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RLI - RLI STOCK NEWS

Welcome to our dedicated page for RLI news (Ticker: RLI), a resource for investors and traders seeking the latest updates and insights on RLI stock.

RLI Corp (RLI) is a specialty insurance leader providing niche property & casualty solutions for underserved markets. This news hub aggregates official press releases and verified updates about corporate developments, financial performance, and strategic initiatives.

Investors and industry professionals will find timely information on quarterly earnings, product innovations, and leadership changes, along with analysis of market trends impacting specialty insurance sectors. The curated collection includes updates on casualty underwriting, surety bond offerings, and capital management strategies.

Key content categories cover financial results announcements, acquisition activity, underwriting excellence milestones, and industry recognition. All materials are sourced directly from RLI's corporate communications to ensure accuracy and compliance with financial disclosure standards.

Bookmark this page for streamlined access to RLI's evolving story in specialty risk solutions. Regular updates provide insights into how the company maintains its position through expert underwriting and disciplined portfolio management.

Rhea-AI Summary
RLI Corp. promotes Kerrick Porter to Vice President of RLI Executive Products Group, succeeding Chad Berberich. Porter brings over 20 years of industry experience and holds key designations. The move aims to enhance professional liability coverages for the executive suite.
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RLI Corp. (NYSE: RLI) has declared a first quarter regular cash dividend of $0.27 per share, unchanged from the prior quarter. The dividend is payable on March 20, 2024, to shareholders of record as of February 29, 2024. RLI has increased dividends in each of the last 48 years. The company’s dividend yield would be 0.79% based on the $1.08 indicated annual dividend and yesterday’s closing stock price of $137.38.
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RLI Corp. reported strong fourth-quarter and year-end 2023 results with a net earnings increase of $114.6 million and a special dividend of $2.00 per share. The underwriting income for the year was $173.2 million, and the gross premiums written increased by 15%. Net investment income for the year was $120.4 million, and the book value per share increased by 31% from year-end 2022.
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AM Best affirms A+ (Superior) FSR and 'aa' (Superior) Long-Term ICR for RLI Group (RLI) and Long-Term ICR of 'a' (Excellent) for RLI Corp. [NYSE: RLI]. Stable outlook. Strong balance sheet, operating performance, and enterprise risk management. Headquartered in Peoria, IL.
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RLI Corp. (NYSE: RLI) announced that AM Best Company has affirmed its A+ (Superior) financial strength rating for its insurance subsidiaries, including RLI Insurance Company, Mt. Hawley Insurance Company, and Contractors Bonding and Insurance Company (CBIC). The Long-Term Issuer Credit Ratings (ICR) for each RLI company were also affirmed, with RLI Corp. receiving an ICR of 'a' (Excellent) and its subsidiaries receiving ICRs of 'aa' (Superior). AM Best highlighted RLI's balance sheet strength, strong operating performance, favorable business profile, and very strong enterprise risk management in its press release.
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RLI Corp. (RLI) has been honored with a Glassdoor Employees’ Choice Award, ranking 27th out of the top 100 large U.S. companies. RLI is the only insurance company to be recognized. President & CEO Craig Kliethermes expressed gratitude and emphasized the company's unique ownership culture and commitment to innovation.
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RLI Corp. (NYSE: RLI) will release its fourth quarter 2023 earnings after market close on Wednesday, January 24, 2024. The company will hold its quarterly conference call to discuss fourth quarter results on Thursday, January 25, 2024 at 10 a.m. CDT.
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RLI Corp. (NYSE: RLI) announced the retirement of Chairman of the Board, Jonathan E. Michael, at the conclusion of the 2024 Annual Meeting of Shareholders in May. David B. Duclos was elected to serve as Non-Executive Chairman upon Michael's retirement. Michael, who retired as the Company's CEO in 2021, has over 40 years of service with RLI. During his tenure, the company diversified its product portfolio and achieved 20 consecutive years of underwriting profit. Duclos, with 45 years of global reinsurance and insurance industry experience, will succeed Michael as Chairman.
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RLI Corp (NYSE: RLI) appoints Clark C. Kellogg, a seasoned basketball commentator and former Indiana Pacers player, to its Board of Directors. With 32 years of experience in the sports industry and a strong background in board governance, Kellogg's appointment is set to enhance RLI's talent development and expertise.
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RLI Corp. (NYSE: RLI) announced a special cash dividend of $2.00 per share and a regular quarterly cash dividend of $0.27 per share, totaling approximately $91 million, payable on December 20, 2023. President & CEO Craig Kliethermes highlighted the company's ability to return value to shareholders despite unprecedented catastrophe activity and debt retirement.
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RLI

NYSE:RLI

RLI Rankings

RLI Stock Data

7.13B
90.36M
4.39%
81.82%
1.61%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
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United States
PEORIA