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Springman, on leave, resigns from Markel Corp.
Markel Corp. said Paul W. Springman has resigned as the Richmond, Va.-based specialty insurer’s president and CEO, effective Jan. 1. Springman, who has been on a leave of absence since late October,...
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2010 IIAV Annual Convention slated for June 20-23
The Independent Insurance Agents of Virginia has scheduled its 2010 Annual Convention for June 20-23 at the Virginia Beach Hilton. The keynote speaker for June 21 will be Michael Crowley, president of...
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Markel Corp. streamlines succession with new management structure
Markel Corp. announced a new management structure that the company said allows for future succession among its leaders, including the creation of a new Office of the President. The Richmond, Va.-based...
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Markel Corp. to add workers’ comp. sales with $135 million acquisition
Markel Corp. is acquiring Aspen Holdings, a privately held insurance group that provides workers’ compensation insurance, for about $135 million. Omaha, Neb.-based Aspen serves small businesses in 31...
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With more mergers and acquisitions, insurance industry shows new life
The number of insurance industry mergers and acquisitions has jumped in the last few months, after two years of minimal activity. Consider that in the last few weeks: Markel Corp. said it would acquire...
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Markel Corp.’s CEO Kirshner taking leave for medical treatments
Markel Corp., a Richmond, Va.-based specialty insurance marketer and underwriter, announced today (Nov. 29) that its chairman and chief executive “may be absent” from the corporate offices for two...
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Markel buys majority interest in Richmond-based behavioral health firm
Markel Corp. has acquired a majority interest in a privately held behavioral health management firm located in its back yard in Richmond, Va. The Markel Ventures subsidiary of the Richmond, Va.-based...
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Markel buying THOMCO in what is called ‘win for both parties’
Richmond, Va.-based Markel Corp. is acquiring Thompson Insurance Enterprises, which operates as THOMCO, a privately held program administrator underwriting multi-line, industry-focused insurance...
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Markel Corp. completes THOMCO acquisition
Richmond, Va.-based Markel Corp. said it completed its acquisition of Thompson Insurance Enterprises, which operates as THOMCO. Financial terms of the deal, announced in December 2011, were not...
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Va. insurer’s subsidiary continues ‘buy, build and hold’ growth plan
Correction: Corrected name of Havco. Updated May 3, 2012, at 3:39 p.m. ET A non-insurance subsidiary of Markel Corp. acquired a majority interest in a manufacturer of wood for truck assembly that...
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