NEW YORK--An advocate of legislation to revise tax rules that some U.S. insurers say favor Bermuda insurance companies with U.S. subsidiaries over their own companies, predicted such a measure could be considered by federal lawmakers this year..

William Berkley, chair and chief executive of W.R. Berkley Group in Greenwich, Conn., also said that if such legislation isn't passed, U.S.-domiciled companies will be forced to move.

Mr. Berkley, responding to questions about his leadership of a 17-member coalition seeking changes in taxes for offshore entities during a media briefing this week, said it would not surprise him if the legislation was not introduced shortly. He explained that the change in law coalition members are seeking will focus on "only one thing."

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