RLI Corp.
9025 North Lindbergh Drive
Peoria,
IL 61615-1499
Phone: 309-692-1000
Fax: 309-692-1068
Web Site: http://www.rlicorp.com
| REUTERS ABRIDGED BUSINESS SUMMARY | |
| RLI Corp., through its subsidiaries, underwrites property and casualty insurance primarily in the United States. It operates in three segments: Casualty, Property, and Surety. The Casualty segment comprises general liability that consists primarily of coverage for third party liability of commercial insurers, including manufacturers, contractors, apartments, and mercantile; commercial and personal umbrella coverage; and commercial transportation that include automobile liability and physical damage insurance to local, intermediate and long haul truckers, public transportation risks, and equipment dealers, as well as incidental, related insurance coverages. It also offers executive products comprising various professional liability coverages for publicly traded companies, private companies, nonprofit organizations, and sole-sponsored and multi-employer fiduciary liability accounts, as well as fiduciary liability coverage, and primary and excess D&O coverage; and specialty program coverages, such as commercial property, general liability, inland marine, and crime, as well as deductible buy-back, at-home business, and employerÂ’s excess indemnity products. The Property segment offers property coverage that consists primarily of excess and surplus lines and specialty insurance, such as fire; earthquake and difference in conditions. It also provides insurance for commercial and industrial risks, such as office buildings, apartments, condominiums, and certain industrial and mercantile structures, as well as writes boiler and machinery coverage; marine coverage, including hull, cargo, and protection and indemnity; homeowners and dwelling fire insurance; and property facultative reinsurance for insurance companies. The Surety segment specializes in writing small-to-large commercial and small contract surety coverages, as well as for the energy, petrochemical, and refining industries. RLI Corp. was founded in 1965 and is headquartered in Peoria, Illinois. |
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| Key Statistics | More from Reuters
Expanded Business Description |
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| REUTERS ABRIDGED FINANCIAL SUMMARY | |
| | Pay | Exercised | Mr. Jonathan Michael ,
Chief Exec. Officer, Pres, Director, Chairman of Fin. & Investment Committee and Member of Strategy Committee |
$
1.83M |
$
3.29M | Mr. Joseph E. Dondanville CPA, 53
Chief Financial Officer, Principal Accounting Officer and Sr. VP |
$
803.00K |
$
2.39M | Mr. Michael J. Stone , 61
Pres of RLI & Mt. Hawley Insurance Companies and Chief Operating Officer of RLI & Mt. Hawley Insurance Companies |
$
1.15M |
$
3.38M | Mr. Daniel O. Kennedy , 45
VP, Gen. Counsel and Corp. Sec. |
$
389.00K |
$
0 | Mr. Craig William Kliethermes FCAS, MAAA, CPCU, 44
Sr. VP of Risk Services |
$
381.00K |
$
0 |
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Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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