Oct. 20, 2009 (Business Wire) -- RLI Corp. (NYSE:RLI) – Today RLI announced a new non-profit healthcare organization and executive liability policy, which will include expanded coverage and simplified policy language.
“Our contract will be shorter – more concise – which should alleviate a major point of frustration for risk managers and general counsels at many hospitals. Some of our competitors’ policy forms tip the scales at more than 30 pages. Our new form will be less than half that amount, while offering similar or superior coverage,” said RLI Executive Product Group Vice President A. Q. “Skip” Orza. “Additionally, our new form will include many coverage enhancements designed to meet the evolving needs of our customers, who are not immune from litigation merely by their non-profit status.” The new policy is expected to be filed in the fourth quarter of this year.
RLI is targeting any 501(c)(3) and 501(c)(4) non-profit healthcare organizations, and offers limits up to $25 million.
RLI is a specialty insurance company serving “niche” or underserved markets. Its proven, superior underwriting model creates the flexibility to write unique coverages in a wide array of diverse industries. RLI’s 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. RLI operates in all 50 states from office locations across the country.
For additional information, contact A.Q. “Skip” Orza at (908) 598-8375 or at a.q.orzaII@rlicorp.com or visit the RLI EPG website at www.rli-epg.com.

