RLI Corp.

Good morning and welcome to the RLI Corp third quarter earnings teleconference. After management's prepared remarks we'll open the conference up for question and answers. Before we get started let me remind everyone that through the course of the teleconference RLI management may make comments that reflect their intentions, beliefs and expectations for the future. As always these forward-looking statements are subject to certain factors and uncertainties which could cause actual results to differ materially. Please refer to the risk factors described in the company's various SEC filings, including in the annual report on Form 10-K as supplemented in Form 10-Q, all of which should be reviewed carefully. The company has filed a Form 8-K with the Securities and Exchange Commission that contains the press release announcing third quarter results. During the call, RLI management may refer to operating earnings and earnings per share from operations, which are non-gap measures of financial results. RLI's operating earnings and earnings per share from operations consist of net earnings after the elimination of after-tax realised gains or losses and after-tax unrealised gains or losses on equity securities. Additionally, equity in earnings of Maui Gym and the related taxes were excluded from operating earnings and operating EPS for 2022 due to the sale of RLI's investment in the third quarter of 2022. RLI's management believes these measures are useful in gauging core operating performance across reporting periods, but may not be comparable to other companies' definition of operating earnings. The Form 8K contains a reconciliation between operating earnings and net earnings. The Form 8K and press release are available at the company's website at www.rlicorp.com. I will now turn conference over to RLI's Chief Investment Officer and Treasurer, Mr Aaron Deaton-Faylor. Please go ahead whenever you're ready.

Good morning. Thank you for joining RLI's third quarter earnings call for 2023. Joining us are Craig Klee-Hermits, President and CEO, Jane Klovna, Chief Operating Officer, Todd Bryant, Chief Financial Officer. Today's agenda will include Craig opening up the call with some high-level remarks. Todd will add detail on our financial results for the quarter. Jen will offer additional commentary on market conditions and our product portfolio.

The operator will then open the line for questions, and Craig will close with some final thoughts. Craig? Thank you, Aaron, and good morning, everyone. The devastating Maui wildfires that occurred in early August were a notable event for our customers, our team, and our business this quarter. We continue to extend our heartfelt support to all who were affected by this tragic event. As Todd will touch on shortly, the quarter's results were significantly impacted by this catastrophe. Our claim team, both in Hawaii and other parts of the country, responded quickly to assess the damage and remain dedicated to helping affected policyholders begin to recover as quickly as possible. Our purpose is to take on and diversify risks that can't be borne by an individual or business in exchange for a premium. Subsequent to a catastrophic or unexpected event, we execute our mission to fulfill the promises we have made to our impacted policyholders. Our financial strength is a benefit to those affected as well as our shareholders. I will let Todd and Jen go into more detail on the financials and the market in general. Todd, take it away.