Why Shares of W. R. Berkley Corporation Are Falling Today
Shares of commercial property and casualty insurer W.R. Berkley Corporation (NYSE: WRB) traded nearly 10% lower as of 12:51 p.m. ET today after the company reported earnings results for the first quarter of 2023. W.R. Berkley reported diluted earnings per share of $1.06 on total revenue of close to $2.9 billion in the first quarter.