Markel to acquire VSC.

Markel, a diverse financial holding company, agreed to acquire VSC Fire & Security, a provider of comprehensive fire protection, life safety, and low voltage solutions to retailers, commercial campuses, healthcare facilities, and government properties. Financial terms were not disclosed. "VSC provides solutions that help minimize damage if something bad happens a concept we've learned a lot about over our 89 years in the insurance industry. There is no substitute for the high-quality, high-integrity work Michael and his team do, and when it comes to that work, I think we'll need more of it, rather than less, in the future," Tom Gayner, Markel Co-CEO.