| RLI Description: RLI Corp., through its subsidiaries, underwrites property and casualty insurance primarily in the United States. Its Casualty segment provides commercial and personal umbrella coverage products; and general liability products consisting of coverage for third party liability of commercial insureds, including manufacturers, contractors, apartments, real estate investment trusts, and mercantile. This segment also offers coverages in the area of environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; commercial automobile liability and physical damage insurance products; other types of commercial automobile risks; and incidental insurance coverages, including general liability, excess liability, and motor truck cargo. In addition, this segment provides professional liability coverages, such as errors and omission, general liability, property, automobile, excess liability, and worker’s compensation; property and casualty insurance coverages to small contractors and other small-to-medium sized retail businesses; management liability coverages, such as directors and officers, liability insurance, fiduciary liability, and fidelity coverages; medical professional liability insurance; and other products, including coverage for security guards and home business insurance for small business owners. The company’s Property segment comprises primarily of commercial fire; earthquake; difference in conditions; marine; facultative and treaty reinsurance, including crop; and personal lines policies, such as recreational vehicle and Hawaii homeowners coverages. Its Surety segment specializes in writing small-to-large commercial and contract surety coverages, as well as surety coverages for energy, petrochemical, and refining industries; and offers miscellaneous bonds, including license and permit, notary, and court bonds. RLI Corp. was founded in 1965 and is headquartered in Peoria, Illinois. |
