BER Berkley W R Cp

Protects the Personal Assets of Individual Directors ROLLING MEADOWS, Ill., Dec. 12 /PRNewswire/ -- Monitor Liability Managers, Inc. (Monitor), a member company of W. R. Berkley Corporation (NYSE:BER), announces the launch of a new Independent Director Liability (IDL) Insurance policy that provides individual protection to independent directors. (Logo: http://www.newscom.com/cgi-bin/prnh/20050901/CGTH055) The new IDL policy, underwritten by Monitor on behalf of certain of W. R. Berkley Corporation's insurance company subsidiaries, protects the personal assets of an individual, independent director of a publicly traded, privately held or nonprofit organization. Unlike policies with limits shared across an entire board of directors, or a group of independent directors, the IDL policy is written to cover an individual. Each independent director may obtain his or her own policy and limit of liability. According to Monitor's Joseph Haltman, vice president -- underwriting, Directors and Officers Liability, "It is not uncommon for the Directors and Officers (D&O) limits covering a group of board members to become exhausted defending, for example, an SEC claim. The IDL policy offered by Monitor is dedicated to providing additional wealth security and protection for the personal assets of the individual, independent director. This policy may respond even in cases when the D&O insurance purchased by an organization is rescinded, its carriers become unwilling or unable to pay, or assets of the organization are frozen in bankruptcy proceedings. The IDL protection puts independent directors in greater control of their own financial security." For more information about Monitor's Independent Director Liability Insurance, please contact David Aller at or (800) 446-2100, extension 502. Coverage under any IDL policy is specifically governed by its terms and conditions. About Monitor Liability Managers, Inc. Monitor Liability Managers, Inc. is a member company of W. R. Berkley Corporation, operating nationally as an underwriting management company specializing in professional liability insurance. Monitor issues policies through several W. R. Berkley Corporation insurance company subsidiaries, including Admiral Insurance Company and Nautilus Insurance Company, both rated A+ (Superior) by A.M. Best, and Carolina Casualty Insurance Company, rated A (Excellent) by A.M. Best. Web site: http://www.monitorliability.com/. http://www.newscom.com/cgi-bin/prnh/20050901/CGTH055 http://photoarchive.ap.org/ DATASOURCE: Monitor Liability Managers, Inc. CONTACT: Valerie Foster of Monitor Liability Managers, Inc., 1-800-446-2100, ext. 637, Web site: http://www.monitorliability.com/

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