A.M. Best Comments on Credit Ratings of Markel Corporation Following Announced Acquisitions of State National Companies, Inc. and Costa Farms

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has commented that the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” of Markel Corporation (Markel) [NASDAQ:MKL] (Glen Allen, VA) is unchanged following the announcement today of the company’s planned acquisitions of State National Companies, Inc. [NASDAQ:SNC] (State National) and Costa Farms, a non-insurance entity being acquired by Markel’s Markel Ventures subsidiary. All Long-Term Issue Credit Ratings of Markel and all Financial Strength R