Article: RLI Subsidiary Merges With Maui Jim

PEORIA, Ill., Nov. 20 /PRNewswire/ -- RLI Corp. (NYSE: RLI) announced today the merger of its ophthalmic services subsidiary, RLI Vision Corp., with Maui Jim of Maui, Hawaii.

RLI Corp. will continue to be a substantial shareholder in the venture, to be renamed Maui Jim, Inc. The new company will maintain offices in Illinois, Hawaii and Massachusetts.

Gerald D. Stephens, RLI Corp. President, said, "The merger provides the newly combined companies with a high performance, patented, polarized sunglass line in addition to eye care service agreements, practice management software, and contact lens and frame products."

The new company has the ...

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