Rli Corp (RLI) Files Form 4 Insider Selling : Michael J Stone Sells 903 Shares

Rli Corp (RLI): Michael J Stone , director of Rli Corp sold 903 shares on Jul 1, 2016. The Insider selling transaction was reported by the company on Jul 1, 2016 to the Securities and Exchange Commission. The shares were sold at $68.16 per share for a total value of $61,548.48 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 1, 2016, Michael J Stone (director) sold 903 shares at $68.16 per share price.On Jun 13, 2016, Todd Wayne Bryant (VP, Finance & Controller) sold 9,600 shares at $66.94 per share price.Also, On Aug 10, 2015, Michael E Angelina (director) purchased 2,700 shares at $55.46 per share price.On Feb 2, 2015, James J. Scanlan (director) purchased 5,500 shares at $46.94 per share price.

RLI Corp.: On Wednesday, Jun 29, 2016 heightened volatility was witnessed in RLI Corp. which led to swings in the share price. The shares opened for trading at $65.58 and hit $66.68 on the upside , eventually ending the session at $66.57, with a gain of 1.98% or 1.29 points. The heightened volatility saw the trading volume jump to 96,360 shares. The 52-week high of the share price is $68.34 and the company has a market cap of $2,907 M . The 52-week low of the share price is at $50.94.

RLI Corp. Money Flow Index Chart

RLI Corp. underwrites selected property and casualty insurance through major subsidiaries collectively known as RLI Insurance Group. The Company conducts operations through four insurance companies. These companies are organized in a vertical structure beneath RLI Corp. with RLI Insurance Company (RLI Ins.) as the principal insurance subsidiary. RLI Ins. writes multiple lines of insurance on an admitted basis. Mt. Hawley Insurance Company (Mt. Hawley) a subsidiary of RLI Ins. writes excess and surplus lines insurance on an admitted basis. RLI Indemnity Company (RIC) a subsidiary of Mt. Hawley has authority to write multiple lines of insurance on an admitted basis in 48 states and the District of Columbia. Contractors Bonding and Insurance Company a subsidiary of RLI Ins. has authority to write multiple lines of insurance on an admitted basis in all 50 states and the District of Columbia. The segments of the Company’s insurance operations are casualty property and surety.

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