95 percent senior unsecured notes due in 2014. In addition, Fitch assigned “A”...
RLI’s Q4 Up 15% Over Year Ago
Jan 27 2004 // Peoria, Ill.-based insurer RLI Corp. reported fourth-quarter net earnings of 62 cents per diluted share (or $16.1 million), a 15 percent per-share improvement over the 54 cents per diluted share (or $11.2 million) reported...
RLI Subs Get ‘A’ Rating
Jan 12 2004 // Fitch Ratings has assigned a ‘BBB’ long-term rating to RLI Corp. and a ‘BBB’ rating to RLI’s 5.95 percent senior unsecured notes due 2014. In addition, Fitch has assigned ‘A’...
