Posted by & filed under General.

Post Content

Berkley Human Services is a member of W. R. Berkley Corporation (“W. R. Berkley”). W. R. Berkley is a publicly traded company that is listed on the New York Stock Exchange and is headquartered in Greenwich, Connecticut. Founded in 1967, W. R. Berkley currently employs over 7,000 people.

Did you know that W. R. Berkley is a member of the Fortune 500 and S&P 500 Index and that its insurance company subsidiaries are rated A+ by A.M. Best?

Fortune 500

The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along with privately held companies for which revenues are publicly available. As of 2019, the Fortune 500 companies employ a total of 28.7 million people worldwide. W. R. Berkley is currently ranked at 397.

S&P 500

On December 5, 2019, W.R. Berkley was added to the S&P 500 Stock market index. The S&P 500 stock market index, maintained by S&P Dow Jones Indices, comprises 505 common stocks issued by 500 large-cap companies and traded on American stock exchanges (including the 30 companies that comprise the Dow Jones Industrial Average), and covers about 80 percent of the American equity market by capitalization. The index is weighted by free-float market capitalization, so more valuable companies account for relatively more of the index. The index constituents and the constituent weights are updated regularly using rules published by S&P Dow Jones Indices. Although the index is called the S&P “500”, the index contains 505 stocks because it includes two share classes of stock from 5 of its component companies.

AM Best

AM Best is a credit rating agency that focuses on the insurance industry. It issues credit rating based upon the insurance company’s financial stability. Currently, W. R. Berkley’s insurance company subsidiaries are rated A+ (Superior) by AM Best, indicating they have a superior ability to meet their ongoing insurance obligations.

Berkley Human Services would like to thank all of our agents and partners for their continued trust and we look forward to a successful 2020.