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RLI Corp (RLI) will raise its quarterly dividend by 5.9 percent to $0.18 per share in 2014. This comes after a 6.3 percent dividend hike by the insurer last year.

RLI Corp. is a specialty insurer serving diverse, niche property, casualty and surety markets. RLI's products are offered through its insurance subsidiaries RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company.