StockWatch
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Property-Casualty Insurers
Management ChangeJun 10, 2026, 04:22 PM

W. R. Berkley Founder William R. Berkley Passes; Son Appointed Chairman

AI Summary

W. R. Berkley Corporation announced the passing of its founder and Executive Chairman, William R. Berkley, at the age of 80. Mr. Berkley founded the company in 1967 and was instrumental in its growth into a leading commercial insurance organization. In connection with this, the Board of Directors has appointed W. Robert Berkley, Jr., the current President and Chief Executive Officer, as the new Chairman, effective immediately.

Key Highlights

  • W. R. Berkley Corporation announced the passing of its founder and Executive Chairman, William R. Berkley, at age 80.
  • William R. Berkley founded the Company in 1967 and built it into a Fortune 500 commercial insurance organization.
  • The Board of Directors appointed W. Robert Berkley, Jr., the current President and CEO, as Chairman.
  • W. Robert Berkley, Jr. will continue to serve as President and Chief Executive Officer.