Glen Allen, Va.-based Markel Insurance is asking a federal judge to rule that it does not have to pay for the defense of lawsuits or potential damages stemming from the actions of a Pennsylvania attorney and others in a “kids for cash” lawsuit.

Markel Insurance was selected by Boys & Girls Clubs of America (BGCA) to operate as the exclusive carrier for a countrywide property-casualty insurance program to help the organization control costs and more readily obtain optimal coverage.

Ten of the largest health insurers covering students – including Aetna and UnitedHealthcare – were recently subpoenaed in an ongoing investigation into what the New York Attorney General’s Office says is inferior coverage at colleges in and around the state.

Markel Corp. announced that its president and chief operating officer, Paul W. Springman, has taken a leave of absence.

Richmond, Va.-based Markel Insurance Co. is launching a Management Value Protection product for nonprofit policyholders.

Weak performance, caused by soft pricing and accident-year loss ratios, cost Virginia-based Markel Corp. a notch on its ratings outlook.

Standard & Poor’s Ratings Service, one of several that rates insurance …  Read →

Markel Corp., the Richmond, Va.-based specialty property-casualty insurer, released its new InfoPro policy form targeted to information technology professionals.

“Our new coverage features target the type of exposures an IT professional …  Read →

Recognizing in part its “well-established market position as a leading excess and surplus lines company,” A.M. Best has reaffirmed the ratings of Glen Allen, Va.-based Markel North America Insurance Group …  Read →

A coalition of 14 major U.S.-based insurance groups is touting the benefits of proposed legislation to close a loophole allowing foreign-based insurers to strip income into tax havens.

The Coalition For …  Read →