BNET Industries

Market Cap:$3.9B
Last Fiscal Year Sales:$5.5B
- Public
- US
Dow Jones Description
Holding Company; Property Casualty Insurance Services
Chief Executive Officer
William R. BerkleyNumber of Employees 5,768
Peer Companies
NAICS Code Direct Property and Casualty Insurance Carriers: 524126
Recent Events
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Son promoted at W.R. Berkley
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Oppenheimer & Co. maintains W.R. Berkley at 'perform'
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W.R. Berkley names unit president
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WR Berkley names new president and COO
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W.R. Berkley elects COO
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W. R. Berkley Corporation Declares Dividend
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W.R. Berkley Reports Q3 Profit; CEO Sees Turn in Cycle 'Inevitable'
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W. R. Berkley Corporation to Announce Third Quarter Earnings on October 26, 2009
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W. R. Berkley Appoints Carol J. LaPunzina as Senior Vice President - Human Resources
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W.R. Berkley names human resources SVP
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W. R. Berkley Names Senior Vice President of Human Resources
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W.R. Berkley launches Berkley Oil & Gas Specialty Services
News & Analysis
Filter by
w.r. berkley corp. - All News and Analysis
Fitch Affirms W.R. Berkley's Ratings; Outlook Stable
NEW YORK -- Fitch Ratings today affirmed all ratings for W.R. Berkley Corporation Berkley and related property/casualty (P&C) operating subsidiaries. These ratings include 'A-' Issuer Default Ratings IDRs for Berkley, as well the senior debt, subordinated debt, and Insurer Financial Strength IFS ratings listed below. The Rating Outlook is Stable....
W.R. Berkley Corp.(Property/Casualty)(appointment of Willamm J. Johnstion)(Brief article)
W.R. BERKLEY CORP. has named WILLIAM J. JOHNSTON as president of CLERMONT SPECIALTY MANAGERS LTD., one of the Greenwich, Conn.-based holding company's member subsidiaries. Johnston succeeds ALFRED SCHONBERGER, who will go on to serve as the Hackensack, N.J.-based underwriter's chairman and chief executive...
W.R. Berkley Corp. has named Robert W. Standen as president of two of its workers' compensation insurance providers.(Property/Casualty)
W.R. BERKLEY CORP. has named ROBERT W. STANDEN as president of two of its workers' compensation insurance providers, KEY RISK INSURANCE CO. and its affiliate, KEY RISK MANAGEMENT SERVICES INC., the company said in a statement. Standen, who joined the Greensboro, N.C.-based Key Risk...
W.R. Berkley Corp. is acquiring CGH Insurance Group, the owner of American Mining Insurance Co.(Commercial)
W.R. BERKLEY CORP. is acquiring CGH INSURANCE GROUP, the owner of AMERICAN MINING INSURANCE CO. Terms of the transaction were not disclosed. Birmingham, Ala.-based American Mining has specialized in underwriting of mining operations with an emphasis on workers' compensation since 1989.
Zacks Analyst Blog Highlights: W.R. Berkley and AngioDynamics
CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: W.R. Berkley (NYSE: BER) and AngioDynamics (Nasdaq: ANGO). See the...
Conditional Redemption of CorTS Trust for W.R. Berkley Capital Trust Securities
CUSIP: 22082E203 NEW YORK -- U.S. Bank Trust National Association, as Trustee (the "Trustee"), under the Base Trust Agreement dated as of December 15, 2000, as supplemented by the CorTS Supplement 2002-5 dated as of May 24, 2002, between Structured Products Corp. and the Trustee, has received notice that...
Berkley Capital invests in S.L.-based HealthEquity
Salt Lake-based HealthEquity Inc. said Tuesday it has received a minority investment from Berkley Capital Investors LP, a subsidiary of W.R. Berkley Corp. HealthEquity, which administers health savings and reimbursement accounts and offers health-care financial services tools, did not disclose the amount of the investment. W.R....
W.R. BERKLEY POSTS IMPRESSIVE GROWTH
Selective growth is the cornerstone of their strategy Weather forecasters are predicting another active hurricane season for 2006, property insurance rate inadequacy in catastrophe-prone areas of the country needs to be addressed, and the property/casualty insurance industry regulatory environment might be on the verge of major changes. These...
W.R. Berkley Corp.(Property/Casualty)(named Steven Coward)(Brief article)
W.R. BERKLEY CORP. has named STEVEN COWARD president and chief executive officer of Berkley Surety Group Inc., the company formerly known as Monitor Surety Managers Inc. Coward has been an officer at subsidiaries of W.R. Berkley since 1996.
Comings & Goings - Industry.(W.R. Berkley Corp. has named Steven F. Coward president)(Lexington Insurance Co has named Peter J. Eastwood senior executive)(new appointments of Matthew F. Power)
Insurers: Greenwich, Conn.-based W.R. Berkley Corp. has named Steven F. Coward president and chief executive officer of Berkley Surety Group Inc., replacing Roger J. Bassi, who has been named chairman of the group. Before his promotion, Mr. Coward was executive vp of Berkley ...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| William R. Berkley | Chief Executive Officer |
| Eugene G. Ballard | Chief Financial Officer |
| Paul J. Hancock | Senior Vice President, Chief Corporate Actuary |
| W. Robert Berkley | Executive Vice President |
| C. Fred Madsen | Senior Vice President, Reinsurance Operations |
| Ira S. Lederman | General Counsel, Secretary & Senior Vice President |
| James G. Shiel | Senior Vice President, Investments |
| James W. McCleary | Senior Vice President, Underwriting |
| James W. McLeary | Senior Vice President, Underwriting |
| Kevin H. Ebers | Senior Vice President, IT |
| Peter L. Kamford | Senior Vice President, Admitted Specialty Lines |
| Robert C. Hewitt | Senior Vice President, Excess & Surplus Lines |
| Robert D. Stone | Senior Vice President, Alternative Markets Operations |
| Robert P. Cole | Senior Vice President, Reg Operations |
| Robert W. Gosselink | Senior Vice President, Insurance Risk Mgmt |
| Steven W. Taylor | Senior Vice President, Intl Operations |
| Arthur Gurevitch | Assistant Vice President, Analytics |
| Bruce I. Weiser | Assistant Vice President, Counsel |
| Bryan V. Spero | Assistant Vice President, Corp Actuary |
| Clement P. Patafio | Vice President |
| David Gronski | Vice President |
| Edward F. Linekin | Vice President, Investments |
| Harry J. Berkley | Vice President, It |
| Jane B. Parker | Vice President, Litigation Counsel |
| Jessica L. Somerfeld | Vice President, Corp Actuary |
| Joan E. Kapfer | Vice President |
| Joseph M. Pennachio | Vice President, Hr |
| Josephine A. Raimondi | Vice President, Assistant Secretary & Senior Counsel |
| Karen A. Horvath | Vice President, External Finance Comm |
| Ken R. Mckinion | Vice President, It Operations |
| Michele Fleckenstein | Vice President, Internal Audit |
| Philip S. Walt | Vice President & Senior Counsel |
| Philip S. Welt | Vice President & Senior Counsel |
| Richard K. Altorelli | Vice President, Investments |
| Richard M. Balo | Treasurer & Vice President |
| Scott A. Siegel | Vice President, Taxes |
| Thomas P. Boyle | Assistant Vice President, Corp Actuarial |
| John S. Navratil | Assistant Director, Tax |
| Jean P. Milot | Assistant Corp Controller |
| John E. Warycha | Assistant Corporate Controller, Financial Reporting |
| George K. Richardson | Assistant Treasurer |
| Janet L. Shemanske | Assistant Secretary |
| George G. Daly | Director |
| Jack H. Nusbaum | Director |
| Mark E. Brockbank | Director |
| Mark L. Shapiro | Director |
| Phillip J. Ablove | Director |
| Richard G. Merrill | Director |
| Ronald E. Blaylock | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| George C. Daly | Board of Directors |
| Mary Farrell | Board of Directors |
| Philip J. Ablove | Board of Directors |
| Rodney A. Hawes Jr. | Board of Directors |
William Berkley is and has been chairman of the board and chief executive officer of W. R. Berkley Corporation since its formation in 1967 and also serves as president and chief operating officer of that company. William Berkley also serves as chairman of the board or director of a number of public and private companies as well as educational and charitable institutions. These include Associated Community Bancorp. Inc. and its subsidiary, Connecticut Community Bank, N.A.; FFS Holdings, Inc.: The First Marblehead Corporation; Interlaken Capital, Inc.: Strategic Distribution, Inc; Georgetown University; New York University, where he is vice-chairman of the board of trustees and chairman of the board of overseers of the Stern School; and the W. R. Berkley Corporation Charitable Foundation. He joined the board of Kiln plc in September 2002.
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Chief Executive Officer | Current |
| Acadia Insurance Company | Chairman and CEO | Current |
| Interlaken Capital, Inc. | CEO, Berkley Corporation | Current |
| Berkley International, LLC | Chairman & CEO | Current |
| Interlaken Capital, Inc. | Chairman | Current |
| W.R. Berkley Corporation | Chairman of the Board | Current |
| Kiln Group Plc | Board of Directors | Current |
| The First Marblehead Corporation | Board of Directors | Current |
| W.R. Berkley Corporation | Founder | Current |
| Harvard Business School | M.B.A. | Former |
| Strategic Distribution Inc. | Chairman of the Board | Former |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Chief Financial Officer | Current |
| Berkley International, LLC | Senior Vice President & Treasurer | Current |
| W.R. Berkley Corporation | Senior Vice President | Current |
| W.R. Berkley Corporation | Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Senior Vice President, Chief Corporate Actuary | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Executive Vice President | Current |
| W.R. Berkley Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Senior Vice President, Reinsurance Operations | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | General Counsel, Secretary & Senior Vice President | Current |
| Berkley International, LLC | General Counsel, Secretary & Senior Vice President | Current |
| W.R. Berkley Corporation | Secretary | Current |
| Berkley International, LLC | General Counsel | Former |
| W.R. Berkley Corporation | General Counsel | Former |
James G. Shiel has been Senior Vice President Investments of the Company since January 1997. Prior thereto, he was Vice President Investments of the Company from January 1992. Since February 1994, Mr. Shiel has been President of Berkley Dean & Company, Inc., a subsidiary of the Company, which he joined in 1987.
| Organization | Position | Status |
|---|---|---|
| Berkley Dean & Company, Inc. | President | Current |
| Gemini Insurance Company | Senior Vice President, Investments | Current |
| W.R. Berkley Corporation | Senior Vice President, Investments | Current |
| Berkley Dean & Company, Inc. | Senior Vice President, Investments | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Senior Vice President, Underwriting | Current |
| Gemini Insurance Company | Senior Vice President, Reinsurance Operations | Current |
| Facultative ReSources, Inc. | President | Former |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Senior Vice President, Underwriting | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Senior Vice President, IT | Current |
| W.R. Berkley Corporation | Vice President, Finance Risk Mgmt | Former |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Senior Vice President, Admitted Specialty Lines | Current |
| Organization | Position | Status |
|---|---|---|
| Gemini Insurance Company | Senior Vice President, Alternative Markets Operations | Current |
| W.R. Berkley Corporation | Senior Vice President, Excess & Surplus Lines | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Senior Vice President, Alternative Markets Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Gemini Insurance Company | Senior Vice President, Regl Operations | Current |
| W.R. Berkley Corporation | Senior Vice President, Reg Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Gemini Insurance Company | Senior Vice President, Insurance Risk Management | Current |
| W.R. Berkley Corporation | Senior Vice President, Insurance Risk Mgmt | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Senior Vice President, Intl Operations | Current |
| Gallagher Re Inc | Business Development Officer | Former |
| Benfield | Former |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Assistant Vice President, Analytics | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Assistant Vice President, Counsel | Current |
| W.R. Berkley Corporation | Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Assistant Vice President, Corp Actuary | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Vice President | Current |
| Gemini Insurance Company | Controller & Vice President | Current |
| W.R. Berkley Corporation | Corporate Controller | Current |
| W.R. Berkley Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Berkley Dean & Company, Inc. | Senior Vice President | Current |
| W.R. Berkley Corporation | Vice President, Investments | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Vice President, It | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Vice President, Litigation Counsel | Current |
| W.R. Berkley Corporation | Litigation Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Vice President, Corp Actuary | Current |
| W.R. Berkley Corporation | Corporate Actuary | Former |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Vice President, Hr | Current |
| Berkley International, LLC | Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Vice President, Assistant Secretary & Senior Counsel | Current |
| W.R. Berkley Corporation | Senior Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Vice President, External Finance Comm | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Vice President, It Operations | Current |
| Union Standard Insurance Company | Vice President, Info Sys | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Vice President, Internal Audit | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Vice President & Senior Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Vice President & Senior Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Vice President, Investments | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Treasurer & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Vice President, Taxes | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Assistant Vice President, Corp Actuarial | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Assistant Corp Controller | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Assistant Corporate Controller, Financial Reporting | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Assistant Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Assistant Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Director | Current |
| The First Marblehead Corporation | Board of Directors | Current |
| National Football League | consultant | Former |
| Northwestern University | M.A. | Former |
| Miami University | A.B. | Former |
| Organization | Position | Status |
|---|---|---|
| Willkie Farr & Gallagher Llp | partner | Current |
| Willkie Farr & Gallagher Llp | Chairman | Current |
| The Topps Company, Inc. | Board of Directors | Current |
| W.R. Berkley Corporation | Director | Current |
| Titan Corporation | Former | |
| McCaw Cellular Communications, Inc. | Former | |
| The Topps Company, Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Director | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Director | Current |
| W.R. Berkley Corporation | Private Investor | Current |
Mary Farrell, who has more than 35 years of experience as an investment analyst and strategist, is a consultant in the financial services industry. She was formerly with UBS where she served as a managing director, chief investment strategist for UBS Wealth Management USA and co-head of the UBS Wealth Management investment strategy and research group. A frequent lecturer, she was a regular panelist on Wall Street Week with Louis Rukeyser, and was elected to its Hall of Fame in 1995. Farrell is on the boards of the W.R. Berkley Corporation, New York University Stern School of Business and the Gilman Foundation. She received her undergraduate degree from Manhattanville College and her M.B.A. from New York University?s Stern Business School.
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Board of Directors | Current |
| Yale New Haven Health System | Board of Directors | Current |
| Yale-New Haven Hospital | Board of Directors | Current |
| New York University | M.B.A. | Former |
| Manhattanville College | Undergraduate Degree | Former |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Director | Current |
| Pioneer Companies, Inc. | Chief Financial Officer | Former |
| Pioneer Companies, Inc. | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Ellinghuysen | Current | |
| SYSCO Foodservices of San Francisco, Inc. | Current | |
| Sysco Corporation | Chairman, Compensation and Stock Option Committee | Current |
| W.R. Berkley Corporation | Director | Current |
| Prudential Insurance Company of America | Executive Vice President | Former |
| Sysco Corporation | Director | Former |
| Organization | Position | Status |
|---|---|---|
| W.R. Berkley Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Blaylock & Partners LP | Chief Executive Officer | Current |
| Blaylock & Partners LP | Chairman | Current |
| CarMax, Inc. | Board of Directors | Current |
| W.R. Berkley Corporation | Director | Current |
| Blaylock & Partners LP | Founder | Former |
| Citicorp | Former |
Executive News
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W. R. Berkley Corporation Forms Berkley North Pacific Group, LLC
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W. R. Berkley Corporation Forms Berkley North Pacific Group, LLC and Announces Executive Appointment
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National Underwriter Company Announces Preliminary CFO Dialogues Participant List
Industry Transcripts by Seeking Alpha
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Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
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Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
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Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
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American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
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MBIA Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about MBI
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