RLI Corp., an insurance holding company, underwrites property and casualty insurance in the United States and internationally. Its Casualty segment provides commercial and personal coverage products; and general liability products, such as coverage for third-party liability of commercial insureds, including manufacturers, contractors, apartments, and mercantile. This segment also offers coverages for security guards and in the areas of onshore energy-related businesses and environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; and professional liability coverages focuses on providing errors and omission coverage to small to medium-sized design, technical, computer, and miscellaneous professionals. In addition, this segment provides commercial automobile liability and physical damage insurance to local, intermediate and long haul truckers, public transportation entities, and other types of specialty commercial automobile risks; incidental and related insurance coverages; inland marine coverages; management liability coverages, such as directors and officers liability insurance, fiduciary liability and fidelity coverages, and for various classes of risks, including public and private businesses; and healthcare liability and home business insurance products. The company's Property segment offers commercial property, cargo, hull, protection and indemnity, marine liability, inland marine, homeowners' and dwelling fire, and other property insurance products. Its Surety segment offers commercial surety bonds for medium-to-large businesses; small bonds for businesses and individuals; and bonds for small to medium-sized contractors. The company also underwrites various reinsurance coverages. It markets its products through branch offices, brokers, and underwriting and independent agents. RLI Corp. was founded in 1965 and is headquartered in Peoria, Illinois.
IPO Year:
Exchange: NYSE
Website: rlicorp.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
4/25/2025 | $76.00 | Buy → Neutral | Compass Point |
1/27/2025 | $95.00 → $61.00 | Buy → Underperform | Jefferies |
10/16/2024 | Perform | Oppenheimer | |
10/9/2024 | $182.00 | Outperform | Wolfe Research |
9/7/2023 | $155.00 | Buy | Jefferies |
6/7/2022 | Mkt Perform | Raymond James | |
2/22/2022 | $117.00 | Neutral → Buy | Compass Point |
10/22/2021 | $110.00 → $112.00 | Sector Perform | RBC Capital |
10/19/2021 | $109.00 → $120.00 | Mkt Perform → Outperform | Keefe Bruyette |
9/30/2021 | $115.00 → $110.00 | Sector Perform | RBC Capital |
RLI Corp. (NYSE:RLI) – RLI Corp. announced today that Jonathan E. Michael, Chairman of the Board, will retire from the Board of Directors at the conclusion of the 2024 Annual Meeting of Shareholders in May, consistent with the Company's established succession plan. Michael, who retired as the Company's Chief Executive Officer in 2021, has more than 40 years of service with RLI. During Michael's 20-year tenure as CEO, the company significantly diversified its product portfolio, while delivering consistent top line growth and achieving 20 consecutive years of underwriting profit. The Board elected David B. Duclos to serve as Non-Executive Chairman upon Michael's retirement from the Board
RLI Corp. (NYSE:RLI) – RLI Corp. announced today that the RLI Board of Directors has appointed Craig W. Kliethermes as President and Chief Executive Officer (CEO) and Jennifer L. Klobnak as Chief Operating Officer (COO), effective January 1, 2022. These leadership changes will coincide with the planned retirement of current company Chairman & CEO Jonathan E. Michael at the end of 2021. Kliethermes has served as President and COO since 2016. Previously, he served as Senior Vice President, Risk Services since 2013. Kliethermes joined RLI in 2006 and has 36 years of insurance industry experience. Prior to joining RLI, he served in various actuarial and leadership roles with Lockton Companies,
4 - RLI CORP (0000084246) (Issuer)
4 - RLI CORP (0000084246) (Issuer)
4 - RLI CORP (0000084246) (Issuer)
4 - RLI CORP (0000084246) (Issuer)
4 - RLI CORP (0000084246) (Issuer)
4 - RLI CORP (0000084246) (Issuer)
4 - RLI CORP (0000084246) (Issuer)
4 - RLI CORP (0000084246) (Issuer)
4 - RLI CORP (0000084246) (Issuer)
4 - RLI CORP (0000084246) (Issuer)
RLI Corp. (NYSE:RLI) – RLI Corp. reported first quarter 2025 net earnings of $63.2 million ($0.68 per share), compared to $127.9 million ($1.39 per share) for the first quarter of 2024. Operating earnings(1) for the first quarter of 2025 were $84.9 million ($0.92 per share), compared to $87.4 million ($0.95 per share) for the same period in 2024. On January 15, 2025, RLI executed a two-for-one stock split of common stock. All share and per share data in this release reflect the stock split. First Quarter Earnings Per Diluted Share 2025 2024 Net earnings $ 0.68 $ 1.39 Operating earn
RLI Corp. (NYSE:RLI) – RLI Corp. announced today that it will release its first quarter 2025 earnings after market close on Wednesday, April 23, 2025. The company will hold its quarterly conference call to discuss first quarter results on Thursday, April 24, 2025, at 10 a.m. CDT. This call is being webcast by Q4 and can be accessed at https://events.q4inc.com/attendee/513071564. ABOUT RLI RLI Corp. (NYSE:RLI) is a specialty insurer serving niche property, casualty and surety markets. The company provides deep underwriting expertise and superior service to commercial and personal lines customers nationwide. RLI's products are offered through its insurance subsidiaries RLI Insurance Company
RLI Corp. (NYSE:RLI) -- RLI Transportation, a division of RLI Insurance Company, has announced a partnership with TruckerCloud, a leading technology company specializing in onboard camera and telematics data integration. This partnership will provide RLI Transportation with a unified telematics insights solution, enabling the development of more proactive and personalized safety and risk management programs for RLI commercial transportation customers. "Managing risk and improving fleet safety is a high priority for our customers," said Jamie Wilson, RLI Transportation, Assistant Vice President of Loss Control. "Our partnership with TruckerCloud will deliver greater value for insureds thro
RLI Corp. (NYSE:RLI) announced today its Board of Directors has declared a first quarter regular cash dividend of $0.15 per share, a 3.4% increase over the prior quarter. The dividend is payable on March 20, 2025, to shareholders of record as of February 28, 2025. RLI has increased dividends in each of the last 50 years. The company's dividend yield would be 0.80% based on the $0.60 indicated annual dividend and yesterday's closing stock price of $74.63. "We are proud to announce our 50th consecutive year of increasing shareholder dividends," said RLI Corp. President & CEO Craig Kliethermes. "This milestone reflects our commitment to delivering long-term value to our shareholders and hi
RLI Corp. (NYSE:RLI) -- RLI Corp. announced today that its A+ (Superior) financial strength rating (FSR) has been affirmed by AM Best Company for the following insurance subsidiaries: RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. AM Best also revised the outlook to positive from stable and affirmed the Long-Term Issuer Credit Ratings (ICR) for each RLI company. The RLI Corp. ICR of "a" (Excellent) was affirmed and the ICRs of "aa" (Superior) have been affirmed for the following subsidiaries: RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. AM Best, a global credit rating agency, news p
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, AM Best has revised the outlook to positive from stable and affirmed the Long-Term ICR of "a" (Excellent) of RLI's publicly traded parent holding company, RLI Corp. (NYSE:RLI). All companies are headquartered in Peoria, IL. (See below for a detailed listing of the companies and ratings.) The Credit Ratings (ratings) reflect RLI's balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favorable bus
RLI Corp. (NYSE:RLI) – RLI Corp. announced today that it has been honored with a Glassdoor Employees' Choice Award, recognizing the Best Places to Work in 2025. RLI is ranked 9th out of the top 100 large U.S. companies that received the award. "We are honored to be named one of the Top 10 Best Places to Work by Glassdoor," said RLI Corp. President & CEO Craig Kliethermes. "For 60 years, we have cultivated a culture of ownership and innovation that empowers all team members to make meaningful contributions and see the impact of their work. This award recognizes our associate-owners and their shared commitment to creating a positive workplace." The Glassdoor Employees' Choice Award is bas
RLI Corp. (NYSE:RLI) – RLI Corp. reported fourth quarter 2024 net earnings of $40.9 million ($0.44 per share), compared to $114.6 million ($1.24 per share) for the fourth quarter of 2023. Operating earnings(1) for the fourth quarter of 2024 were $38.4 million ($0.41 per share), compared to $71.1 million ($0.77 per share) for the same period in 2023. On January 15, 2025, RLI executed a two-for-one stock split of common stock. All share and per share data in this release reflect the stock split. Fourth Quarter Year to Date Earnings Per Diluted Share 2024
RLI Corp. (NYSE:RLI) – RLI Corp. announced today that it will release its fourth quarter 2024 earnings after market close on Wednesday, January 22, 2025. The company will hold its quarterly conference call to discuss fourth quarter results on Thursday, January 23, 2025, at 10 a.m. CST. This call is being webcast by Q4 and can be accessed at https://events.q4inc.com/attendee/436980475. ABOUT RLI RLI Corp. (NYSE:RLI) is a specialty insurer serving niche property, casualty and surety markets. The company provides deep underwriting expertise and superior service to commercial and personal lines customers nationwide. RLI's products are offered through its insurance subsidiaries RLI Insuran
RLI Corp. (NYSE:RLI) – RLI Corp. announced today its Board of Directors has declared a special cash dividend of $4.00 per share of common stock, which is expected to total approximately $183 million, and a regular quarterly cash dividend of $0.29 per share. In addition, the board announced a two-for-one stock split. Both dividends are payable on December 20, 2024, to shareholders of record as of November 29, 2024. The two-for-one stock split is for shareholders of record as of December 31, 2024, and will be effective and shares will be distributed on January 15, 2025. Shares will begin trading post-split on January 16, 2025. Both the regular and special dividends will be paid on the pre-sp
RLI Corp. (NYSE:RLI) – RLI Corp. reported first quarter 2025 net earnings of $63.2 million ($0.68 per share), compared to $127.9 million ($1.39 per share) for the first quarter of 2024. Operating earnings(1) for the first quarter of 2025 were $84.9 million ($0.92 per share), compared to $87.4 million ($0.95 per share) for the same period in 2024. On January 15, 2025, RLI executed a two-for-one stock split of common stock. All share and per share data in this release reflect the stock split. First Quarter Earnings Per Diluted Share 2025 2024 Net earnings $ 0.68 $ 1.39 Operating earn
RLI Corp. (NYSE:RLI) – RLI Corp. announced today that it will release its first quarter 2025 earnings after market close on Wednesday, April 23, 2025. The company will hold its quarterly conference call to discuss first quarter results on Thursday, April 24, 2025, at 10 a.m. CDT. This call is being webcast by Q4 and can be accessed at https://events.q4inc.com/attendee/513071564. ABOUT RLI RLI Corp. (NYSE:RLI) is a specialty insurer serving niche property, casualty and surety markets. The company provides deep underwriting expertise and superior service to commercial and personal lines customers nationwide. RLI's products are offered through its insurance subsidiaries RLI Insurance Company
RLI Corp. (NYSE:RLI) -- RLI Transportation, a division of RLI Insurance Company, has announced a partnership with TruckerCloud, a leading technology company specializing in onboard camera and telematics data integration. This partnership will provide RLI Transportation with a unified telematics insights solution, enabling the development of more proactive and personalized safety and risk management programs for RLI commercial transportation customers. "Managing risk and improving fleet safety is a high priority for our customers," said Jamie Wilson, RLI Transportation, Assistant Vice President of Loss Control. "Our partnership with TruckerCloud will deliver greater value for insureds thro
RLI Corp. (NYSE:RLI) announced today its Board of Directors has declared a first quarter regular cash dividend of $0.15 per share, a 3.4% increase over the prior quarter. The dividend is payable on March 20, 2025, to shareholders of record as of February 28, 2025. RLI has increased dividends in each of the last 50 years. The company's dividend yield would be 0.80% based on the $0.60 indicated annual dividend and yesterday's closing stock price of $74.63. "We are proud to announce our 50th consecutive year of increasing shareholder dividends," said RLI Corp. President & CEO Craig Kliethermes. "This milestone reflects our commitment to delivering long-term value to our shareholders and hi
RLI Corp. (NYSE:RLI) -- RLI Corp. announced today that its A+ (Superior) financial strength rating (FSR) has been affirmed by AM Best Company for the following insurance subsidiaries: RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. AM Best also revised the outlook to positive from stable and affirmed the Long-Term Issuer Credit Ratings (ICR) for each RLI company. The RLI Corp. ICR of "a" (Excellent) was affirmed and the ICRs of "aa" (Superior) have been affirmed for the following subsidiaries: RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. AM Best, a global credit rating agency, news p
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, AM Best has revised the outlook to positive from stable and affirmed the Long-Term ICR of "a" (Excellent) of RLI's publicly traded parent holding company, RLI Corp. (NYSE:RLI). All companies are headquartered in Peoria, IL. (See below for a detailed listing of the companies and ratings.) The Credit Ratings (ratings) reflect RLI's balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favorable bus
RLI Corp. (NYSE:RLI) – RLI Corp. announced today that it has been honored with a Glassdoor Employees' Choice Award, recognizing the Best Places to Work in 2025. RLI is ranked 9th out of the top 100 large U.S. companies that received the award. "We are honored to be named one of the Top 10 Best Places to Work by Glassdoor," said RLI Corp. President & CEO Craig Kliethermes. "For 60 years, we have cultivated a culture of ownership and innovation that empowers all team members to make meaningful contributions and see the impact of their work. This award recognizes our associate-owners and their shared commitment to creating a positive workplace." The Glassdoor Employees' Choice Award is bas
RLI Corp. (NYSE:RLI) – RLI Corp. reported fourth quarter 2024 net earnings of $40.9 million ($0.44 per share), compared to $114.6 million ($1.24 per share) for the fourth quarter of 2023. Operating earnings(1) for the fourth quarter of 2024 were $38.4 million ($0.41 per share), compared to $71.1 million ($0.77 per share) for the same period in 2023. On January 15, 2025, RLI executed a two-for-one stock split of common stock. All share and per share data in this release reflect the stock split. Fourth Quarter Year to Date Earnings Per Diluted Share 2024
RLI Corp. (NYSE:RLI) – RLI Corp. announced today that it will release its fourth quarter 2024 earnings after market close on Wednesday, January 22, 2025. The company will hold its quarterly conference call to discuss fourth quarter results on Thursday, January 23, 2025, at 10 a.m. CST. This call is being webcast by Q4 and can be accessed at https://events.q4inc.com/attendee/436980475. ABOUT RLI RLI Corp. (NYSE:RLI) is a specialty insurer serving niche property, casualty and surety markets. The company provides deep underwriting expertise and superior service to commercial and personal lines customers nationwide. RLI's products are offered through its insurance subsidiaries RLI Insuran
RLI Corp. (NYSE:RLI) – RLI Corp. announced today its Board of Directors has declared a special cash dividend of $4.00 per share of common stock, which is expected to total approximately $183 million, and a regular quarterly cash dividend of $0.29 per share. In addition, the board announced a two-for-one stock split. Both dividends are payable on December 20, 2024, to shareholders of record as of November 29, 2024. The two-for-one stock split is for shareholders of record as of December 31, 2024, and will be effective and shares will be distributed on January 15, 2025. Shares will begin trading post-split on January 16, 2025. Both the regular and special dividends will be paid on the pre-sp
10-Q - RLI CORP (0000084246) (Filer)
8-K - RLI CORP (0000084246) (Filer)
DEFA14A - RLI CORP (0000084246) (Filer)
DEF 14A - RLI CORP (0000084246) (Filer)
10-K - RLI CORP (0000084246) (Filer)
8-K - RLI CORP (0000084246) (Filer)
8-K - RLI CORP (0000084246) (Filer)
8-K - RLI CORP (0000084246) (Filer)
8-K - RLI CORP (0000084246) (Filer)
8-K - RLI CORP (0000084246) (Filer)
Compass Point downgraded RLI Corp from Buy to Neutral and set a new price target of $76.00
Jefferies downgraded RLI Corp from Buy to Underperform and set a new price target of $61.00 from $95.00 previously
Oppenheimer initiated coverage of RLI Corp with a rating of Perform
Wolfe Research initiated coverage of RLI Corp with a rating of Outperform and set a new price target of $182.00
Jefferies initiated coverage of RLI Corp with a rating of Buy and set a new price target of $155.00
Raymond James initiated coverage of RLI Corp with a rating of Mkt Perform
Compass Point upgraded RLI from Neutral to Buy and set a new price target of $117.00
RBC Capital reiterated coverage of RLI with a rating of Sector Perform and set a new price target of $112.00 from $110.00 previously
Keefe Bruyette upgraded RLI Corp from Mkt Perform to Outperform and set a new price target of $120.00 from $109.00 previously
RBC Capital reiterated coverage of RLI with a rating of Sector Perform and set a new price target of $110.00 from $115.00 previously
4 - RLI CORP (0000084246) (Issuer)
4 - RLI CORP (0000084246) (Issuer)
4 - RLI CORP (0000084246) (Issuer)
4 - RLI CORP (0000084246) (Issuer)
4 - RLI CORP (0000084246) (Issuer)
SC 13G/A - RLI CORP (0000084246) (Subject)
SC 13G/A - RLI CORP (0000084246) (Subject)
SC 13G/A - RLI CORP (0000084246) (Subject)
SC 13G/A - RLI CORP (0000084246) (Subject)
SC 13G/A - RLI CORP (0000084246) (Subject)
SC 13G/A - RLI CORP (0000084246) (Subject)
SC 13G - RLI CORP (0000084246) (Subject)
SC 13G/A - RLI CORP (0000084246) (Subject)