January 26, 2023
Weeks before trial, Markel Insurance Co. told a Pennsylvania federal judge on Thursday not to allow a transportation company seeking coverage for stolen trailers to submit an extra brief supporting a motion for increased damages to account for inflation, saying the move was "procedurally and substantively defective."
January 12, 2023
After years of refusing to cover dozens of trailers stolen from a transportation company, Markel Insurance Co. shouldn't be rewarded by being allowed to pay a much lower amount in damages than the losses are now worth, the company told a Pennsylvania federal court.
December 12, 2022
Markel Insurance Co. asked a Pennsylvania federal court to find that a transportation company can't get coverage for the current market value of stolen trailers, arguing that its policy clearly establishes that the actual cash value of a loss is determined when it occurred.
April 15, 2022
A transportation company told a Pennsylvania federal court that its insurer must cover the $2.6 million current market value of its $625,000 lost assets stolen six years ago because the carrier never defined loss value clearly in its policy.