RLI Promotes Davis to VP, Internal Audit

PEORIA, Ill., Nov. 21 /PRNewswire-FirstCall/ -- RLI Corp. -- RLI has promoted Seth Davis to RLI vice president, internal audit, effective Dec. 1.

Davis will report administratively to RLI President & CEO Jonathan E. Michael and have a direct reporting relationship to the audit committee of the RLI board of directors. Davis' responsibilities will include overseeing all of the company's internal audit activities.

"Our internal audit department is important to RLI's success, namely ensuring confidence in and the reliability of our financial results," said Michael. "Seth has played a key role in the company's success in complying with the Sarbanes-Oxley Act, as well as creating consistent audit methodology and integrating the auditing and compliance processes."

Davis joined RLI in 2004 as manager, internal audit. Prior to that, he served as an internal audit director for CNA in Chicago, and in various claims and underwriting positions with State Farm in Bloomington, Ill., and in the Chicago area. He earned his bachelor's degree from Illinois State University and an MBA from the University of Chicago, as well as the professional designations CFA, CIA, CPCU, ARe, ASLI and AFSB.

RLI, a specialty insurance company celebrating its 40th anniversary in 2005, offers a diversified portfolio of property and casualty coverages and surety bonds serving "niche" or underserved markets. RLI operates in all 50 states from 23 office locations. The company's talented associates have delivered underwriting profits in 24 of the last 28 years, including the last nine. RLI's insurance 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.

For additional information, contact Vice President, Corporate Development Aaron Jacoby at (309) 693-5880 or at aaron_jacoby@rlicorp.com or visit our website at http://www.rlicorp.com/ .