Risk selection key in commercial auto: Berkley

Opportunities remain in commercial auto but risk selection is
pivotal amid rising jury awards, according to WR Berkley CEO Robert
Berkley.
Speaking on a conference call with analysts following WR
Berkley's first quarter results, the executive noted that net
premium growth in commercial auto at the firm was 4 percent during
the first three months.
That growth was broadly driven by rate increases, with overall
exposure actually falling, he explained.
There are other carriers also raising rates and