RLI Corp. announced that it has created a new Property Treaty Group within its RLI Re Division to expand its capabilities in the reinsurance marketplace. The new group will offer customized assumed property reinsurance solutions to a select group of regional and super regional insurance companies.
“We are pleased to expand the capabilities of our successful [...]

RLI Corp. announced today that it will acquire Contractors Bonding Insurance Company (CBIC) through an acquisition of its holding company, Data and Staff Service Co. (DSS) for approximately $137 million in cash. The acquisition is subject to regulatory approval and expected to close in the first quarter of 2011.
CBIC is a privately held, Seattle-based insurance [...]

Insurance industry veteran Kaj Ahlmann has joined the RLI board of directors.
Ahlmann is a retired chairman, president and CEO of Employers Reinsurance Corporation, a division of GE, and currently operates his own consulting business, Six Sigma Ranch, LLC, offering advice to financial services firms, including insurance companies . He also serves as a director for [...]

RLI Corp. a specialty property & casualty company, will hold its quarterly conference call to discuss fourth quarter results on Tuesday, January 27, 2009, at 11:00 am Eastern Time.
This call is being webcast by Thomson/CCBN and can be accessed at RLI’s Web site at www.rlicorp.com.
The webcast is also being distributed through the Thomson StreetEvents [...]

RLI Corp. RLI announced the launch of an architects and engineers (A&E) professional liability division – named RLI Design Professionals – and has hired Louis Leonard “Lenny” Waldhauser IV to lead the new operation as vice president. Waldhauser will be responsible for management and staffing of the new business unit for RLI on a national [...]