Press release content from Business Wire. The AP news staff was not involved in its creation.
W. R. Berkley Corporation Declares Regular Quarterly Dividend
February 18, 2021 GMT
GREENWICH, Conn. (BUSINESS WIRE) Feb 18, 2021
W. R. Berkley Corporation (NYSE: WRB) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 12 cents per share to be paid on March 24, 2021 to stockholders of record at the close of business on March 10, 2021.
Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance & Monoline Excess. For further information about W. R. Berkley Corporation, please visit www.berkley.com.
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Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Wunderite Powers Digital-First Model for Independent Insurance Agencies
WunderiteFebruary 10, 2021 GMT
BOSTON, Feb. 10, 2021 (GLOBE NEWSWIRE) Wunderite, provider of an intuitive, customer-facing platform for independent insurance agencies, is pleased to announce a partnership with digital-first insurance agency Dremca which highlights how agencies can collaborate with insurance carriers to automate processes and deliver a more modern purchase experience for customers.
Dremca’s first product, an inland marine policy, is designed for individuals and businesses purchasing small equipment, including tractors, utility vehicles, and skid steers, and is underwritten by Acadia Insurance (Acadia), a Berkley company. Dremca’s inland marine policy is available today in Massachusetts and will soon be available in Connecticut, Maine, New Hampshire, New York, Rhode Island, and Vermont.
Press release content from Business Wire. The AP news staff was not involved in its creation.
W. R. Berkley Corporation Announces Pricing of $300 Million of 4.125% Subordinated Debentures Due 2061
February 3, 2021 GMT
GREENWICH, Conn. (BUSINESS WIRE) Feb 3, 2021
W. R. Berkley Corporation (NYSE: WRB) (the “Company”) announced today that it priced an offering of $300 million aggregate principal amount of 4.125% Subordinated Debentures due 2061 (the “Debentures”). The offering is expected to close on February 10, 2021, subject to customary closing conditions. The Company intends to apply to list the Debentures on the New York Stock Exchange under the symbol “WRB PR H.” If approved for listing, the Company expects trading of the Debentures on the New York Stock Exchange to commence within 30 days after they are first issued. The net proceeds of the offering will be used to redeem the $110 million aggregate principal amount of its 5.900% Subordinated Debentures due 2056,