RLI CORP — Director's Dealing 2011

Feb 7, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2011-02-04

Reporting Person: STEPHENS GERALD D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-04	Common Stock	P	900	$55.43	Acquired	262000.5026	Indirect
2011-02-04	Common Stock	P	54	$55.40	Acquired	262054.5026	Indirect
2011-02-04	Common Stock	P	2886	$55.35	Acquired	330886	Indirect
2011-02-04	Common Stock	P	1700	$55.45	Acquired	332586	Indirect
2011-02-04	Common Stock	P	1000	$55.32	Acquired	333586	Indirect
2011-02-04	Common Stock	P	400	$55.43	Acquired	333986	Indirect
2011-02-04	Common Stock	P	300	$55.31	Acquired	334286	Indirect
2011-02-04	Common Stock	P	400	$55.51	Acquired	334686	Indirect
2011-02-04	Common Stock	P	500	$55.48	Acquired	335186	Indirect
2011-02-04	Common Stock	P	4000	$55.38	Acquired	339186	Indirect
2011-02-04	Common Stock	P	100	$55.39	Acquired	339286	Indirect
2011-02-04	Common Stock	P	600	$55.49	Acquired	339886	Indirect
2011-02-04	Common Stock	P	100	$55.44	Acquired	339986	Indirect
2011-02-04	Common Stock	P	100	$55.47	Acquired	340086	Indirect
2011-02-04	Common Stock	P	100	$55.50	Acquired	340186	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	752299.5921	Direct
Common Stock	4429.2781	Indirect
Common Stock	381.1323	Indirect
Common Stock	23084.4301	Indirect
Common Stock	79135	Indirect

Footnotes

F1: Ownership reflects dividend reinvestment.