Markel Corp

Another local company acquired by Markel Ventures

For the second time in less than a month, Markel Corp.’s investment arm has acquired a majority interest in a local company. The insurer announced late yesterday that its Markel Ventures subsidiary purchased of a large stake of Diamond Healthcare Corp., which is headquartered in the Federal Reserve building downtown. Diamond, a privately held company,… Read more »

French tax credit records raise red flags

State records obtained by Richmond BizSense show that developer Justin French has received an unusually large amount of tax credits for renovating historic buildings. Several contractors said that the rehab costs reported by French in his tax credit applications are close to double the typical range.

Wrecking ball takes aim at former hotel

One of Richmond’s first modernist hotels might soon be demolished to make way for a mixed-use center, including residences for adults with developmental disabilities.

Q&A: Local biz leaders on the economy

On  Friday the VCU School of Business hosted an economic panel featuring Jeffrey M. Lacker, president of the Federal Reserve Bank of Richmond; Steven A. Markel, vice chairman of Markel Corporation; and John R. Nelson, executive vice president and chief technology officer of Altria Group. The panelists answered questions from students and fellow executives about… Read more »