Latest Markel Headlines
All the headlines from our Markel Topic Page, ordered by recency.
Markel International Appoints Davies as Marine, Energy Underwriter
Jan 20 2010 // Markel International has appointed Tom Davies as liability underwriter in the insurer’s Marine and Energy Division. Davies has eight years of experience in marine and energy insurance and has spent the last six years...
Markel President Resigns
Dec 28 2009 // Virginia-based specialty insurer Markel Corp. announced that its president and chief operating officer, Paul W. Springman, has resigned. Springman had been on a leave of absence since late October, Alan I. Kirshner,...
2009 P/C Insurance Mergers, Acquisitions Large and Small
Dec 20 2009 // Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies....
Markel Acquires Majority Stake in Dredging Equipment Maker
Dec 2 2009 // Markel Ventures has acquired a majority interest in Ellicott Dredge Enterprises, LLC, a privately held company headquartered in Baltimore, Maryland that manufactures dredging equipment for both domestic and international...
One Insurer Bets on Political Campaigns While Another Drops Out
Nov 24 2009 // While one company has gotten out of the business of insuring political campaigns, another is throwing its hat in the ring. Markel Risk Solutions, based in Glen Allen, Virginia, is offering campaigns a multi-line, admitted...
Markel’s Latham Honored by NAPSLO
Oct 22 2009 // The National Association of Professional Surplus Lines Offices, Ltd. (NAPSLO) recently honored John Latham, regional president with Markel, for his contributions as an excess and surplus lines professional. He received the...
Markel Named President of VFIS
Oct 19 2009 // Troy Markel has been named president of VFIS, a division of Glatfelter Insurance Group based in York Township, Pennsylvania Markel has almost 20 years of service with VFIS, starting in 1990 as a sales and marketing...
Business Moves
Oct 19 2009 // A.J. Gallagher, Fox Lawson Itasca, Ill.-based Arthur J. Gallagher & Co. has acquired Fox Lawson & Associates LLC in St. Paul, Minn. Terms of the transaction were not disclosed. Founded in 1995, Fox Lawson &...
Best Affirms Ratings for Northbridge (Fairfax) Operating Companies
Oct 16 2009 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Markel Insurance Company of Canada, Federated Insurance Company of...
Valiant Insurance Expands with Atlanta Office
Oct 1 2009 // New York-based Valiant Insurance Group, Inc. has opened a new office in Atlanta, expanding its specialty and casualty operations. Valiant has recruited a team of primary and excess casualty professionals from Markel Corp....
Ratings Roundup: Progressive Motor, Markel (notes), Service
Sep 29 2009 // Standard & Poor’s Ratings Services today said it assigned its ‘A+’ insurance financial strength rating on Progressive Motor Insurance Co. (PMIC); however, the outlook is negative.”The rating on...
Business Moves
Sep 21 2009 // Fairfax/Odyssey Re Fairfax Financial Holdings Ltd. will sell $1 billion in stock to fund the purchase of the shares of Odyssey Re Holdings Corp. that it does not already own. Fairfax reduced its stake in the reinsurer a...
People
Sep 7 2009 // Markel Corp. has promoted Henry Lopez to president for Markel Midwest. Lopez has served as executive vice president for the Midwest region since November 2008. He joined Markel in 1995 as a financial analyst and has held a...
Markel International Names Leach Contingency Underwriter
Aug 18 2009 // London-based Markel International has appointed James Leach as contingency underwriter to develop its diverse specialty division. He joins Markel from Sirius International where he worked for two years becoming assistant...
Markel International Names Ashby as Specie Underwriter
Aug 11 2009 // Markel International has appointed Robert Ashby as specie underwriter to boost its marine and energy division. Ashby has worked for nearly a decade in specie underwriting. Most recently, he spent six years at QBE where he...
Lopez Promoted to President at Markel Midwest
Aug 7 2009 // Markel Corporation has promoted Henry Lopez to president for Markel Midwest. Lopez had been serving as executive vice president for the Midwest region since November 2008. Lopez joined Markel in 1995 as a financial...
Markel International Appoints Drake as Underwriter in Singapore
Aug 3 2009 // Markel International Limited has appointed Tom Drake as underwriter in its Singapore branch. The appointment will help Markel to develop facultative and treaty business in the property sector. Drake has more than 30...
Markel Offers New IT Professional Liability Policy Form
Jun 8 2009 // Markel Corp. introduced a new policy form for information technology professionals. The new InfoPro policy includes: — Professional liability coverage that automatically applies to broadly defined technology...
Markel International President Sees Further Growth
Mar 19 2009 // William Stovin, president and COO of Markel International, has been going in both directions since 2000. That’s the year its parent, Virginia-based Markel Corp., bought the UK and Lloyd’s insurer Terra Nova....
People
Mar 9 2009 // San Francisco-based Wells Fargo & Co. announced its management team for the combined insurance businesses of Wells Fargo and Wachovia Corp. Reporting to Dave Zuercher, group head of International and Insurance...
