RLI Corp. promotes Cathy Martin to VP of E&S Excess Liability

PEORIA, Ill. - RLI Corp. (NYSE:RLI) announced Wednesday the promotion of Cathy Martin to Vice President, E&S Excess Liability, where she will assume executive leadership of the company's E&S Excess Liability business.

Martin will co-lead the RLI E&S Casualty Brokerage Group alongside Chris Hughs, Vice President, E&S General Liability, according to a company press release.

Martin brings nearly 40 years of industry experience to the role. She joined RLI in 2007 as Director, Underwriting, Specialty Programs, and has held various positions in both general and excess liability underwriting. She was promoted to Assistant Vice President, Casualty Underwriting in 2017.

"With nearly 40 years of industry experience, Cathy brings exceptional underwriting expertise and a proven record of leadership to her new role," said RLI Corp. Chief Operating Officer Jen Klobnak in the statement.

Prior to joining RLI, Martin held leadership positions at New World Insurance and The Center for E&S Insurance. She holds the Chartered Property Casualty Underwriter designation and earned her bachelor's degree in risk management and insurance from the University of Georgia Terry College of Business.

RLI Corp. is a specialty insurer serving niche property, casualty and surety markets through its insurance subsidiaries: RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. All subsidiaries carry an A+ Superior rating from AM Best Company. The company has maintained dividend payments for 50 consecutive years, currently offering a 4.43% yield. InvestingPro analysis shows the stock trading near its 52-week low, suggesting a potential opportunity for value investors. For detailed valuation metrics and additional insights, access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, RLI Corp reported its Q3 2025 earnings, which exceeded analysts' expectations. The company announced earnings per share of $0.83, surpassing the forecasted $0.66. However, RLI Corp's revenue came in slightly below projections, reaching $510.22 million compared to the expected $519.22 million. Despite the revenue miss, the earnings beat indicates strong financial performance for the quarter. These developments reflect the company's ability to manage its operations efficiently, even as revenue targets were narrowly missed. Investors showed optimism following the earnings announcement. This optimism was evident in the positive reaction in after-hours trading. These recent developments highlight RLI Corp's resilience in the current market environment.

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