A Markel Group Inc. insurance unit agreed to settle its dispute with a St. Louis securities broker-dealer over coverage for arbitration proceedings concerning faulty investment advice.
Evanston Insurance Co. and Saxony Securities Inc. filed a joint voluntary dismissal in the US District Court for the Eastern District of Missouri Thursday.
- Evanston sued Saxony in August 2024, seeking a ruling that an arbitration claim against Saxony wasn’t covered by its directors and officers policy.
- The parties agreed to a “full and final voluntary settlement,” they said in the Thursday filing.
Franke Schultz & Mullen PC represents Evanston. Baker, Donelson, Bearman, Caldwell ...
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