RLI (RLI) 8-K Entry into a Material Definitive Agreement

	Exhibit 99.1
	FOR IMMEDIATE RELEASE

 

RLIANNOUNCESSALEOFMINORITYOWNERSHIPINTERESTINMAUIJIM,INC.

March 14, 2022 – RLI Corp. (NYSE: RLI) – RLI Corp. announced todaythat it has agreed to sell its minority interest in Maui Jim, Inc. For additional information, please refer to the Form 8-K filed today by RLI Corp. in connection with the transactions described herein which is available on RLI’s website at www.rlicorp.com and on the SEC's EDGAR website.

MEDIACONTACT

AaronDiefenthaler

VicePresident,ChiefInvestmentOfficer&Treasurer800-331-4929

Aaron.Diefenthaler@rlicorp.com

###