Ratings

Credit Ratings
	S&P	Moody’s	Fitch Ratings
Long-term issuer	BBB+ (OS) 12/8/2003	—	A- (OS) 3/22/10
Senior Unsecured	BBB+ 12/8/2003	Baa2 (OS) 8/2/2005	BBB+ 3/22/10
Financial Strength Ratings (Subsidiaries)
	S&P	Moody’s	Fitch Ratings	A.M. Best
Mt. Hawley Insurance Company	A+ (OS) 12/8/2003	A2 (OS) 8/2/2005	A+ (OS) 3/22/10	A+ 6/2/2010
RLI Indemnity Company	—	A2 (OS) 8/2/2005	A+ (OS) 3/22/10	A+ 6/2/2010
RLI Insurance Company	A+ (OS) 12/8/2003	A2 (OS) 8/2/2005	A+ (OS) 3/22/10	A+ 6/2/2010
Ratings Watch Action Legend: (WP) Watch Positive, (WN) Watch Negative, (WU) Watch Uncertain, (WR) Watch Removed, (OP) Outlook Positive, (ON) Outlook Negative, (OS) Outlook Stable, (OD) Outlook Developing