RLI Retains A+ (Superior) A.M. Best Rating
RLI Retains A+ (Superior) A.M. Best Rating
PEORIA, Ill.--(BUSINESS WIRE)-- RLI Corp. (NYS: RLI) - RLI Corp. announced today that its A+ (Superior) financial strength rating (FSR) has been affirmed by A.M. Best for the following insurance subsidiaries - RLI Insurance Company, Mt. Hawley Insurance Company, RLI Indemnity Company and Contractors Bonding and Insurance Company (CBIC).
A.M. Best also affirmed the issuer credit rating (ICR) for each RLI company. The RLI Corp. ICR of "a" was affirmed and the ICRs of "aa" have been affirmed for the following subsidiaries - RLI Insurance Company, Mt. Hawley Insurance Company and RLI Indemnity Company. CBIC's ICR of "aa-" was also affirmed.
A.M. Best Company, a leading rating agency for the insurance industry, cited that RLI's ratings reflect its sustained long-term operating profitability, superior capitalization and excellent business profile as one of the leading specialty property/casualty insurers in the United States.
RLI, a specialty insurance company, offers a diversified portfolio of property and casualty coverages and surety bonds serving niche or underserved markets. RLI operates in all 50 states from office locations across the country. RLI's insurance subsidiaries - RLI Insurance Company, Mt. Hawley Insurance Company, RLI Indemnity Company and Contractors Bonding and Insurance Company - are rated A+ "Superior" by A.M. Best Company.
For additional information, contact Aaron Jacoby, Vice President, Corporate Development at 309-693-5880 or at aaron.jacoby@rlicorp.com or visit our website at www.rlicorp.com.
RLI Corp.
Aaron Jacoby, (309) 693-5880
Aaron.Jacoby@rlicorp.com
www.rlicorp.com
KEYWORDS: United States North America Illinois
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