PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. (NYSE: RLI) – RLI Corp. announced today that James J. Scanlan has been appointed to its board of directors, effective January 1, 2015, for a term expiring at RLI’s next annual shareholders’ meeting in May 2015, at which time he will stand for re-election.
Scanlan has 37 years of experience in auditing and advising complex global organizations with a concentration on financial services. For the past 10 years, he served as U.S. Insurance Industry Leader of PricewaterhouseCoopers LLP. He holds a bachelor’s degree from Pennsylvania State University and is a member of the American Institute of Certificated Public Accountants and the Pennsylvania Institute of Certificated Public Accountants.
“Jim brings a wealth of experience and a deep knowledge of insurance and financial services to our board,” said RLI Corp. Chairman & CEO Jonathan E. Michael. “His insight will be extremely beneficial as we continue to focus on growing our business and creating value for our customers and shareholders.”
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.
