All the headlines from our Berkley Topic Page, ordered by recency.
Jan 13 2025 // A federal judge last week tripled the damages that Alex Murdaugh’s co-conspirator must pay to Nautilus Insurance Co., bringing the total to $3.75 million – plus significant attorney fees incurred by the insurer.A...
Jan 7 2025 // Just days after convicted murderer Alex Murdaugh was ordered to pay almost $15 million to Nautilus Insurance Co., his friend and co-conspirator is set to start trial in a civil suit brought by Nautilus for his role in the...
Dec 20 2024 // Social inflation will continue to be a top concern for insurers and reinsurers in 2025 with US liability claims increasing by 57% during the past decade and nuclear verdicts rising in frequency, said Swiss Re, pointing to...
Nov 22 2024 // Cyber attacks against Nordic banks, likely perpetrated by Russia-linked hackers, pose the biggest threat to financial stability in the region, a top Danish central bank official said.Financial institutions should be...
Oct 23 2024 // AM Best has assigned a Financial Strength Rating (FSR) of A+ (Superior) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) to Berkley Luxury Insurance Company (Berkley Luxury), based in...
Sep 11 2024 // R. Berkley Names Rhodes President of Berkley Mid-Atlantic Insurance Group R. Berkley Corp., headquartered in Greenwich, Connecticut, appointed Antonio Q. L. Rhodes as president of Berkley Mid-Atlantic Insurance Group, a...
Dec 22 2023 // The Insurance Information Institute (Triple-I) announced the appointment of four new Non-Resident Scholars (NRS). Teresa Chan, Director – Insurance Management Program School of Professional Studies, Columbia...
Nov 15 2023 // W.R. Berkley Corporation Names Balch President of Berkley Technology UnderwritersW.R. Berkley Corporation, headquartered in Greenwich, Conn., appointed Christopher H. Balch as president of Berkley Technology Underwriters,...
Oct 3 2023 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has promoted Angela Meyer to head of Product Liability in North America. She was previously head of Life Sciences in North America.Meyer joined BHSI in 2014 as...
Jun 1 2023 // W. R. Berkley Corporation said it has formed Berkley Specialty Excess to offer excess liability coverages in specialized markets, with an initial focus on the environmental and energy industries. John Termini has been...
Apr 6 2023 // To address the growing risks faced by middle market law firms, Berkley Select said it enhanced its lawyers professional liability (LPL) offerings, adding new coverages, more flexible policy forms and expanded...
Mar 29 2023 // FM Global has announced six senior leadership appointments, aligning areas of expertise to ensure a continued growth journey while maintaining competitive advantage, it said. Thierry Masurel has been appointed as senior...
Feb 25 2022 // W. R. Berkley Corp. announced it has agreed to sell a London real estate investment consisting of an office building at 52 Lime Street (also known as “The Scalpel”) for £718 million ($964.1 million), subject...
Jan 24 2022 // Berkley One has expanded its personal insurance portfolio to Utah.Berkley One is also expanding into Maine. Berkley One Classics collector vehicle coverage is also launching in Montana, Utah and Wyoming.In Utah and Maine,...
Jan 19 2022 // This edition of International People Moves details appointments at Hamilton Re, Willis Towers Watson and Howden Re.A summary of these new hires follows here. Hamilton Appoints AIG’s Friston for Financial Lines...
Oct 25 2021 // Berkley One has expanded its personal lines business to Tennessee, Indiana and the District of Columbia. Berkley One collector vehicle coverage is also launching in Idaho, Oregon and Washington, the company said in a news...
Aug 11 2021 // Berkley Program Specialists, a Berkley Company, and Condominium Insurance Specialists of America (CISA) are partnering to provide insurance protection to condominiums and associations. Condominium Insurance Specialists of...
Jul 26 2021 // This edition of International People Moves covers appointments at London-based broker Howden Reinsurance and Berkley Re Australia.A summary of these new hires follows here. Howden Reinsurance, part of international...
Jul 9 2021 // FM Global Appoints Roberts as President, Succeeding LawsonGlobal commercial property insurer FM Global announced that Executive Vice President Malcolm C. Roberts has been appointed president and elected to the...
Jul 1 2021 // Sedgwick, a global provider of claims services, has acquired the assets of Nautilus Investigations, a South Florida-based firm with a specialty in maritime claims, incidents and casualties, particularly yachts and personal...