{"id":384446,"date":"2020-11-18T16:13:20","date_gmt":"2020-11-18T21:13:20","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=384446"},"modified":"2020-11-18T16:13:20","modified_gmt":"2020-11-18T21:13:20","slug":"am-best-affirms-a-superior-rating-for-rli-corp-rli-insurance-co-mt-hawley-insurance-co-and-contractors-bonding-and-insurance-co","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/am-best-affirms-a-superior-rating-for-rli-corp-rli-insurance-co-mt-hawley-insurance-co-and-contractors-bonding-and-insurance-co\/","title":{"rendered":"AM Best Affirms A+ (Superior) Rating for RLI Corp., RLI Insurance Co., Mt. Hawley Insurance Co. and Contractors Bonding and Insurance Co."},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p style=\"font-weight:normal\"><b>AM Best Affirms A+ (Superior) Rating for RLI Corp., RLI Insurance Co., Mt. Hawley Insurance Co. and Contractors Bonding and Insurance Co.<\/b><\/p>\n<p>PEORIA, Ill.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nRLI Corp. (NYSE: RLI) &#8212; RLI Corp. announced today that its A+ (Superior) financial strength rating (FSR) has been affirmed by AM Best Company for the following insurance subsidiaries: RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company (CBIC).\n<\/p>\n<p>\nAM Best also affirmed the Long-Term Issuer Credit Ratings (ICR) for each RLI company. The RLI Corp. ICR of \u201ca\u201d was affirmed and the ICRs of \u201caa\u201d have been affirmed for the following subsidiaries: RLI Insurance Company, Mt. Hawley Insurance Company and CBIC.\n<\/p>\n<p>\nAM Best, a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry, stated in its press release that the ratings \u201creflect RLI\u2019s balance sheet strength, which AM Best categorizes as strongest, as well as its strong operating performance, favorable business profile and very strong enterprise risk management.\u201d\n<\/p>\n<p><b>ABOUT RLI<\/b><\/p>\n<p>\nRLI Corp. (NYSE: RLI) is a specialty insurer serving niche property, casualty and surety markets. The company provides deep underwriting expertise and superior service to commercial and personal lines customers nationwide. RLI\u2019s products are offered through its insurance subsidiaries RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. All of RLI\u2019s subsidiaries are rated A+ \u201cSuperior\u201d by AM Best Company. RLI has paid and increased regular dividends for 45 consecutive years and delivered underwriting profits for 24 consecutive years. To learn more about RLI, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.rlicorp.com&amp;esheet=52331208&amp;newsitemid=20201118005797&amp;lan=en-US&amp;anchor=www.rlicorp.com&amp;index=1&amp;md5=99d3d3fb11abb57f693bfde2cafae515\">www.rlicorp.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201118005797r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201118005797\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201118005797\/en\/<\/a><\/span><\/p>\n<p>\nAaron Diefenthaler<br \/>\n<br \/>Vice President, Chief Investment Officer &amp; Treasurer<br \/>\n<br \/>309-693-5846<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Aaron.Diefenthaler@rlicorp.com\">Aaron.Diefenthaler@rlicorp.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Illinois United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Insurance Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201118005797\/en\/400127\/3\/Large_colorlogo_tag.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>AM Best Affirms A+ (Superior) Rating for RLI Corp., RLI Insurance Co., Mt. Hawley Insurance Co. and Contractors Bonding and Insurance Co. PEORIA, Ill.&#8211;(BUSINESS WIRE)&#8211; RLI Corp. (NYSE: RLI) &#8212; RLI Corp. announced today that its A+ (Superior) financial strength rating (FSR) has been affirmed by AM Best Company for the following insurance subsidiaries: RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company (CBIC). AM Best also affirmed the Long-Term Issuer Credit Ratings (ICR) for each RLI company. The RLI Corp. ICR of \u201ca\u201d was affirmed and the ICRs of \u201caa\u201d have been affirmed for the following subsidiaries: RLI Insurance Company, Mt. Hawley Insurance Company and CBIC. AM Best, a global credit rating agency, news publisher &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/am-best-affirms-a-superior-rating-for-rli-corp-rli-insurance-co-mt-hawley-insurance-co-and-contractors-bonding-and-insurance-co\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AM Best Affirms A+ (Superior) Rating for RLI Corp., RLI Insurance Co., Mt. Hawley Insurance Co. and Contractors Bonding and Insurance Co.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-384446","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AM Best Affirms A+ (Superior) Rating for RLI Corp., RLI Insurance Co., Mt. Hawley Insurance Co. and Contractors Bonding and Insurance Co. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/am-best-affirms-a-superior-rating-for-rli-corp-rli-insurance-co-mt-hawley-insurance-co-and-contractors-bonding-and-insurance-co\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AM Best Affirms A+ (Superior) Rating for RLI Corp., RLI Insurance Co., Mt. Hawley Insurance Co. and Contractors Bonding and Insurance Co. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"AM Best Affirms A+ (Superior) Rating for RLI Corp., RLI Insurance Co., Mt. Hawley Insurance Co. and Contractors Bonding and Insurance Co. PEORIA, Ill.&#8211;(BUSINESS WIRE)&#8211; RLI Corp. (NYSE: RLI) &#8212; RLI Corp. announced today that its A+ (Superior) financial strength rating (FSR) has been affirmed by AM Best Company for the following insurance subsidiaries: RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company (CBIC). AM Best also affirmed the Long-Term Issuer Credit Ratings (ICR) for each RLI company. The RLI Corp. ICR of \u201ca\u201d was affirmed and the ICRs of \u201caa\u201d have been affirmed for the following subsidiaries: RLI Insurance Company, Mt. Hawley Insurance Company and CBIC. AM Best, a global credit rating agency, news publisher &hellip; Continue reading &quot;AM Best Affirms A+ (Superior) Rating for RLI Corp., RLI Insurance Co., Mt. 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(NYSE: RLI) &#8212; RLI Corp. announced today that its A+ (Superior) financial strength rating (FSR) has been affirmed by AM Best Company for the following insurance subsidiaries: RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company (CBIC). AM Best also affirmed the Long-Term Issuer Credit Ratings (ICR) for each RLI company. The RLI Corp. ICR of \u201ca\u201d was affirmed and the ICRs of \u201caa\u201d have been affirmed for the following subsidiaries: RLI Insurance Company, Mt. Hawley Insurance Company and CBIC. AM Best, a global credit rating agency, news publisher &hellip; Continue reading \"AM Best Affirms A+ (Superior) Rating for RLI Corp., RLI Insurance Co., Mt. 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