Markel will push for ‘must-have’ rate increases in certain lines: Co-CEO Whitt
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Markel will push for ‘must-have’ rate increases in certain lines: Co-CEO Whitt

Chris DeZinno
November 02, 2022
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Current risk factors do not support price decreases in certain lines of business, Markel co-CEO Richie Whitt said during the specialty carrier’s Q3 earnings call, adding that the company was willing to walk away from inadequately priced business.

The executive said that while market conditions remain favorable across most lines, the company was disappointed to see more price competitiveness in certain lines of business.

“We

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