PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. (NYSE: RLI) – RLI Corp. announced today that David B. Duclos has been elected to its board of directors, effective May 4, 2017, for a term expiring at RLI’s next shareholders’ meeting in May 2018, at which time he will stand for re-election.
Duclos is a retired Chief Executive Officer of QBE North America, a division of QBE Group, and currently serves as an advisor and non-executive director for QBE Group. Duclos has 38 years of insurance industry experience, and has held leadership positions at XL Group, Kemper Insurance Company and CIGNA Corporation. He holds a bachelor’s degree in business administration from Eastern Illinois University.
“David has shown exemplary leadership during his career in the insurance industry and we welcome him to our board of directors,” said RLI Corp. Chairman & CEO Jonathan E. Michael. “His wealth of insurance and reinsurance strategy, operations and risk management experience will be a valuable addition to our board.”
RLI Corp. (NYSE: RLI) is a specialty insurer serving diverse, niche property, casualty and surety markets. The company provides deep underwriting expertise and superior service to commercial and personal lines customers nationwide. RLI’s products are offered through its insurance subsidiaries RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. All of RLI’s subsidiaries are rated A+ “Superior” by A.M. Best Company. RLI has increased dividends for 42 consecutive years and delivered underwriting profits for 21 consecutive years. To learn more about RLI, visit www.rlicorp.com.