RLI CORP — Director's Dealing 2011

Mar 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2011-03-01

Reporting Person: STEPHENS GERALD D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-01	Common Stock	J	381.1323	$56.56	Disposed	0	Indirect
2011-03-01	Common Stock	J	381.1323	$56.56	Acquired	845649.0025	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	23084.4301	Indirect
Common Stock	79135	Indirect
Common Stock	173550.5026	Indirect
Common Stock	340186	Indirect

Footnotes

F1: Ownership reflects dividend reinvestment.

F2: Shares distributed to Mr. Stephens pursuant to the Gerald D. Stephens RLI Corp. Key Employee Excess Plan Benefit rules.