May 2, 2019
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 confirmed the partnership during the company’s first quarter earnings call …
November 17, 2017
Markel Corp. has completed its previously announced acquisition of State National Companies, a specialty provider of property/casualty insurance services that operates two core businesses, program services and lender services. Markel, a Virginia-based in Virginia holding company for insurance, reinsurance and …
July 26, 2017
Markel Corp. will acquire Texas-based 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 companies’ board of directors voted unanimously to approve the deal, …