Thomas Gayner and Richard Whitt III stand at the top of Markel, the holding company for Evanston Insurance Company. According to salary.com, these executives are each raking in over $3M annually for their “Co-CEO” positions, which includes over double their salaries in bonuses.
Upon basic internet searches of “Evanston Insurance Company Reviews” dozens of very troubling reviews appear online, some of which allege insurance fraud. Many customers of Markel’s holding business, Evanston Insurance Company, are alleging bad faith from the insurance behometh including purposeful delay tactics, refusal to defend, non-payments, and more.
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Reviews from Yelp:
Markel Corporation is a holding company for insurance, reinsurance, and investment operations around the world. Headquartered in Richmond, Virginia and founded in 1930, Markel reports its ongoing underwriting operations in three segments, and products originate from three insurance divisions and one reinsurance division.
