Bradley Students Earn Steeves Scholarship

Business Wire, Feb 27, 2008

PEORIA, Ill. -- RLI Corp. (NYSE:RLI) - RLI has awarded the 2008 James D. Steeves Scholarship at Bradley University in Peoria, Illinois, to Justin Knoblauch of Metamora, Illinois, and Kaycee Melvin of Morton, Illinois.

Knoblauch is a sophomore accounting major and Kaycee is a freshman accounting major. They are the ninth and tenth recipients of the award, respectively. Recipients of the Steeves scholarship are offered the opportunity to interview for RLI internships to gain experience and knowledge in the field of property and casualty insurance.

RLI established the Steeves scholarship in 1998 in the name of the late James D. Steeves, a former RLI vice president. "Jim Steeves was a terrific mentor and teacher," said RLI President & CEO Jonathan E. Michael. "We are very pleased to be continuing his legacy with a scholarship for outstanding students choosing a career in insurance."

The $5,000 Bradley University academic scholarships are awarded annually to full-time undergraduate students from the Peoria tri-county area enrolled in Bradley's Foster College of Business.

RLI, a specialty insurance company, offers a diversified portfolio of property and casualty coverages and surety bonds serving "niche" or underserved markets. RLI operates in all 50 states from office locations across the country. The company's talented associates have delivered underwriting profits in 27 of the last 31 years, including the last 12. 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, please contact RLI Director, Communication Services, Michelle Rak at (309) 692-1000 or at michelle_rak@rlicorp.com or visit RLI's website at www.rlicorp.com.