| Business Summary | | RLI
Corp.
is
a
holding
company
that,
through
its
subsidiaries,
underwrites
selected
property
and
casualty
insurance.
RLI
is
the
holding
company
for
RLI
Insurance
Group,
which
is
principally
composed
of
four
insurance
companies.
RLI
Insurance
Company,
the
principal
subsidiary,
writes
multiple
lines
insurance.
Mt.
Hawley
Insurance
Company
writes
surplus
lines
insurance.
Underwriters
Indemnity
Company
writes
multiple
lines
insurance
on
an
admitted
basis
in
33
states
and
the
District
of
Colombia
and
surplus
lines
insurance
in
Ohio.
Planet
Indemnity
Company
writes
multiple
lines
insurance
on
an
admitted
basis
in
23
states
and
the
District
of
Columbia.
PIC
writes
surplus
lines
insurance
in
an
additional
five
states.
Other
companies
in
the
RLI
Insurance
Group
include
Replacement
Lens
Inc.,
RLI
Insurance
Agency,
Ltd.,
RLI
Insurance
Ltd.,
Underwriters
Indemnity
General
Agency,
Inc.
and
Safe
Fleet
Insurance
Services,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | RLI
Corporation
is
a
holding
company,
whose
subsidiaries
underwrite
selected
property
and
casualty
insurance
products.
For
the
six
months
ended
6/30/01,
revenues
increased
18%
to
$147
million.
Net
income
before
acct.
change
rose
8%
to
$14.5
million.
Revenues
reflect
improved
pricing
and
the
positive
impacts
of
various
growth
initiatives.
Earnings
were
partially
offset
by
increased
losses
and
settlement
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Gerald Stephens, 68 Chairman | $907K | Jonathan Michael, 47 Pres,
CEO, Director | 605K | Joseph Dondanville, 44 CFO,
VP | 307K | Camille Hensey, 59 VP,
Sec. | -- | Mary Nebel, 44 VP,
Gen. Counsel | 204K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|