Company Profile
Berkley Mid-Atlantic Group, LLC
Company Overview
Berkley Mid-Atlantic Group, LLC is a commercial property & casualty insurer protecting a wide range of businesses and market segments.
Our policies are issued exclusively through independent agents, who serve our insureds throughout the Mid-Atlantic region, including Pennsylvania, Maryland, Delaware, Virginia, North and South Carolina, Washington D.C. and Ohio.
We are part of the W.R. Berkley Corporation, an A+ rated (Superior) Fortune 500 company. At Berkley Mid-Atlantic Group, LLC, we combine the best of both worlds - the financial backing of a Fortune 500 company and local regional service.
Company History
Effective January 1, 2009 we began using Berkley Mid-Atlantic Group, LLC as our formal trading name rather than the less formal Berkley Mid-Atlantic Group or, in some cases, the name of our lead company Firemen’s Insurance Company of Washington, D.C.
Firemen’s Insurance Company of Washington, D.C. (“the Company”) was chartered in 1837 by a special Act of Congress of the United States of America as “The President and Directors of the Firemen’s Insurance Company of Washington and Georgetown”, a District of Columbia property and casualty insurance company. In July, 1957, the company adopted its present name, Firemen’s Insurance Company of Washington, D.C.
In 1982, the Company became a member of the W. R. Berkley Corporation (“Berkley”) holding company system. At that time, the Company merged with WRB Acquirer, Inc. and the Company remained the surviving entity. WRB Acquirer, Inc. was a wholly-owned subsidiary of Union Insurance Company, which was in turn a wholly-owned subsidiary of Berkley. The Union Insurance Company then contributed all of the issued and outstanding shares of the Company’s capital stock to another of its wholly-owned subsidiaries, Signet Reinsurance Company. In 1993, all of the other Company’s issued and outstanding shares of capital stock were transferred to Berkley, and the Company became a directly owned subsidiary of Berkley.
In 1994, the Company redomesticated from the District of Columbia to the State of Maryland. On October 19, 1994, the Maryland Insurance Commissioner approved the Articles of Redomestication and Reincorporation of the Company to the State of Maryland. Effective November 30, 1994, the Company’s Articles of Dissolution were accepted by the District of Columbia Business Regulation Administration.
According to the Company’s Articles of Redomestication and Reincorporation, the primary purposes for which the Company was formed were to transact property and casualty insurance and reinsurance business, and to engage in any other lawful related business.
In 1996, Berkley contributed 100% of the Company’s issued and outstanding stock to Berkley Regional Insurance Company (“BRIC”), a wholly-owned subsidiary of Berkley. As a result, the Company became a direct subsidiary of BRIC and Berkley remained the ultimate parent.
On January 31, 2001 the Company redomesticated from the State of Maryland to the State of Delaware with approval that the home office would be located in Richmond, Virginia.
The Company is authorized to write insurance policies covering virtually all property and casualty lines of business in the states where it holds a license.
Notable Accomplishments / Recognition
Named one of Business Insurance's "Best Places to Work" for 2010.
American Heart Association's Gold Level, Fit-Friendly Company for 2009 and 2010.