A push into new coverages helped Greenwich property-casualty insurer W. R. Berkley Corp. post higher profits in the second quarter.
Berkley said it earned $110 million, or 70 cents a share, in the three months ended June 30, up from $97 million, or 59 cents a share, a year ago.
Chairman William R. Berkley said the insurer benefitted from stable pricing to boost premium income 5.5 percent, with new coverages offsetting declines in its established markets.
