Director David B. Duclos bought 2,500 shares of RLI at $51.99 (May 2026); cluster of 2 other insider buys within 14 days.
Director Duclos purchased 2,500 shares at $51.99, increasing his holdings from 7,280 shares to 9,780 shares (+34.3%). This purchase occurs within a cluster pattern: 2 other insiders also bought within the past 14 days, suggesting aligned interest among multiple company insiders at this price level. Duclos's cross-ticker track record shows 1 prior buy with a 100% 90-day win rate and +2.2% average 90-day return; his prior RLI purchase on 2025-01-29 returned +2.2% over 90 days, demonstrating consistency in entry timing at this ticker. RLI trades at a P/E of 11.64 with quarterly revenue of $423.9M and net income of $54.9M, and the stock is currently -35.2% from its 52-week high of $77.24. The cluster activity and repeated insider participation warrant observation as a potential signal of management conviction near current valuations.