Latest Markel Headlines

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

People

Feb 10 2008 // The Nonprofits Insurance Alliance Group in Santa Cruz, Calif., appointed Kim Aday to vice president finance/treasurer. Aday joined the group in 1997 in the position of accountant. In early 2001, she was promoted to...

Markel Reports Another Good Year; Combined Ratio at 88%

Jan 28 2008 // Richmond, Va.-based specialty insurer Markel Corp. reported that its 2007 combined ratio was 88 percent compared to 87 percent in 2006.Comprehensive income for 2007 was $337.0 million compared to $550.8 million in 2006....

Markel American to Sell Collector Car Coverage

Jan 23 2008 // Markel American Insurance Co. introduced a new Collector Vehicle Insurance program. This program joins its other specialty personal lines, such as motorcycle and various boat products.The program provides coverage for a...

Fitch Upgrades Markel International Ratings; Affirms Corporate Ratings

Nov 16 2007 // Fitch ratings announced that it has upgraded the Insurer Financial Strength (IFS) rating of Markel International Insurance Company (MIICL) to ‘A’ from ‘A-.’Fitch also announced that it has affirmed...

Markel to Open New Onshore Energy Casualty Unit

Nov 16 2007 // Markel Global Marine & Energy Inc. (MGME) announced the planned expansion of the company’s product offerings through a new Onshore Energy Casualty Department. The new department will be open January...

Markel Global Marine & Energy Opens Ocean Marine Unit

Oct 15 2007 // Houston-based Markel Global Marine & Energy Inc. has opened a department to handle ocean marine, its newest line of business, the company reported.R. Matt Sternenberg was appointed director of Marine Underwriting and...

Markel employees build custom motorcycle

Oct 8 2007 // It’s not a secret that Waukesha, Wis.-based Markel American Insurance Co. insures motorcycles and other recreational vehicles, but it is a surprise that its employees are accomplished builders of motorcycles.The...

Wis. Markel Builds Custom Motorcycle to Raise Money for Charity

Aug 23 2007 // Waukesha, Wis.-based Markel American Insurance Co. today announced the completion of the custom board track racer style motorcycle built by Markel American Associates through its “Markel Builds Fun” project to...

Markel Global Marine & Energy Expands Onshore Property Products

Jun 13 2007 // Houston-based Markel Global Marine & Energy Inc. (MGME) announced an expansion of product capabilities in its Onshore Energy Property Division.According to the announcement. the division immediately will begin writing...

Markel 1Q: Net Income Up, Combined Ratio Down; Conference Today

May 2 2007 // Markel Corp. has reported diluted net income per share of $9.88 for the quarter ended March 31, 2007 compared to $7.67 for the first quarter of 2006.The combined ratio for the first quarter of 2007 was 87% compared to 94%...

Wis. Markel American Announces Launch of Market Boat Program

Apr 24 2007 // Markel American Insurance Co. recently announced the launch of their new Markel Boat program for insuring boats up to 26 feet in length.MAIC’s new Markel Boat program is intended to offer a wider breadth of options...

Business Moves

Mar 26 2007 // Markel, Black/White AssociatesMarkel Insurance Co. has agreed to acquire the social services program business of Black/White & Associates Insurance Brokers. The transaction is scheduled to close on April 1, 2007....

Business Moves

Mar 26 2007 // Markel, Black/White AssociatesMarkel Insurance Co. has agreed to acquire the social services program business of Black/White & Associates Insurance Brokers. The transaction is scheduled to close on April 1, 2007....

Markel Names Smith as V.P. for Marketing

Feb 28 2007 // Markel Insurance Co. has named Thomas K. “Smitty” Smith as vice president of marketing. Smith joins Markel after three years as senior vice president and managing director of the Richmond branch of Riggs,...

People and Places

Jan 29 2007 // Argonaut Group Inc., based in San Antonio, reported that Gregory M. Vezzosi has joined the organization as executive vice president and chief operating officer. Vezzosi will report to Mark E. Watson III, president and...

Markel Offers New ‘Follow Form Excess’ Product

Jan 15 2007 // Markel Underwriting Managers, Inc.’s (MUM) Environmental Division has released a new excess product.The Follow Form Excess product (FFE) will be considered when writing over accounts where MUM’s Environmental...

Tony Markel Comments on Lloyd’s

Jan 10 2007 // Tony Markel, president and COO of Markel Corporation, has expressed his satisfaction at the progress Lloyd’s has made and the London market’s current strong financial condition.In a comment on the Lloyd’s...

Markel Global Marine & Energy Launches Onshore Energy Property Division

Jan 10 2007 // Houston-based Markel Global Marine & Energy Inc. (MGME) has launched a new division, Onshore Energy Property, the company announced.Established Nov. 1, 2006, this new division will handle onshore property,...

People and Places

Dec 25 2006 // Members of the National Association of Insurance Commissioners elected 2007 officers during the group’s winter meeting in San Antonio, Texas.NAIC named Alabama Insurance Commissioner Walter Bell president, Kansas...

People and Places

Dec 25 2006 // Members of the National Association of Insurance Commissioners elected 2007 officers during the group’s winter meeting in San Antonio.Alabama Insurance Commissioner Walter Bell was named president, Kansas Insurance...