Latest Markel Headlines

All the headlines from our Markel Topic Page, ordered by recency.

Markel Completes Acquisition of Aspen, FirstComp

Oct 18 2010 // Markel Corp. has completed the previously announced acquisition of Aspen Holdings, Inc., a privately held insurance group that provides workers compensation insurance and related services, principally to small businesses,...

Markel International further expands bloodstock, livestock business

Oct 18 2010 // Markel International will further expand its bloodstock and livestock business with the acquisition of the renewal rights of the bloodstock and livestock book currently written by Talbot Underwriting Ltd. Sophie Dunkerley...

Business Moves

Oct 18 2010 // IMS, London American Risk SpecialistsIMS Insurance Market Solutions acquired Houston-based London American Risk Specialists Inc. effective Sept. 1, 2010. The combined entity will become IMS/London American and will be one...

Markel Launches Markel Management Liability

Oct 8 2010 // Markel Corporation has introduced Markel Management Liability, an integrated suite of coverages including directors’ & officers’ liability, employment practices liability, and fiduciary liability. The...

Business Moves

Oct 4 2010 // Markel, HiscoxInsurer Markel has acquired the rights to American Live Stock, the animal mortality business of Hiscox Insurance Co. Terms of the deal were not disclosed. The transaction, which includes the rights to the...

Business Moves

Oct 4 2010 // Markel, HiscoxInsurer 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...

Business Moves

Oct 4 2010 // Markel, HiscoxInsurer Markel acquired the rights to American Live Stock, the animal mortality business of Hiscox Insurance Co. Terms of the deal were not disclosed. The transaction includes the rights to the American Live...

People

Sep 20 2010 // Former AIG Chief Executive Officer Martin Sullivan, who was ousted three months before the U.S. government bailed the insurer out, is joining Willis Group Holdings PLC.Sullivan will head a new unit – Willis Global...

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 1....

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 MutualLiberty 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 AmericanWestern 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 separate...

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 businesses...

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...