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RLI Corp., through its subsidiaries, provides casualty insurance coverages, including general liability and multiperil packages for contractors; property insurance for small to medium sized businesses, such as apartment buildings, shopping centers, and industrial buildings; homeowners; governmental entities; and forest products industry of the United States. The company also offers property coverages to the commercial market in Ireland. In addition, it underwrites excess and surplus lines insurance covering small to medium-sized risks relating to various lines.
Further, RLI offers personal umbrella liability insurance policies on a non-admitted basis to qualified individuals; specialty accident products exclusively through independent agents; title excess liability coverage products through independent agents that specialize in insuring individual homes and apartment complexes on behalf of financial institutions; surety bonds comprising contractor license bonds, performance bonds, commercial surety bonds, customs bonds, miscellaneous surety bonds; and contract bonds used by state highway departments in awarding construction contracts. Additionally, the company writes select builders risk business through retail brokers. It primarily markets its products through independent insurance agencies. The company was founded in 1965 and is headquartered in Peoria, Illinois.
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Ticker symbol
RLI
Country
🇺🇸 United States