Pronouncements by analysts about soft casualty insurance prices are based on inaccurate broker surveys and are overblown, a top insurer told the Annual Executive Conference for the Property-Casualty Industry. “The pricing pressure is not as severe as what’s being reported,” according to William Berkley, chairman of W.R. Berkley Corp. “I think we’ve got a lot of people crying wolf right now.”

Mr. Berkley directed his “wolf” comments toward V.J. Dowling, managing partner of Hartford-based Dowling & Partners Securities, who participated with Mr. Berkley on the opening panel of the 18th Annual Executive Conference for the Property-Casualty Industry (owned by National Underwriter’s parent company).

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