NATIONAL RETAIL SYSTEMS, INC. v. MARKEL INSURANCE COMPANY

  1. January 26, 2023

    Insurer Says Stolen Trailers Should Not Be Worth More Now

    Weeks before trial, Markel Insurance Co. told a Pennsylvania federal judge on Thursday not to allow a transportation company seeking coverage for stolen trailers to submit an extra brief supporting a motion for increased damages to account for inflation, saying the move was "procedurally and substantively defective."

  2. January 12, 2023

    Transport Co. Says Insurer Shouldn't Be Rewarded For Breach

    After years of refusing to cover dozens of trailers stolen from a transportation company, Markel Insurance Co. shouldn't be rewarded by being allowed to pay a much lower amount in damages than the losses are now worth, the company told a Pennsylvania federal court.

  3. December 12, 2022

    Insurer Challenges Transport Co.'s Theft Coverage Estimate

    Markel Insurance Co. asked a Pennsylvania federal court to find that a transportation company can't get coverage for the current market value of stolen trailers, arguing that its policy clearly establishes that the actual cash value of a loss is determined when it occurred.

  4. April 15, 2022

    Transportation Co. Wants $2.6M In Theft Coverage Suit

    A transportation company told a Pennsylvania federal court that its insurer must cover the $2.6 million current market value of its $625,000 lost assets stolen six years ago because the carrier never defined loss value clearly in its policy.