RLI Corp. has announced a $400,000 program to assist with relief efforts in the wake of Hurricane Katrina.
The program includes corporate contributions of $50,000 to the American Red Cross and $50,000 to The Salvation Army. In addition, the company has set aside $200,000 in funds that will match two dollars for every dollar donated by RLI associates and directors to eligible organizations benefiting Katrina victims. The matching gift fund is in effect for the first $100,000 donated by RLI associates and directors, is retroactive for contributions as early as August 26, 2005, and will be maintained until March 31, 2006.
RLI, a specialty insurance company based in Peoria, Ill., offers a portfolio of property and casualty coverages and surety bonds serving “niche” or underserved markets.
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