Latest Markel Headlines
All the headlines from our Markel Topic Page, ordered by recency.
Deciphering the Texas Supreme Court’s Decision in Lennar v. Markel
Oct 1 2013 // When the Texas Supreme Court decides to look at controversial insurance coverage issues, you can assume that their decisions will never be boring. Such was the case in its Aug. 23 decision in Lennar Corp. v. Markel...
Deciphering the Texas Supreme Court’s Decision in Lennar v. Markel
Sep 23 2013 // When the Texas Supreme Court decides to look at controversial insurance coverage issues, you can assume that their decisions will never be boring. Such was the case in its Aug. 23 decision in Lennar Corp. v. Markel...
Markel Global Reinsurance Announces 2 Executive Appointments
Sep 18 2013 // Glen Allen, Va.-based Markel Corporation recently announced that its Markel Global Reinsurance division has appointed Greg Richardson as acting head of its retro property reinsurance unit. Additionally, Markel Global...
Business Moves
Sep 9 2013 // Markel Ventures, Eagle Construction Markel Ventures Inc. announced that it acquired Eagle Construction of VA LLC and its affiliated entities. The terms of the transaction were not disclosed. Markel Ventures invests in...
Berkshire Hathaway Specialty Hires Markel IT Exec as Chief Information Officer
Sep 4 2013 // Berkshire Hathaway Specialty Insurance — the recently launched commercial P/C insurance unit of Berkshire Hathaway — hired James Roser as chief information officer. He is based in Berkshire Hathaway Specialty...
Markel Ventures Acquires Eagle Construction in Virginia
Aug 16 2013 // Markel Ventures Inc. and Eagle Construction of VA LLC announced that Markel has acquired Eagle Construction and its affiliated entities. The terms of the transaction were not disclosed. Markel Ventures is a Markel Corp....
Best Affirms Alterra Capital and Subs Ratings; Outlook Stable
Aug 9 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Alterra Bermuda Limited and its affiliated operating companies, as well as...
Markel International Names Tun Senior Claims Adjuster
Jul 3 2013 // Markel International Limited has appointed Esther Tun as a senior claims adjuster. Tun joins Markel International following earlier appointments as a professional lines claims adjuster at Aspen Insurance UK Limited and at...
Markel Promotes Richardson to European Retail Claims Manager
Jul 2 2013 // London-based specialty insurer Markel International Limited has appointed Mike Richardson as European retail claims manager. Previously claims manager for Markel International’s UK retail division, a position he held...
Markel Completes Alterra Acquisition
May 1 2013 // Markel Corp. said it has completed its acquisition of Alterra Capital Holdings Limited. The closing follows receipt of regulatory approvals and votes in favor of the transaction by the shareholders of the two companies in...
Markel Appoints Chief Information Officer in Virginia
Mar 27 2013 // Richmond, Va.-headquartered Markel Corporation announced that Mike Scyphers has been promoted to chief information officer. Scyphers is an information technology industry veteran with 23 years of experience who has been...
Ratings: American Resources, Attorneys Mutual, Markel (notes), Caelus Re, National Automotive
Mar 21 2013 // A.M. Best Co. has upgraded the financial strength rating to ‘B’ (Fair) from ‘B-‘ (Fair) and issuer credit rating to “bb+” from “bb-” of Alabama-based American Resources...
Markel Enhances Tenant Discrimination Policy
Mar 18 2013 // Markel has revamped its tenant discrimination policy for property owners and managers. The newly enhanced form now offers a number of new coverage features including: extended reporting periods, expanded definitions, and...
Markel Names Falvey Director of Public Entity Product Line For West
Mar 12 2013 // Brendan Falvey was named director of the public entity product line for the Markel Corp.’s West Region. Falvey is responsible for managing existing West Coast public entity client and broker relationships and...
Hastings Joins Markel’s Professional, Financial Risks Unit; Replaces Retired Armes
Mar 12 2013 // James Hastings has been appointed managing director of Markel International’s professional and financial risks division in London. He replaces David Armes, who retired in December 2012 after more than 10 years with...
Markel and Alterra Shareholders Approve Acquisition
Feb 27 2013 // Markel Corp. and Bermuda-based Alterra Capital Holdings Limited shareholders have voted in favor of all proposals necessary for the acquisition of Alterra by Markel, as announced in December 2012. Under the terms of the...
Markel’s 2012 Q4 Profit Rises 13%; Full-Year Profit Up 78%
Feb 5 2013 // Markel Corp. reported 2012 fourth-quarter net profit to shareholders of $56.79 million, up 13.2 percent compared to $50.18 million reported in the fourth quarter of 2011. For the full-year 2012, the Glen Allen, Va.-based...
Business Moves – Southeast
Jan 14 2013 // Markel, Alterra Specialty insurer Markel Corp. agreed to acquire Alterra Capital Holdings Ltd. for $3.1 billion in cash and stock to increase its diversification and expand into reinsurance. The transaction is expected to...
Looking Back at Insurance News of 2012: The Year’s Biggest Stories
Dec 31 2012 // With less than a day left until the end of the year, here’s a look back at some of the biggest property/casualty insurance news stories in 2012 that impacted the Northeast region, in chronological order: Top Investor...
Markel Acquiring Alterra for $3.1B to Diversify, Expand to Reinsurance
Dec 19 2012 // Specialty insurer Markel Corp. has agreed to acquire Alterra Capital Holdings Ltd. for $3.1 billion in cash and stock to increase business diversification and expand into reinsurance. The two companies announced Wednesday...
