Latest Markel Headlines
All the headlines from our Markel Topic Page, ordered by recency.
Markel American Insurance Teams with Elton Porter Marine on Ultra High Performance Program
Apr 21 2005 // Markel American Insurance Company (rated “A (Excellent), XII” by A.M. Best) has teamed up with Elton Porter Marine Insurance Agency to offer a new Ultra High Performance Program. This program provides hull and...
Markel Unveils New Program for B&B’s, Country Inns
Feb 9 2005 // Markel Insurance Company announced a new program specifically designed to meet the unique insurance needs of B&Bs and country inns. This specialty lodging niche is reportedly experiencing heavy growth, with about...
Markel Announces Management Changes
Jan 13 2005 // Markel Corporation in Richmond, Va. announced that effective at its next annual meeting, May 23, 2005, Darrell D. Martin will hand over the role of chief financial officer while continuing on a reduced time basis to assist...
Markel Acknowledges Receipt of Subpoenas
Nov 16 2004 // Virginia-based Markel Corporation reported that several of its subsidiaries have received document requests or administrative subpoenas from state insurance departments related to producer compensation arrangements. The...
People & Places
Nov 8 2004 // Robert Loiselle At the Independent Insurance Agents of Rhode Island’s (IIARI) Annual Convention in Newport, R.I., recently, Robert Loiselle was named as the newest recipient of the esteemed Carleton I. Fisher Award....
Breeden Named CTO at Markel Corp.
Oct 20 2004 // Rusty Breeden has been named chief technology officer (CTO) of Virginia-based Markel Corporation, a provider in specialty insurance. Breeden has more than 25 years of experience in the development and deployment of...
Markel Estimates $80 Million in Hurricane Losses
Oct 4 2004 // Richmond, Va.-based Markel Corporation announced that on the basis of currently available information its estimated pre-tax net losses, including reinstatement premiums, from Hurricanes Charley, Frances, Ivan and Jeanne...
ISO’s Intellicorp, Markel Join Forces for Criminal Background Checks of Employees, Volunteers
Sep 30 2004 // IntelliCorp Records Inc., a nationwide provider of pre-employment screening services, and Markel Insurance Company have teamed up to provide camps, childcare centers, private schools and social service agencies with...
Best Affirms Ratings of Markel’s Lloyd’s Syndicate
Sep 9 2004 // A.M. Best Co. announced that it has affirmed its Syndicate Rating of “A” (Excellent) of Lloyd’s Syndicate 3000, which is managed by Markel Syndicate Management Ltd. Best also affirmed the...
Best Assigns ‘bbb’ Debt Ratings to Markel Notes
Aug 20 2004 // A.M. Best Co. announced that it has assigned a debt rating of “bbb” to Markel Corporation’s $200 million 7.35 percent senior unsecured notes, due in 2034. “The proceeds from this offering will be...
Best Affirms Markel International ‘A-‘ Rating
Aug 10 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of Markel International Insurance Company Ltd. (MIICL) (United Kingdom) and reaffirmed a stable outlook. “The...
Best Affirms Markel’s Strength and Debt Ratings
Jun 30 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) of Markel North America Insurance Group and its debt ratings of “bbb” and “bb+” on Markel...
Markel American Insurance Company Appoints Conroy as Marine Director
Mar 8 2004 // Pewaukee, Wis.-based Markel American Insurance Company announced the appointment of Thomas Conroy to marine director. Conroy, who joined Markel American in 1989, has long been committed to the marine industry and insurance...
Markel North America Affirmed
Nov 17 2003 // Fitch Ratings has affirmed the “A” insurer financial strength ratings of the members of the Markel North America insurance group. It also affirmed the group’s “BBB-” long-term issuer rating...
Fitch Affirms Markel’s ‘A’ IFS Rating; ‘BBB-‘ Debt Rating
Oct 31 2003 // Fitch Ratings announced that it has affirmed the ‘A’ insurer financial strength ratings of the members of the Markel North America insurance group. It also affirmed the group’s ‘BBB-‘...
Markel Confirms Q3 Loss; 9 Month Profit
Oct 29 2003 // Virginia-based Markel Corporation confirmed the estimates it gave on Oct. 22 that it would suffer a third quarter loss (see IJ Web site Oct. 23). It reported a net loss of $1.68 per diluted share for the quarter ended...
S&P Affirms Markel Corp. Ratings; Revises Outlook to Stable
Oct 24 2003 // Standard & Poor’s Ratings Services announced that it has affirmed the BBB- counterparty credit rating BBB- senior unsecured debt rating and BB preferred stock rating on Markel Corp. (MKL), but has revised its...
Markel’s Q3 Results to be Impacted by Increase in Loss Reserves
Oct 23 2003 // Markel Corporation announced that its third quarter results will be impacted “by increases in loss reserves for asbestos and environmental exposures ($55 million) and increases in prior years’ loss reserves for...
Outlook Stable for Markel
Oct 6 2003 // Moody’s Investors Service affirmed Glen Allen, Va.-based Markel Corp.’s “Baa3” senior debt rating and “A3” insurance financial strength ratings at its U.S. insurance entities. The...
Private Schools
Aug 4 2003 // Nuts & Bolts: Markel Insurance Company, a subsidiary of Markel Corporation, announced the expansion of its coverage of private schools. Long in the business of providing insurance for Montessori and K-8 private...
