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A.M. Best Places Ratings RLI Indemnity Company Under Review With Negative Implications

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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has placed under review with negative implications the financial strength rating of A+ (Superior) and the issuer credit rating of “aa” of RLI Indemnity Company (RLI Indemnity), a reinsured subsidiary of RLI Insurance Company. The rating action follows the recent announcement that RLI Indemnity’s parent, Mt. Hawley Insurance Company, and ultimate insurance parent, RLI Insurance Company, have entered into a definitive agreement with Clear Blue Financial H

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