RLI

Argo Surety Partners with Trisura Group

Retrieved on: 
Thursday, May 25, 2023
Insurance, Professional Services, RLI, Partnership, ARGO, Negotiation, Argo Group, Chilson, Treasury, NYSE, RLI Corp., Surety

Argo Group International Holdings, Ltd. (NYSE: ARGO) ("Argo" or the "company") today announced an agreement, effective immediately, with North American insurer, Trisura Group, Ltd. to support its surety underwriting operations as it works to revamp and grow its surety business.

Key Points: 
  • Argo Group International Holdings, Ltd. (NYSE: ARGO) ("Argo" or the "company") today announced an agreement, effective immediately, with North American insurer, Trisura Group, Ltd. to support its surety underwriting operations as it works to revamp and grow its surety business.
  • Trisura will provide surety underwriting services and other services to support Argo’s surety operations.
  • "This partnership is an important step as we work to evolve Argo Surety,” said Argo Executive Chairman and Chief Executive Officer, Thomas A. Bradley.
  • “We are pleased to partner with Argo and believe the collaboration will expand support for both Argo and Trisura stakeholders.

Prairie Provident Announces Completion of Recapitalization Transactions and Closing of Fully Subscribed C$4 Million Equity Financing

Retrieved on: 
Tuesday, May 16, 2023
RLI, FOR, Investment, Telephone, Person, Accreditation, Equity, Agent, Acquisition, News, Minority, PPR, Recapitalization, Warrant, Suite, Finance Secretary (India), National instrument, SEDAR, TSX, Multilateral, Disclosure, Equity (finance), Exercise, NOT, NI, Regulation, Indian stock exchange, MI, Sale, Prospectus, Bank, PCEP, Cryptocurrency, Financial services, Security (finance), Insurance, Unit

CALGARY, Alberta, May 16, 2023 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (TSX:PPR) (the “Company”), is pleased to announce the completion of its previously announced recapitalization transactions (collectively, the “Recapitalization”). The Recapitalization included the following principal transactions:

Key Points: 
  • The Company has approximately C$860 million in tax pools (C$560 million of which are available as tax shelter against current income) to complement its reserves value.
  • The Equity Financing was led by Research Capital Corporation as the sole agent and sole bookrunner (the “Agent”).
  • The net proceeds from the Equity Financing will be used for ongoing field operations, working capital requirements and other general corporate purposes.
  • Certain directors and officers of the Company participated in the Equity Financing under applicable securities laws, acquiring 7,424,423 Units in total.

RLI Increases Regular Dividend for 48th Consecutive Year

Retrieved on: 
Thursday, May 4, 2023
Insurance, Professional Services, RLI, NYSE, RLI Corp., Holding company

RLI Corp. (NYSE: RLI) announced today its Board of Directors has declared a second quarter regular cash dividend of $0.27 per share, a $0.01 increase over the prior quarter.

Key Points: 
  • RLI Corp. (NYSE: RLI) announced today its Board of Directors has declared a second quarter regular cash dividend of $0.27 per share, a $0.01 increase over the prior quarter.
  • The dividend is payable on June 20, 2023 to shareholders of record as of May 31, 2023.
  • RLI has increased dividends in each of the last 48 years.
  • The company’s dividend yield would be 0.77% based on the $1.08 indicated annual dividend and yesterday’s closing stock price of $139.48.

The Retail Learning Institute Partners with Qstream to Expand Food Retailer Training Offerings with Science-backed Knowledge Reinforcement

Retrieved on: 
Thursday, April 20, 2023
RLI, IGA (supermarkets), Organization, Profi, IGA, Management

They selected Qstream as their microlearning partner to offer their customers science-backed knowledge reinforcement via Qstream's spaced repetition methodology.

Key Points: 
  • They selected Qstream as their microlearning partner to offer their customers science-backed knowledge reinforcement via Qstream's spaced repetition methodology.
  • The platform's robust analytics also identify knowledge gaps so HR, training teams and store operators can take action.
  • "To be successful in retail environments, you must focus on your frontline workers," said Paulo Goelzer Ph.D, CEO, Retail Learning Institute/IGA Coca-Cola Institute.
  • "Qstream is thrilled to partner with RLI to deliver efficient and employee-centric learning technology to their clients," said Dan Whelan, CEO, Qstream.

RLI Reports First Quarter 2023 Results

Retrieved on: 
Wednesday, April 19, 2023
Insurance, Professional Services, RLI, Policy, Tax, GAAP, Risk, Securities and Exchange Commission of Pakistan, Sale, Interest, Acquisition, Annual report, Form, Security (finance), EPS, CDT, News, Bank

RLI’s comprehensive earnings were $136.5 million for the quarter ($2.97 per share), compared to $67.7 million ($1.48 per share) of comprehensive loss for the same quarter in 2022.

Key Points: 
  • RLI’s comprehensive earnings were $136.5 million for the quarter ($2.97 per share), compared to $67.7 million ($1.48 per share) of comprehensive loss for the same quarter in 2022.
  • In addition to net earnings, comprehensive earnings in 2023 included after-tax unrealized gains from the fixed income portfolio, due to declining interest rates.
  • On March 20, 2023, the company paid a regular quarterly dividend of $0.26 per share, the same amount as the prior quarter.
  • At 10 a.m. central daylight time (CDT) tomorrow, April 20, 2023, RLI management will hold a conference call to discuss quarterly results with insurance industry analysts.

RLI First Quarter Earnings Release & Teleconference

Retrieved on: 
Wednesday, April 5, 2023
Professional Services, Insurance, Finance, RLI, CDT, Q4, NYSE, RLI Corp., Tutoring, Pharmaceutical industry, Property insurance

RLI Corp. (NYSE: RLI) – RLI Corp. announced today that it will release its first quarter 2023 earnings after market close on Wednesday, April 19, 2023.

Key Points: 
  • RLI Corp. (NYSE: RLI) – RLI Corp. announced today that it will release its first quarter 2023 earnings after market close on Wednesday, April 19, 2023.
  • The company will hold its quarterly conference call to discuss first quarter results on Thursday, April 20, 2023 at 10 a.m. CDT.
  • This call is being webcast by Q4 and can be accessed at https://events.q4inc.com/attendee/964127485 .

Jon Kohler Recognized as the 2022 RLI APEX National Broker of the Year in Recreational Land Sales

Retrieved on: 
Thursday, March 30, 2023
RLI, The Land Report, National Produce Stakes (Irish greyhounds), MBA, Kohler, APEX, Conference, RCE, The Land Institute

TALLAHASSEE, Fla., March 30, 2023 /PRNewswire-PRWeb/ -- Jon Kohler, with Jon Kohler & Associates from Lamont, FL, has been recognized as the APEX 2022 National Broker of the Year in Recreational Land Sales and an APEX 2022 Top 20 National Producer by the REALTORS® Land Institute as a part of the RLI APEX Production Awards Program, sponsored by The Land Report. Kohler was recognized by RLI CEO Aubrie Kobernus, MBA, RCE, as well as The Land Report's Co-founders Eddie Lee Rider Jr. and Eric O'Keefe at a special awards ceremony on Tuesday, March 7, during RLI's 2023 National Land Conference (NLC23) in Denver, CO. Jon Kohler & Associates closed a total of $177,927,878 and 27,319 acres in 2022.

Key Points: 
  • Jon Kohler, with Jon Kohler & Associates from Lamont, FL, has been recognized as the APEX 2022 National Broker of the Year.
  • TALLAHASSEE, Fla., March 30, 2023 /PRNewswire-PRWeb/ -- Jon Kohler, with Jon Kohler & Associates from Lamont, FL, has been recognized as the APEX 2022 National Broker of the Year in Recreational Land Sales and an APEX 2022 Top 20 National Producer by the REALTORS® Land Institute as a part of the RLI APEX Production Awards Program, sponsored by The Land Report.
  • All land professionals recognized as part of the RLI APEX Awards Program are active members of RLI.
  • Winners of the 2023 APEX Awards will be announced at RLI's 2024 National Land Conference next March in Louisville, KY.

Top 2022 Land Broker Zurick Labrier Recognized as Part of RLI's APEX Producers Club

Retrieved on: 
Wednesday, March 22, 2023
RLI, The Land Report, Terra firma, MBA, Comment, APEX, Conference, RCE, The Land Institute

CANYON, Texas, March 22, 2023 /PRNewswire-PRWeb/ -- Zurick Larbrier, a principal owner of Mason & Morse Ranch Company, (http://www.ranchland.com) has been recognized as a part of the 2022 APEX Producers Club by the REALTORS® Land Institute as a part of the RLI APEX Production Awards Program, sponsored by The Land Report. Zurick, was recognized by RLI CEO Aubrie Kobernus as well as The Land Report's Co-founders Eddie Lee Rider Jr. and Eric O'Keefe at a special awards ceremony on Tuesday, March 7, during RLI's 2023 National Land Conference (NLC23) in Denver, CO.

Key Points: 
  • Zurick Larbrier, a principal owner of Mason & Morse Ranch Company, has been recognized as a part of the 2022 APEX Producers Club by the REALTORS® Land Institute as a part of the RLI APEX Production Awards Program, sponsored by The Land Report.
  • CANYON, Texas, March 22, 2023 /PRNewswire-PRWeb/ -- Zurick Larbrier, a principal owner of Mason & Morse Ranch Company, ( http://www.ranchland.com ) has been recognized as a part of the 2022 APEX Producers Club by the REALTORS® Land Institute as a part of the RLI APEX Production Awards Program, sponsored by The Land Report.
  • "We are proud of Zurick and all our members that were recognized as part of our award programs for their accomplishments in 2022.
  • All land professionals recognized as part of the RLI APEX Producers Club are active members of RLI and have at least $5M dollars of qualifying dollar volume in closed land sales in 2022.

RLI Launches RLI Safety Solutions, a Full-Service Safety and Compliance Consulting Service for the Commercial Transportation Industry

Retrieved on: 
Tuesday, March 21, 2023
Other Transport, Insurance, Trucking, Finance, Automotive, Consulting, Transport, Professional Services, Fleet Management, RLI, Risk management, Department of transportation, NYSE, RLI Corp., Safety, Consultant

RLI Corp. (NYSE: RLI) – RLI Insurance Company announced today the launch of RLI Safety Solutions™, a comprehensive suite of safety consulting services for small and midsized commercial transportation fleet operators.

Key Points: 
  • RLI Corp. (NYSE: RLI) – RLI Insurance Company announced today the launch of RLI Safety Solutions™, a comprehensive suite of safety consulting services for small and midsized commercial transportation fleet operators.
  • RLI Safety Solutions services are available nationwide to small and midsized commercial transportation fleet operators insured by RLI or other carriers.
  • Consulting services offered include Department of Transportation compliance reviews, customized driver training programs, compliance and safety practices evaluations, telematics and camera strategy development and other customized safety programs.
  • “Our suite of safety solutions is designed for commercial transportation companies that want to proactively increase safety, improve compliance and better manage risk,” said RLI Transportation President Dan Meyer.

Hayden Outdoors Receives Multiple APEX Awards

Retrieved on: 
Friday, March 17, 2023
RLI, Land, The Land Report, Life, ALC, Dax Cowart, Hayden, Windsor, Colorado, Sale, Herrity, CO, APEX, Conference, Ranch, Property management, Real estate

Windsor, CO, March 17, 2023 (GLOBE NEWSWIRE) -- (Windsor, CO) Hayden Outdoors Real Estate Brokers received multiple awards at the Realtors Land Institute (RLI) annual APEX awards during the recent National Land Conference in Westminster, Colorado.

Key Points: 
  • Windsor, CO, March 17, 2023 (GLOBE NEWSWIRE) -- (Windsor, CO) Hayden Outdoors Real Estate Brokers received multiple awards at the Realtors Land Institute (RLI) annual APEX awards during the recent National Land Conference in Westminster, Colorado.
  • The APEX awards are issued annually by RLI and include categories such as commercial land sales, residential land sales, and ranch land sales.
  • Hayden Outdoors managing partner Dax Hayden was awarded America’s “Top Land Broker - Ag/Ranch Sales” for 2022.
  • Other Hayden Outdoors recognitions at the event included Producers Club honoree John Herrity and a new ALC designation holder Casey Stayman.