Latest Markel Headlines
All the headlines from our Markel Topic Page, ordered by recency.
Markel Acquiring Equine and Livestock Business From Hiscox
Sep 14 2010 // Insurer Markel has acquired the rights to American Live Stock, the animal mortality business of Hiscox Insurance Co.. Terms of the deal were not disclosed, but the companies said it would close the transaction by October...
Markel Promotes Latham and Girard
Sep 1 2010 // Markel Corp. announced that it has promoted John Latham to president, wholesale division, and Steve Girard has been promoted to executive vice president, southeast regional operations. Latham will continue to oversee...
S&P Affirms Markel’s ‘BBB’ Ratings; Outlook Negative
Aug 26 2010 // Standard & Poor’s Ratings Services has affirmed its ‘BBB’ unsolicited counterparty credit rating on Markel Corp. However, S&P said the “outlook on Markel remains negative.” Credit...
Markel Underwriting Loss Tied to Chile Earthquake, Deepwater Horizon
Aug 9 2010 // Specialty insurance company Markel Corp. reported that its combined ratio for the second quarter of 2010 was 103 percent, compared to 99 percent for the second quarter of 2009. The combined ratio was 102 percent for the...
Business Moves
Aug 2 2010 // Liberty Mutual Liberty Mutual Group has reorganized its commercial property, casualty and specialty lines insurance units as well as claims and loss control services for the insurer’s national accounts and mid-sized...
Business Moves
Aug 2 2010 // Western National, Wisconsin American Western National Insurance Group has finalized its affiliation with Wisconsin American Mutual Insurance Co. of Fond du Lac, Wis. Wisconsin American will continue to operate as a...
Business Moves
Aug 2 2010 // Markel, Aspen Holdings (FirstComp) Specialty insurer Markel Corp. has struck a deal worth at least $135 million to acquire Aspen Holdings, which sells workers’ compensation under the name FirstComp to small...
Markel to Acquire Workers’ Compensation Insurer FirstComp
Jul 15 2010 // Specialty insurer Markel Corp., has struck a deal worth at least $135 million to acquire Aspen Holdings, which sells workers’ compensation under the name FirstComp to small businesses in 31 states. Aspen, which is...
Markel, ProSurance to Offer Fidelity Insurance Program
Jul 12 2010 // Markel Programs has partnered with ProSurance Group, Inc., a managing general agency, to offer a new, monoline commercial Fidelity insurance program. Commercial crime coverage is currently available countrywide on an...
In Memoriam: Markel Insurance Services’ Ryburn
Jul 6 2010 // Insurance industry veteran Walter B. Ryburn has died, following a six-month battle with cancer. Ryburn has been in the insurance industry in Los Angeles since the 1960s. He was most recently with Markel Insurance Services,...
Best Affirms Ratings of Markel’s Lloyd’s Syndicate 3000
Jul 1 2010 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and the issuer credit rating of “a+” of Lloyd’s Syndicate 3000, both with stable outlooks. The ratings reflect...
Best Upgrades Markel International’s Issuer Credit Rating
Jul 1 2010 // A.M. Best Co. has upgraded the issuer credit rating to “a+” from “a” and affirmed the financial strength rating of ‘A’ (Excellent) of UK-based Markel International Insurance Company...
Markel International Launches New Trade Credit Division at Lloyd’s
May 26 2010 // Markel International, a subsidiary of Markel Corp. that operates in the Lloyd’s market, has launched a new trade credit division. Ewa Rose, who joined Markel earlier this year, has been named as managing director of...
People
Apr 5 2010 // Accident Fund Insurance Company of America, based in Lansing, Mich., appointed Lisa Riddle the new vice president of Claims and Medical Operations. In her new role, Riddle is responsible for the strategic direction of...
Grove Named Chief Operating Officer, Markel Specialty
Mar 24 2010 // Markel Corporation promoted Timberlee Tamraz Grove to chief operating officer of Markel Specialty. In addition to her new role, she will remain president of Markel American Insurance Company in Pewaukee, Wis. As COO, Grove...
Markel, Towing Contractors Renew Insurance Partnership
Mar 11 2010 // Markel has renewed its partnership with the Independent Garage & Towing Contractors, Inc. (IGTC) to administer a tailored insurance program for tow truck companies and to work with local agents to arrange an insurance...
Markel Enhances Manufactured Home Program; Offers Web Servicing
Mar 5 2010 // Markel American Insurance Co. has released an enhanced Manufactured Home Program with new coverage options. Also, the program can now be managed on Markel’s Web-based policy administration system, MAGIC. The...
Markel Swings to Fourth-Quarter Profits
Feb 5 2010 // Virginia-based specialty insurer Markel Corp. posted profits of $93.7 million in the fourth quarter, a positive swing from the $32.6 million loss the company saw in the same period last year. For the full year, Markel...
Markel Selects Wilson to Direct International Development
Jan 25 2010 // Markel International has appointed Simon Wilson to the role of director, international development. He joins Markel International from Lloyd’s. For the last three years, he was Lloyd’s general representative in...
People
Jan 24 2010 // Zenith National Insurance Corp. has hired Janet Frank as president and chief operating officer of the workers’ compensation writer’s principal operating subsidiary, Zenith Insurance Co. She will also be an...
