AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of the members of RLI Group (RLI). In addition, …
RLI has formed a partnership with Gridiron Insurance Underwriters to offer RLI’s excess liability binding authority insurance through Easy Excess, Gridiron’s dedicated online wholesale excess liability portal. The Easy Excess platform allows appointed producers to quote, bind and issue excess …
RLI Insurance Co. has launched a new high performance driver’s education event insurance product, RLI Track Day. RLI Track Day provides personal vehicle insurance coverage to drivers who participate in on-track high performance driver’s education (HPDE) events. In addition to …
RLI Insurance Company and its Executive Products Group have created a new business unit to offer cyber liability insurance. The Cyber Liability Insurance unit will offer protection for exposures arising from adverse cyber events including but not limited to data …
RLI Insurance Co.’s RLI Executive Products Group has enhanced its Executive Plus Side A Difference in Conditions (DIC) Directors & Officers Liability policy. The Executive Plus policy protects the personal assets of directors and officers when the corporation cannot or …
RLI Insurance Co.’s Executive Products Group has created a new Representations and Warranties Liability Insurance policy. RLI’s new Representations and Warranties Liability policy offers protection to buyers and sellers involved in corporate mergers and acquisitions from financial losses due to …
RLI Insurance Co. has launched a new, online jewelry insurance product that will be led by Michael Maley, assistant vice president. RLI will provide customized coverage of fine jewelry, diamond and engagement rings and watches against damage, theft and loss …
Michael Stone, long-time president and chief operating officer of RLI Corp., is retiring at the end of 2015, ending 20-years of service at the Illinois-based specialty insurer. RLI said that Stone will continue to serve on the RLI board after …
Peoria, Ill.-based RLI Corp. has launched a new healthcare liability division, RLI Healthcare, and added Scott Ducey to lead the operation as vice president. RLI will provide liability insurance coverage for targeted risks that include, but are not limited to, …
Specialty insurer RLI Corp., based in Peoria, Ill., announced a number of promotions within its operations and underwriting team. Craig Kliethermes, senior vice president, risk services, has been promoted to executive vice president, operations. In this expanded role, Kliethermes will …
