Daily Stock Analysis, RLI, RLI Corp, priceseries

RLI Corp. is a holding company, which engages in the provision of insurance and underwriting services. It operates through the following segments: Casualty, Property, and Surety. The Casualty segment offers healthcare and transportation insurance. The Property Segment consists of commercial fire, earthquake, difference in conditions, marine, facultative and treaty reinsurance, including crop, and select personal lines policies, including pet insurance and homeowners reinsurance services. The Surety segment specializes in writing contract surety coverage, licenses, and bonds for commercial, energy, and industrial sectors. The company was founded by Gerald D. Stephens in 1965 and is headquartered in Peoria, IL.

RLI Corp., through its subsidiaries, underwrites property and casualty insurance in the United States. Its Casualty segment provides commercial and personal umbrella coverage products; and general liability products, such as 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 onshore energy related businesses, as well as environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; and commercial automobile liability and physical damage insurance products, and other types of commercial automobile risks, as well as related insurance coverages, such as 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; management liability coverages, such as directors and officers liability insurance, fiduciary liability, and fidelity coverages; medical professional and healthcare liability insurance; and other products, including coverage for security guards and home business insurance. The company's Property segment comprises primarily of fire, earthquake, difference in conditions, marine, homeowners and recreational vehicle insurance, and property and crop reinsurance. Its Surety segment offers small bonds, such as license and permit, notary, and court bonds for businesses and individuals; commercial surety bonds for medium-to-large businesses; bonds for small-to-medium sized contractors; and commercial surety bonds for the energy, petrochemical, and refining industries. The company markets its products through independent agents to wholesale and retail brokers. RLI Corp. was founded in 1965 and is headquartered in Peoria, Illinois.