secwatch.observer — SEC 8-K summary
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Issuer:     BERKLEY W R CORP (WRB)
CIK:        0000011544
Form:       8-K
Filed at:   2021-11-12T23:59:59+00:00
Accession:  0000899140-21-000723
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

W.R. Berkley amends deferred comp plans; adds fund investments and rabbi trust
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- Board approved amendment/restatement of Officer and Director deferred comp plans effective Dec 1, 2021.
- Deferrals switched from notional interest rate to deemed investment in selected funds.
- Company authorized a rabbi trust to accumulate assets for plan liabilities; trust assets remain subject to creditors.
- Eligible officers and directors may resume elective deferrals starting Jan 1, 2022.
- Officer plan eligibility: base salary >= $250k; 2021 deferrals prohibited; 2022 elections open.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/11544/000089914021000723/0000899140-21-000723-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/11544/000089914021000723/w47655837a.htm
  HTML page:      https://secwatch.observer/filing/0000899140-21-000723

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