PEORIA, Ill. (AP) _ RLI Corp. (RLI) on Wednesday reported first-quarter net income of $73 million, after reporting a loss in the same period a year earlier.

The Peoria, Illinois-based company said it had profit of $1.60 per share. Earnings, adjusted for investment gains, were 87 cents per share.

The specialty insurance company posted revenue of $287.3 million in the period. Its adjusted revenue was $245 million.

RLI Corp. shares have climbed 12% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $116.97, a climb of 44% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RLI at https://www.zacks.com/ap/RLI

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