Latest Berkley Headlines
All the headlines from our Berkley Topic Page, ordered by recency.
W.R. Berkley Corp. Notes Quarterly Earnings Increase
Jul 26 2002 // W.R. Berkley Corp. reported its quarterly earnings grew, driven by greater policy rates. The company noted its second-quarter net income rose to $27.4 million, or 52 cents a share, compared with $9.6 million, or 21 cents a...
W.R. Berkley Names Four VP’s to Head New Med Mal Excess Unit
May 8 2002 // W. R. Berkley Corp. announced the appointments, effective immediately, of Collin J. Suttie, Wayne Matthew (Matt) Fessler, Dianne L. Perry and Kimberley H. Willis as Vice Presidents of Berkley Medical Excess Underwriters,...
W.R. Berkley Corp. Grows Capital of Berkley Insurance Co.
Mar 29 2002 // W. R. Berkley Corporation announced that during the first quarter of 2002 it contributed an additional $50 million of capital to Berkley Insurance Company, the lead insurance company of the Berkley Group. The capital...
Berkley Increases Insurance Operation Capital by $50 Million
Mar 28 2002 // W. R. Berkley Corporation announced that during the first quarter of 2002 it contributed an additional $50 million of capital to Berkley Insurance Company, the lead insurance company of the Berkley Group. “This...
W.R. Berkley Corp. Names Appointments to Berkley Capital Underwriters
Mar 4 2002 // W. R. Berkley Corporation announced the appointments of Richard Agatstein and Joan E. Kapfer, each to the office of senior vice president of Berkley Capital Underwriters, LLC, a recently formed specialty reinsurance...
W.R. Berkley Corp. Reports 4Q Loss
Feb 18 2002 // W.R. Berkley Corporation reported an operating loss for the fourth quarter ended Dec. 31, 2001 of $15 million, or 49 cents per share, compared with operating income of $14 million, or 52 cents per share, for the same...
W.R. Berkley Names Tom N. Kellogg to Head Reinsurance Units
Feb 7 2002 // W. R. Berkley Corporation of Greenwich, Conn. has named Tom N. Kellogg as the chairman of its subsidiary, Signet Star Holdings, Inc., the parent company of Berkley Insurance Company, the group’s lead reinsurance...
W.R. Berkley to Enter Excess Medical Malpractice Market
Dec 19 2001 // Connecticut-based W.R. Berkley Corp. announced it will enter the excess medical malpractice market with the formation of Berkley Medical Excess Underwriters, LLC., based in St. Louis, Missouri, which will underwrite on...
W. R. Berkley Corporation to List on NYSE
Apr 26 2001 // W. R. Berkley Corporation, a holding company based in Greenwich, Conn., announced it will list its common stock on the New York Stock Exchange (NYSE) beginning May 9, 2001, under the ticker symbol “BER”. The W....
W.R. Berkley’s ‘A+’ Affirmed
Feb 12 2001 // S&P affirmed the “A+” counterparty credit rating and FSR on W. R. Berkley Corp.’s (WRB) specialty operations. Companies affected by the action are Carolina Casualty Insurance Co., Admiral Insurance...
W. R. Berkley Corp. Begins Public Offering
Feb 9 2001 // Greenwich, Conn.-based W. R. Berkley Corporation announced the commencement of a public offering of 2,700,000 shares of its common stock, proceeds from which are to be used to provide additional capital for its insurance...
W.R. Berkley Corp. Appoints Heads of MECC
Feb 1 2001 // J. Michael Foley was named chairman of the board and chief executive officer of Midwest Employers Casualty Company, a subsidiary of the Greenwich, Conn.-based W. R. Berkley Group. Foley, 44, is a founder of MECC, where he...
IIAA, W.R. Berkley Corp.’s InsurBanc Gains Conditional OTS Approval
Nov 17 2000 // InsurBanc, a full-service federal savings bank, co-owned by the Independent Insurance Agents of America (IIAA) and W.R. Berkley Corporation, was granted conditional approval by the Office of Thrift Supervision (OTS)....
Admiral Insurance Co. Ratings Lowered by A.M. Best
Jun 15 2000 // A.M. Best Co. has lowered the financial strength rating of Admiral Insurance Co. and its reinsured subsidiary Admiral Indemnity Co. Together, these companies are the flagship operation of W.R. Berkley Corp.’s...
