RLI CORP — Director's Dealing 2011

Jan 7, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2010-12-31

Reporting Person: STEPHENS GERALD D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-31	Common Stock	J	56867.9642	$52.57	Disposed	0	Indirect
2010-12-31	Common Stock	J	56867.9642	$52.57	Acquired	744399.5921	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4429.2781	Indirect
Common Stock	381.1323	Indirect
Common Stock	20479.4301	Indirect
Common Stock	68935	Indirect
Common Stock	232100.5029	Indirect
Common Stock	300000	Indirect

Footnotes

F1: Ownership reflects dividend reinvestment.

F2: Shares were transferred from the Gerald D. Stephens G4 Trust to the Gerald D. Stephens Revocable Trust.