Markel Corporation reported $52.3 million for its 2011 fourth-quarter net income, down 62.8 percent from one year ago when the specialty insurer posted $140.4 million. For the 2011 full-year, Markel posted net income of $148.5 million, down 44 percent from …
Richmond, Virginia-based specialty insurer Markel Corp. is acquiring Thompson Insurance Enterprises, a national program administrator that does business as Thomco. Headquartered in Kennesaw, Georgia, Thomco manages 20 national programs including ones for medical transportation, senior living, childcare centers, fitness clubs, …
Healthcare providers insured by Markel now have access to a free DataBreach endorsement. The new endorsement covers liability resulting from a compromise of confidential patient information and the associated costs. These costs can include notification expenses, credit monitoring and data …
Markel Corporation reported $54.7 million for its third-quarter net income, down 13.4 percent from one year ago when the specialty insurer posted $63.2 million. The insurer’s result was hurt by increased catastrophe losses. The company was also adversely affected by …
Markel Corp.’s subsidiary Markel Ventures purchased a majority interest in WI Holdings, a Pennsylvania-based manufacturing firm. The companies made the announcement last week. WI Holdings is a privately held company headquartered in Bethlehem, Pennsylvania, with a division in Gainesville, Texas. …
Northbridge Insurance, which comprises the existing “broker companies” of Lombard, Markel and Commonwealth, is preparing for the combination of the three into a united brand as of January 1st, 2012. In connection with the amalgamation Northbridge announced that Jean-Francois Béliveau …
Specialty insurer Markel appointed John Termini as managing director for its environmental product line. Termini, based in Richmond, Virginia, has 20 years of insurance experience and most recently served as vice president and director of environmental liability for Aspen Specialty. …
A.M. Best has issued a series of ratings announcements relating to Canada’s Fairfax Financial Holdings and its subsidiaries. The bulletins are as follows: A.M. Best Co. has removed from under review with negative implications and downgraded the financial strength rating …
