A. M. Best Upgrades RLI's Ratings
NU Online News Service, May 28, 4:16 p.m. EDT?A.M. Best Co. upgraded the rating for Peoria, Ill.-based insurer RLI Corp.'s principal subsidiaries to "A-plus" from "A".[@@]
The Oldwick, N.J.-based rating firm cited a number of factors for the upgrade, including the company's record of continuing "to take advantage of market opportunities as evidenced by its strong growth (via pricing), record earnings, increased business retention and enhanced capitalization."
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