10 Best Rising Stocks To Watch For 2015

10 Best Rising Stocks To Watch For 2015: RLI Corp. (RLI)

RLI Corp., through its subsidiaries, underwrites property and casualty insurance primarily in the United States. The company operates in three segments: Casualty, Property, and Surety. The Casualty segment provides general liability services consisting of coverage for third party liability of commercial insurers, including manufacturers, contractors, apartments, and mercantile; commercial and personal umbrella coverage; and commercial transportation that include automobile liability and physical damage insurance to local, intermediate, and long haul truckers, public transportation risks, and equipment dealers, as well as incidental and related insurance coverage. It also offers professional liability coverages, such as directors? and officers? liability insurance, employment practices liability, and other miscellaneous professional liability coverage; and specialty program coverages, such as commercial property, general liability, inland marine, and crime, as well as deduc tible buy-back. The Property segment offers property coverage that consists primarily of excess and surplus lines and specialty insurance, such as fire and earthquake. It also provides insurance for commercial and industrial risks, such as office buildings, apartments, condominiums, and certain industrial and mercantile structures, as well as writes boiler and machinery coverage; marine coverage, including hull, cargo, and protection and indemnity; homeowners and dwelling fire insurance; and property facultative reinsurance for insurance companies. The Surety segment specializes in writing small-to-large commercial and small contract surety coverages, as well as for the energy, petrochemical, and refining industries. It offers miscellaneous bonds, such as license and permit, notary, and court bonds; and fidelity and crime coverage for commercial insured and select financial institutions. RLI Corp. was founded in 1965 and is headquartered in Peoria, Illinois.

! Advisors' Opinion:

• [By Ben Levisohn]

  For the past several years, Berkshire has contrasted its own cost-free float provided by profitable underwriting against the industrys (unimpressive) tendency to lose money on underwriting while generating net returns from investment income. So far, so good. Less edifying, though, is the repeated contrast of Berkshires track record of profitability to State Farms…even though, as a mutual company, State Farms profitability goals are inherently different from for-profit insurers like Berkshire. Its true that through year-end 2013, Berkshires underwriters have now operated at an underwriting profit for eleven consecutive years, but so have ACE (ACE), American Financial (AFG), AmTrust Financial (AFSI), Arch Capital (ACGL), Chubb (CB), HCC (HCC), Progressive (PGR), RLI (RLI), and W.R. Berkley (WRB), any or all of whom provide a more meaningful comparison than contrasting Berkshires results to a company thats not out to produce a profit in t he first place.

• [By Neil Macneale]

  The top-rated stock among split announcements is RLI Corp. (RLI). I had never heard of this company, and I'm pleased to make its acquaintance.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/10-best-rising-stocks-to-watch-for-2015-2.html