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RLI Corp. - RLI STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect RLI's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of RLI's position in the market.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
management
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News
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
dividends
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Rhea-AI Summary
RLI Corp. has promoted Phil Brodeur to Vice President, Risk Services. Brodeur will have executive leadership and oversight responsibility for RLI's pricing, reserving, risk management, reinsurance, and due diligence functions. He replaces Chris Randall, who will retire in February 2024 after 22 years of service. Brodeur joined RLI in 2007 as an intern and has more than 16 years of industry experience. He holds various professional designations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.64%
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none
News
Rhea-AI Summary
RLI Corp. reports third quarter 2023 net earnings of $13.5 million, compared to $439.9 million in 2022. Operating earnings for Q3 2023 were $28.3 million, a 23% increase from Q3 2022. Underwriting income of $4.2 million on a combined ratio of 98.7. 11% increase in gross premiums written. 50% increase in net investment income. Book value per share of $28.47, a 13% increase from year-end 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.91%
Tags
-
Rhea-AI Summary
RLI Corp. to release Q3 2023 earnings on October 23, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
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Rhea-AI Summary
RLI implements Guidewire ClaimCenter on Guidewire Cloud to enhance claim experience for agents and policyholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.21%
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none
Rhea-AI Summary
RLI Corp. estimates pretax net catastrophe losses from Hawaiian wildfires to be between $65 million and $75 million, impacting Q3 2023 earnings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.24%
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none
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News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.66%
Tags
dividends
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News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.78%
Tags
Rhea-AI Summary
RLI Corp. has been named to Ward's 50® top-performing insurance companies list for the 33rd consecutive year. They are the only company to achieve this since the list's inception in 1991. RLI Corp. President & CEO, Craig Kliethermes, expressed gratitude to their customers, partners, and associates for their commitment to superior coverage and service.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
Tags
none
RLI Corp.

NYSE:RLI

RLI Rankings

RLI Stock Data

6.27B
39.53M
4.31%
81.17%
1.35%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
US
Peoria

About RLI

rli is a specialty insurance company that offers a diversified portfolio of property and casualty coverages and surety bonds serving niche or underserved markets. we combine profitable underwriting, solid investment returns and effective capital management to deliver consistent, long-term growth in shareholder value. rli has more than 850 employees in 50 locations across the united states. at rli, our talent distinguishes us and that makes us different. we hire smart people, including the best underwriters in the business, and then give them the resources and freedom to drive profitable growth. our niche, market-driven products exceed customer expectations; satisfying demands where other insurance companies do not compete. our vision for the future is to remain focused on building and managing a portfolio of innovative products and solutions that meet and surpass the expectations of shareholders. for more information, please visit www.rlicorp.com.