Pomerantz LLP is investigating claims on behalf of investors of Markel Corporation (“Markel” or the “Company”). The investigation concerns whether Markel and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On December 7, 2018, Markel issued a press release stating “that after having been contacted on November 30, 2018, it is fully cooperating with inquiries by US and Bermuda authorities into loss reserves recorded in late 2017 and early 2018 at Markel CATCo Investment Management Ltd and its subsidiaries.” Following this announcement, Markel’s stock price fell sharply during intraday trading on December 7, 2018.