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RLI Corp.RLI
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RLI Corp., an insurance holding company, underwrites property and casualty insurance in the United States and internationally.

Its Casualty segment provides commercial and personal coverage products; and general liability products, such as coverage for third-party liability of commercial insureds, including manufacturers, contractors, apartments, and mercantile.

It also offers coverages for security guards and in the areas of onshore energy-related businesses and environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; and professional liability coverages focuses on providing errors and omission coverage to small to medium-sized design, technical, computer, and miscellaneous professionals.

This segment provides commercial automobile liability and physical damage insurance to local, intermediate and long haul truckers, public transportation entities, and other types of specialty commercial automobile risks; incidental and related insurance coverages; inland marine coverages; management liability coverages, such as directors and officers liability insurance, fiduciary liability and coverages, employment practice liability, and for various classes of risks, including public and private businesses; and healthcare liability and home business insurance products.

The company's Property segment offers commercial property, cargo, hull, protection and indemnity, marine liability, inland marine, homeowners' and dwelling fire, and other property insurance products.

Its Surety segment offers commercial surety bonds for medium to large-sized businesses; small bonds for businesses and individuals; and bonds for small to medium-sized contractors.

The company also underwrites various reinsurance coverages. It markets its products through branch offices, brokers, carrier partners, and underwriting and independent agents.

RLI Corp. was founded in 1965 and is headquartered in Peoria, Illinois.

Latest News >
Research Alert: CFRA Keeps Hold Opinion On Shares Of Realty Income Corporation
Research Alert: CFRA Keeps Hold Opinion On Shares Of Realty Income Corporation
May 7, 2024
02:40 PM EDT, 05/07/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We keep our target price at $56 on a forward P/FFO of 13.3x our 2024 FFO estimate, a discount to O's 10-year average multiple (18.0x) as higher interest rates put...
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US electric utility Sempra's profit falls 17% in first quarter
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May 7 (Reuters) - Sempra Energy posted a 17% drop in first-quarter profit on Tuesday as it logged sharply lower revenue from its natural gas operations, although increases in its Texas power business helped cushion the fall. Sempra ( SRE ), which supplies electricity and natural gas to nearly 40 million customers in parts of California, Texas and Mexico, said...
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Alzamend Neuro Halts Equity Offering Program, Prioritizing Shareholder Value Amid Strategic Shift, Shares Slide
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Alzamend Neuro, Inc. ( ALZN ) made waves Tuesday when the company announced its decision to terminate its “at-the-market” equity offering program. Shares were down nearly 12% at last check. What To Know: The move, aimed at minimizing uncertainty and preserving shareholder value, saw Alzamend cease further sales of common stock under its at-the-market equity offering, effectively concluding its obligations...
Research Alert: CFRA Keeps Hold Opinion On Shares Of Tempur Sealy International, Inc.
Research Alert: CFRA Keeps Hold Opinion On Shares Of Tempur Sealy International, Inc.
May 7, 2024
02:35 PM EDT, 05/07/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We lift our 12-month target $6 to $56, 19.4x our 2024 EPS of $2.88 (cut from $2.92; 2025 up to $3.23 from $2.99) vs. the 17x long-term average forward P/E....
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