Latest Markel Headlines

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

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...

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 LawsonItasca, 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 ReFairfax 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 few...