Virginia-based Markel Corporation reported that several of its subsidiaries have received document requests or administrative subpoenas from state insurance departments related to producer compensation arrangements.
The bulletin said Markel’s management “believes these requests are part of broad surveys of industry practices and are not targeted at any particular actions of the Company’s subsidiaries. The Company will fully comply with the insurance department requests.”
Was this article valuable?
Here are more articles you may enjoy.
Judge Green Lights New York’s Driver’s License Law, Rejecting Trump Challenge 
US P/C Posts $35B YTD Underwriting Gain; By-Line Premium Growth Revealed 
Brown & Brown Files Suit Over Alleged Howden Poaching of 200+ Employees 
Verisk Pulls Plug on $2.4 Billion AccuLynx Deal After FTC Review Delay 
