Company: RLI Corp. (RLI)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: RLI Corp underwrites property and casualty insurance through itsÊsubsidiaries. The company offers insurance coverage in the specialty admitted market, where the products are designed for specialÊrisks. It also offers products in the excess and surplus markets, which provides an alternative for customers with risks or loss exposures that generally cannot be written in the standard admitted market. RLI distributes property and casualty insurance through its wholly-owned branch offices that market to wholesale and retail producers. The company’s insurance operation segments include Casualty, Property, and Surety and it derives a majority of its revenue from the Casualty segment. -Morningstar.com-
Symbol: RLI
Recent Price: $145.60
Dividends: $1.16
Yield: 0.80%
Sector: Financial Services
Industry: Insurance-Property & Casualty
Address & Company Phone #: 9025 N. Lindbergh Dr. Peoria IL 61615, 309-692-1000
Transfer Agent: Computershare 800-736-3001
Moody’s Rating: Baa2
Minimum & Maximum Investment: $10 – $250,000/year
Investment Dates: Every 30 days beginning 1/15
Shares to Qualify: 1 Share or $50
Fees: Div.: $0 Cash: $0 Cert: $0 Sells: by Mail or Fax for $25+12¢/sh.
52 Week High & Low: $149.65, $123.05