State National News
Is Trampoline Install Covered by Landscapers Insurance Policy? A.I. Says Yes
Is the installation of an in-ground trampoline considered landscaping work, covered by a landscaper's liability insurance policy? Artificial intelligence programs suggest that it is. But human judges ...
Markel Subsidiary State National Will Front Tesla’s New Insurance Venture
Elon Musk's Tesla plans to launch its own insurance product for Tesla drivers, which will be fronted by Markel Corp.'s subsidiary, State National. Markel's Co-Chief Executive Officer Richard R. Whitt ...
Markel’s Fitch, A.M. Best Ratings Hold Steady After State National Acquisition News
Markel Corp.'s plan to acquire State National Companies for $919 million drew steady, neutral reaction from both Fitch Ratings and A.M. Best. Fitch Ratings responded to the July 26 acquisition ...
Markel Corp. to Snatch up State National for $919 Million
Markel Corp. will acquire State National Companies Inc. for $919 million, a deal that the Virginia-based insurer and reinsurer said will help diversify its underwriting and revenue streams. Both ...