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The analysis, created by Ward Group, identifies companies that have excelled at balancing safety, consistency and performance for a five-year period from 2004 through 2008. Ward Group, a Cincinnati-based consulting firm specializing in the insurance industry, publishes the analysis in Ward's Results, an insurance industry financial reference series. For a complete listing of all companies in the Ward's 50(R), visit www.wardinc.com.
At the 2009 announcement, Jeffrey Rieder, President of the Ward Group, stated "The Ward's 50 is recognition of the top 50 performing P&C insurance companies domiciled in the United States." Rieder went on to say, "In general, the Ward's 50 companies demonstrate the ability to grow their business profitably in changing market conditions."
"It is an honor to be recognized again by Ward's," said RLI President & CEO Jonathan E. Michael. "Ward's criteria align exceptionally well with RLI's goal of superior long- term performance. The award speaks to the everyday accomplishments of our underwriting, claims, and support staff. We're proud to be among Ward's elite group aspiring for 20 years of consecutive success."
RLI is a specialty insurance company serving "niche" or underserved markets. With a diverse portfolio of property and casualty coverages and surety bonds, it has achieved an underwriting profit in 28 of the last 32 years, including the last 13. RLI and subsidiaries - RLI Insurance Company, Mt. Hawley Insurance Company and RLI Indemnity Company - are rated A+ "Superior" by A.M. Best Company and A+ "Strong" by Standard & Poor's. RLI operates in all 50 states from office locations across the country.
For additional information, contact Treasurer John Robison at (309) 693-5846 or at john.robison@rlicorp.com or visit our website at www.rlicorp.com.
SOURCE: RLI Corp.
RLI Corp. John Robison (309) 693-5846 john.robison@rlicorp.com www.rlicorp.com
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