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. (NYSE: RLI) is a specialty insurer focused on niche property, casualty and surety markets, and its news flow reflects both operating performance and strategic initiatives. Company press releases and SEC Form 8-K filings highlight quarterly and year-to-date financial results, including net earnings, operating earnings, underwriting income, combined ratios and investment income across the Casualty, Property and Surety segments.
Investors following RLI news can see regular updates on dividend declarations, including long-running increases in regular dividends and periodic special cash dividends approved by the Board of Directors. These announcements provide insight into RLI’s capital management approach and its long record of returning cash to shareholders.
RLI’s news also covers leadership changes and promotions, such as appointments in finance, information technology, personal lines underwriting and E&S excess liability. These items shed light on succession planning, organizational structure and the expertise guiding the company’s specialty insurance operations.
Operational updates frequently include segment-level underwriting results, reserve development, catastrophe loss experience and investment portfolio performance. The company issues earnings releases for each quarter and often holds analyst conference calls, with transcripts furnished on Form 8-K. These communications explain how underwriting discipline, loss control and investment returns influence book value per share and long-term profitability.
RLI also announces technology and risk management initiatives, such as the partnership between RLI Transportation and Netradyne to provide AI-enabled video telematics for commercial fleets. Such news illustrates how RLI integrates technology into underwriting and loss control to support safer operations for insureds.
For investors, analysts and insurance professionals, the RLI news feed offers a centralized view of earnings reports, dividend actions, leadership developments and strategic partnerships. Bookmarking this page provides an efficient way to monitor how RLI’s specialty insurance strategy, financial performance and capital decisions evolve over time.
RLI Corp. (NYSE: RLI) will announce its third quarter 2022 earnings on October 19, 2022, after market close. A conference call to discuss the results is scheduled for October 20, 2022, at 10 a.m. CDT, accessible via webcast. RLI specializes in niche insurance markets, offering services through subsidiaries rated A+ by AM Best. The company has a notable track record of paying increased dividends for 47 consecutive years and achieving underwriting profits for 26 consecutive years.
RLI Corp. (NYSE: RLI) has successfully completed the sale of its minority interest in Maui Jim, Inc. to Kering Eyewear for a total of $686.6 million in pre-tax proceeds. RLI held an equity interest in Maui Jim since 1996, and this transaction is seen as a reflection of the significant value created over the years. The purchase price is subject to customary post-closing adjustments. RLI is recognized for its performance in the niche insurance market, maintaining an A+ rating from AM Best and a track record of 47 years of increasing dividends.
RLI Corp. (NYSE: RLI) announced a partnership between RLI Surety and Notary Hub™ by Everything Legal. This collaboration enables RLI Surety agents to offer a Remote Online Notary (RON) platform to their notary customers, addressing the growing demand for online legal transactions. With states approving RON at an increasing rate, the partnership aims to fill the gap in the market for online notarial services. The Notary Hub platform is currently available in Alaska, Idaho, Texas, and Washington, with plans for nationwide expansion by the end of 2022.
RLI Corp. (NYSE: RLI) has declared a third quarter cash dividend of $0.26 per share, consistent with the prior quarter. The dividend will be payable on September 20, 2022, to shareholders of record by August 31, 2022. This marks the 48th consecutive year of dividend increases for RLI, with a current yield of 0.88% based on the indicated annual dividend of $1.04 and a closing stock price of $117.77. RLI is recognized for its expertise in specialty insurance and maintains an A+ rating from AM Best for all subsidiaries.
RLI Corp. reported a Q2 2022 net loss of $2.2 million (-$0.05 per share), down from net earnings of $81.8 million ($1.79 per share) in Q2 2021. Operating earnings increased to $67.4 million ($1.49 per share) from $49.9 million ($1.09 per share) YoY. Highlights include a 17% rise in gross premiums written and net investment income growing by 11%. However, book value per share fell 13% from the prior year. Additionally, RLI was named a top-performing company for the 32nd consecutive year by Ward benchmarking.
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RLI Corp. (NYSE: RLI) will release its second quarter 2022 earnings on July 20, 2022, after market close. A conference call to discuss these results is scheduled for July 21, 2022, at 10 a.m. CDT. Investors can access the webcast via the provided link. RLI is recognized for its specialty insurance services and has maintained a strong track record, paying increased regular dividends for 46 consecutive years and achieving underwriting profits for 26 consecutive years.
RLI Corp. (NYSE: RLI) has announced the promotion of Donald Johnson to Vice President of the Professional Services Group, overseeing Casualty, Captives, and Specialty Package products. He brings 34 years of industry experience. Additionally, Bret Stone joins as Vice President of Data & Analytics, focusing on leveraging data to enhance underwriting and claims operations. Both appointments aim to drive growth and innovation within RLI. The company, a specialty insurer, boasts a strong financial track record, with 47 years of dividend increases and consistent underwriting profits.
RLI Corp. (NYSE: RLI) has announced a cash dividend of $0.26 per share for Q2 2022, representing a $0.01 increase from the previous quarter. This dividend will be payable on June 21, 2022, to shareholders who are on record by May 31, 2022. RLI has consistently increased dividends for 47 consecutive years, with an annual dividend yield of 0.89% based on a $1.04 annual dividend and a closing stock price of $117.35.
RLI Corp. reported first quarter 2022 net earnings of $47.9 million ($1.05 per share), down from $73.0 million ($1.60 per share) in 2021. Operating earnings increased to $65.5 million ($1.43 per share), driven by a 22% increase in gross premiums written and strong underwriting income of $59.5 million with a combined ratio of 77.9. However, a 5% decline in book value to $25.45 per share was noted due to negative portfolio returns. The company announced plans to sell its minority interest in Maui Jim, aiming for approximately $500 million in net proceeds.