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Markel American Insurance Company v. Sanford Schmidt et al
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October 17, 2024
An Illinois federal judge dismissed a Markel unit's lawsuit against a wealth manager and his companies seeking a declaration that it didn't owe coverage, according to a notice, following the insurer's request to drop the action without precedent.
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August 12, 2024
A Markel unit said it has no duty to defend or indemnify a wealth manager or his companies against underlying claims that they misled investors into financing various film projects, telling an Illinois federal court that their policy bars coverage for claims arising out of the sale of securities.