W.R. Berkley Corp founder and Executive Chairman William R. Berkley dies at 80; son named Chairman

BERKLEY W R CORP

William R. Berkley, founder and Executive Chairman, passed away at age 80.
Board appointed W. Robert Berkley, Jr. (President and CEO) as Chairman, effective immediately.
Berkley founded the company in 1967; built it into a Fortune 500 commercial insurer.
No other leadership changes; succession plan already in place with son as CEO.

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