RLI Corp. (RLI)

144.15 -2.44 (-1.66%) At close: 04:00PM EDT

RLI Corp.

9025 North Lindbergh Drive
Peoria, IL 61615
United States
309 692 1000
https://www.rlicorp.com

Sector(s): Financial Services
Industry: Insurance - Property & Casualty
Full Time Employees: 1,099

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Craig William Kliethermes CPCU, FCAS	President, CEO & Director	4.56M	N/A	1965
Mr. Todd Wayne Bryant CPA, CPCU	Chief Financial Officer	2.25M	N/A	1969
Ms. Jennifer Leigh Klobnak	Chief Operating Officer	2.91M	N/A	1972
Mr. Aaron Paul Diefenthaler CFA	Chief Investment Officer & Treasurer	975.18k	743.04k	1974
Mr. Jeffrey Dean Fick	Chief Legal Officer & Corporate Secretary	812.35k	N/A	1961
Ms. Kathleen Ann Taylor	Vice President of Accounting & Branch Operations	N/A	N/A	N/A
Mr. Bryan Todd Fowler	Chief Information Officer	N/A	N/A	N/A
Ms. Lisa T. Gates	Vice President of Marketing & Communications	N/A	N/A	N/A
Ms. Kathleen Marie Kappes	Vice President of Human Resources	N/A	N/A	N/A
Mr. Robert S. Handzel	Chief Claim Officer	N/A	N/A	N/A

Amounts are as of December 31, 2023 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. Currency in USD.

Description

RLI Corp., an insurance holding company, underwrites property and casualty insurance. Its Casualty segment provides commercial and personal coverage products; and general liability products, such as coverage for third-party liability of commercial insureds, including manufacturers, contractors, apartments, and mercantile. It also offers coverages for security guards and environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; and professional liability coverages for errors and omission coverage for small to medium-sized design, technical, computer, and miscellaneous professionals. This segment provides commercial automobile liability and physical damage insurance to local, intermediate and long haul truckers, public transportation entities, and other types of specialty commercial automobile risks; incidental and related insurance coverages; inland marine coverages; management liability coverages, such as directors and officers liability insurance, fiduciary liability and coverages, employment practice liability, and for various classes of risks, including public and private businesses; and home business insurance products. The company's Property segment offers commercial property, cargo, hull, protection and indemnity, marine liability, inland marine, homeowners' and dwelling fire, and other property insurance products. Its Surety segment offers commercial surety bonds for medium to large-sized businesses; small bonds for businesses and individuals; and bonds for small to medium-sized contractors. The company also engages in various reinsurance coverages. It markets its products through branch offices, wholesale and retail brokers, carrier partners, and underwriting and independent agents. RLI Corp. was incorporated in 1965 and is headquartered in Peoria, Illinois.

Corporate Governance

RLI Corp.’s ISS Governance QualityScore as of April 1, 2024 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 1; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.