All the headlines from our Markel Topic Page, ordered by recency.
Apr 15 2003 // 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 schools, Markel has...
Feb 20 2003 // Markel American Insurance Company announced its sponsorship of Formula Racing in 2003. In addition to the sponsorship, Markel American’s Marine Division and Formula enjoy a newly enhanced relationship. Formula owners...
Nov 13 2002 // Markel Corporation announced plans for the formation of a new United States operating unit to be headed by John Latham, most recently, president of the Colony Insurance Group. This new underwriting division will be...
Oct 2 2002 // Markel International has selected Sagent’s “Ease-of-Use” to provide a new enterprise-wide data integration platform. Sagent’s announcement indicated that “Markel’s business success is...
Aug 12 2002 // Markel Corporation promoted Paul Springman to executive vice president. In his new role, Springman will assist Anthony Markel, president, in overseeing corporate operations, including North American and International...
Jun 18 2002 // Wisconsin-based Markel American Insurance Company (rated “A X” by A.M. Best) and Fireman’s Fund Insurance Company have entered into an agreement wherein Markel will acquire the rights to Fireman’s...
May 27 2002 // By and large, camp insurance is following most commercial insurance in that it is more expensive,” according to Ron Norton, a sales executive with Indiana-based K&K Insurance.While prices generally have been on...
May 27 2002 // By and large, camp insurance is following most commercial insurance in that it is more expensive,” according to Ron Norton, a sales executive with Indiana-based K&K Insurance.While prices generally have been on...
Sep 24 2001 // Fitch placed the ratings of Markel Corporation on Rating Watch Negative. The rating action reflects Fitch’s concerns that losses from the terrorists attacks in the U.S. recently as a percent of capital may ultimately...
Feb 12 2001 // The ratings on Markel Corp. and related entities were placed on CreditWatch with negative implications by S&P, which cited concerns about prospective earnings, capitalization and leverage at the holding company,...
Jan 29 2001 // Markel Corp. will offer about 16 percent of its common stock to pay off outstanding debts. The company plans to sell 1.2 million shares, including 321,000 shares being sold under the company’s previously filed shelf...
Jan 22 2001 // Standard & Poor’s has placed its ratings on Markel Corp. and related entities on CreditWatch with negative implications. These rating actions are based on Standard & Poor’s concerns about prospective...
Dec 25 2000 // The FSR of Markel International was lowered from “A” to “A-” by A.M. Best. At the same time, senior debt ratings for Markel International and Markel Corp. were lowered from “bbb+” to...
Sep 19 2000 // MarketScout is a subsidiary of Insurance Data Systems (IDS), a Dallas-based insurance e-commerce holding company. MarketScout selects just one “Best of Class” insurance company for each of its 370 industry...
Aug 31 2000 // Markel Corporation has reached an agreement in principle with Reliance Group Holdings (to acquire the renewal rights to Reliance’s Child Care book of business and certain segments of Reliance’s Social Services...
Aug 7 2000 // Markel Corp. has recently reported second-quarter losses of $17.9 million, a dramatic decrease compared to a net income of $11.9 million in the same quarter 1999. Underwriting losses at recently acquired Terra Nova...
May 1 2000 // S&P lowered its ratings on Markel Corp. and related entities. In addition, the CreditWatch with negative implications which S&P placed on the companies was removed. The counterparty credit and financial strength...
Feb 3 2000 // Markel Corporation announced record earnings from core operations for the year ended December 31, 1999, while net income decreased to $7.20 per diluted share from $10.17 per diluted share in 1998.The decrease in 1999 net...