Clark C. Kellogg
On November 8, 2023, the RLI Corp. (“RLI”) Board of Directors (“Board”) appointed Clark C. Kellogg as member of the Board, effective January 1, 2024.
Highest-materiality recent filing
RLI Corp Q2 net earnings $1.82/share vs $1.34 YoY; special dividend $2.00, buyback authorized $250M
Net earnings $168.0M ($1.82/diluted share) vs $124.3M ($1.34) in Q2 2025; operating earnings $0.83/share.
RLI declares $2 special dividend, 12.5% regular dividend increase, $250M buyback
Special cash dividend of $2.00 per share (~$184M total); regular quarterly dividend raised 12.5% to $0.18 per share.
RLI Corp Q1 net earnings down 13% YoY; AM Best upgrades rating to A++
Net earnings of $54.9M ($0.60 per share) vs $63.2M ($0.68) in Q1 2025; operating earnings of $76.8M ($0.83) vs $82.5M ($0.89).
RLI Corp. issues $300M of 5.375% Senior Notes due 2036; upsizes credit facility to $150M
Completed public offering of $300M aggregate principal of 5.375% Senior Notes due March 1, 2036.
RLI Q4 net earnings $0.99 (from $0.44); FY operating EPS $3.47; book value up 33% to $19.35
Q4 net earnings $91.2M ($0.99/sh) more than doubled from $40.9M ($0.44) YoY; operating earnings $86.4M ($0.94/sh).
RLI declares $2.00 special dividend + $0.16 regular Q dividend; $184M total payout
Special cash dividend of $2.00 per share (~$184M total) and regular quarterly dividend of $0.16 per share declared.
RLI CFO Todd Bryant to retire Dec 31, 2025; Aaron Diefenthaler named successor effective Jan 1, 2026
Todd Bryant, CFO since 2019, will retire from CFO role on Dec 31, 2025 after 30+ years at RLI.
RLI Corp Q3 2025 net earnings $1.35 EPS, operating EPS $0.83, combined ratio 85.1
Net earnings $124.6M ($1.35/diluted share) vs $95.0M ($1.03) in Q3 2024, up 31%.
RLI Q2 net EPS $1.34 vs $0.89; operating EPS $0.84 vs $0.86; book value up 16%
Net earnings $124.3M ($1.34/diluted share) vs $82.0M ($0.89) in Q2 2024; operating earnings $78.1M ($0.84) vs $79.3M ($0.86).
RLI Q1 operating EPS $0.92 near flat; net earnings $0.68 down 51% on realized losses
Operating earnings $84.9M ($0.92/diluted share) vs $87.4M ($0.95); combined ratio of 82.3.
RLI Q4 net earnings drop to $0.44 from $1.24; Hurricane Milton loss $42.4M
Q4 net earnings $40.9M ($0.44 diluted), down from $114.6M ($1.24); operating earnings $0.41 vs $0.77.
RLI declares $4.00 special dividend and two-for-one stock split
Special cash dividend of $4.00 per share, totaling approx. $183 million.
RLI Q3 net earnings $95M ($2.06/sh), operating earnings $60M ($1.31/sh); combined ratio 89.6
Underwriting income $40.7M (CR 89.6%) improved from $4.2M (CR 98.7%) a year ago.
RLI estimates $35-40M pretax catastrophe losses from Hurricanes Beryl and Helene in Q3 2024
Estimated pretax net catastrophe loss range of $35-40 million, net of reinsurance recoverables.
RLI Q2 net earnings $1.78/share; operating EPS $1.72; combined ratio 81.5
Net earnings $82.0M ($1.78 diluted EPS) vs $77.7M ($1.69) YoY.
RLI Q1 2024 net earnings $2.77/share vs $2.15 prior year; combined ratio 78.5
Net earnings $127.9M ($2.77 EPS) up 29% from $98.8M ($2.15 EPS) in Q1 2023.
RLI Q4 net EPS $2.49; operating EPS $1.54; combined ratio 82.7; special dividend $2.00
Q4 net earnings $114.6M ($2.49 per share) vs $97.8M ($2.13) a year ago; operating EPS $1.54 vs $1.53.
RLI Corp. declares $2.00 special dividend plus $0.27 quarterly dividend
Special cash dividend of $2.00 per share, totaling ~$91M, plus regular quarterly dividend of $0.27 per share.
RLI Q3 operating EPS $0.61 beats prior year; wildfire losses weigh on underwriting
Q3 2023 net earnings $13.5M ($0.29/diluted); operating earnings $28.3M ($0.61/share) up 22% YoY.
RLI estimates $65M-$75M pretax catastrophe losses from Hawaiian wildfires in Q3 2023
Estimated pretax net catastrophe loss range of $65M to $75M, net of reinsurance and including reinstatement premiums.
On November 8, 2023, the RLI Corp. (“RLI”) Board of Directors (“Board”) appointed Clark C. Kellogg as member of the Board, effective January 1, 2024.
On October 28, 2022, the RLI Corp. (“RLI”) Board of Directors (“Board”) appointed Paul B. Medini as member of the Board, effective November 1, 2022.
On August 17, 2022, John T. Baily informed RLI Corp. (“RLI”) that he will retire from the Board of Directors of RLI upon conclusion of his term and will not stand for re-election at the 2023 annual meeting of shareholders on May 4, 2023.
On November 10, 2021, Jonathan E. Michael, Chairman of the Board of Directors and Chief Executive Officer, announced his resignation as Chief Executive Officer of RLI Corp. (the “Company”) effective December 31, 2021.
On November 10, 2021, the Board appointed Craig W. Kliethermes as President and Chief Executive Officer of the Company effective January 1, 2022.
On November 10, 2021, the Board appointed Jennifer L. Klobnak as Chief Operating Officer of the Company effective January 1, 2022.
Max materiality 0.80 · Median 0.35 · Most common event earnings