RLI CORP — Director's Dealing 2007

Nov 26, 2007

SEC Form 4/A — Form 4/A

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2007-11-16

Reporting Person: Kliethermes Craig W (VP, Actuarial RLI Insurance Co)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-16	Common Stock	J	24	$59.85	Acquired	489.3171	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1815.897	Direct
Common Stock	480.1656	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$50.15	2016-05-04	Common Stock (5000)	5000	Direct
Stock Option	$56.09	2017-05-03	Common Stock (9000)	9000	Direct

Footnotes

F2: Ownership reflects shares allocated to ESOP participant's account and dividend reinvestment.

F1: Ownership reflects dividend reinvestment.

F5: Pursuant to option schedule wherein 20% of the aggregate number of shares granted may be exercised commencing one year from grant date and each year thereafter in 20% increments.

F4: The securities herein were allocated to my account pursuant to the RLI Corp. Executive Deferred Compensation Agreement.

F3: This Form 4/A, originally filed 11/19/07 is being filed only to add information reflecting Mr. Kliethermes' cumulative holdings and balances. This information was omitted on the original filing due to a malfunction in the filing software utilized by the company's SEC filing vendor. The actual reported transaction details are identical.