RLI Corp. News

Specialty P/C Insurers Outperform Their U.S. Peers: Report

U.S. property/casualty insurers that focused on difficult to place risks distanced themselves from their peers in key metrics measuring earnings, underwriting profitability, balance sheet growth and other indicators of success, according to S&P Global Market Intelligence. Kinsale Insurance Co., the …

What to Expect: WTW Spring Commercial Insurance Forecasts Mixed

In striking contrast to last year’s double-digit rate hikes for public directors and officers liability insurance and 100-200% jumps for cyber coverage, some buyers renewing those coverages this spring won’t see their insurance bills increase at all. And many will …

Illinois Specialty Insurer, RLI, Makes Leadership Promotions, Changes

Peoria, Illinois-based specialty insurer serving niche property, casualty and surety markets, RLI Corp., has promoted or named several leaders to new roles. Kevin Horwitz, vice president, Claim, has assumed the role of vice president, Innovation Management and Policy Development, a …

RLI Corp. CEO Michael to Retire in 2021; Kliethermes Will Replace Him

Property/casualty specialty insurer RLI Corp. said current CEO Jonathan Michael is retiring at the end of 2021, and RLI Insurance President and Chief Operating Officer Craig Kliethermes will succeed him. Michael’s official retirement day is Dec. 31, 2021, which will …

Kliethermes to Take Over as CEO of Illinois’ RLI When Michael Retires

Peoria, Ill.-based RLI Corp. says Craig W. Kliethermes, current RLI Insurance Co. president and chief operating officer, will succeed Jonathan E. Michael as RLI’s chief executive officer, upon Michael’s retirement at the end of 2021. Michael has announced that he …

RLI Promotes Ahrens to VP, Inland Marine; Hartje to VP, Excess Liability

Specialty insurer RLI Corp., based in Peoria, Ill., has promoted Blake A. Ahrens to vice president, Inland Marine, and Bob W. Hartje to vice president, Excess Liability. Ahrens previously served as assistant vice president, Inland Marine. In his new role, …

RLI Announces Bryant to Replace Retiring CFO Brown, Other Changes

Specialty insurer RLI Corp. announced that its chief financial officer is retiring and it has made other executive changes. CFO Thomas Brown, who is also a senior vice president, will retire on July 1, 2019 after eight years with RLI. …

RLI Promotes Kirk, Schick Within Surety Group

Peoria, Illinois-based RLI Corp. has promoted Bob Kirk and Brian Schick within its Surety group. Kirk, assistant vice president, Commercial Surety, has been promoted to vice president, Commercial Surety. Kirk succeeds Martha Weissbaum, who recently retired from RLI after 18 …

RLI Promotes Mesco, Campen, Irish in Claim Department

Illinois-based specialty insurance company, RLI Corp. has promoted three leaders within its Claim department. Nic Mesco, assistant vice president, Claims, has been promoted to vice president, Claims, with executive leadership responsibility for RLI’s Casualty product claims. Mesco joined RLI in …

RLI Appoints Davis VP, Corporate Services; Ferrell VP, Internal Audit

Specialty insurer RLI Corp., based in Peoria, Illinois, named Seth A. Davis vice president, Corporate Services, and promoted Patrick D. Ferrell to vice president, Internal Audit. Davis will lead the company’s assessment of internal controls over financial reporting, Sarbanes-Oxley compliance …