Filed Under:Markets, Commercial Lines

W.R. Berkley 4Q Net Income Off 7%; But Rates Firming For 2012

Update: 4:31 p.m.

NU Online News Service, Feb. 1, 12:39 p.m. EST

Greenwich, Conn.-based insurer W.R. Berkley says 2011 fourth-quarter net income was down 7 percent, but its chief executive says rate increases are taking hold and 2012 should be a better year.

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