Insurance Underwriter Hit With Stock Drop Suit Over Loss Revenue Reporting

(January 16, 2019, 1:46 PM EST) -- NEW YORK — A marketer and underwriter of specialty insurance products shareholder sued the company and certain of its current and former executive officers in New York federal court on Jan. 11, claiming that the defendants misrepresented the company’s failure to properly account for loss reserves at its subsidiaries in violation of federal securities laws (David Bergen v. Markel Corp., et al., No. 19-0319, S.D. N.Y.)....

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