Insurance

Nashville, TN, May 05, 2025 (GLOBE NEWSWIRE) — Velocity HoldCo, LLC (“Velocity” or the “Company”), the former parent company for Velocity Specialty Insurance Company (“VSIC”) and Velocity Risk Underwriters, LLC (“VRU”), announced the sale of VSIC to FM, a leading property mutual...

Maryland’s insurance regulator has announced actions to settle a long-running dispute with Erie Insurance Group over a report on the insurer’s practices involving some urban agents and their insureds. The Maryland Insurance Administration (MIA) said its...

OMAHA, Neb. — Warren Buffett shocked an arena full of his shareholders Saturday by announcing that he wants to retire at the end of the year.Buffett said he will recommend to Berkshire Hathaway’s board that Greg Abel should become CEO at the end...

“There's no question that insurance for automobiles is going to change dramatically once self-driving cars become a reality,” Jains said. “The big change that we will see is what you identify in it. Most of the insurance that is sold and bought revolves...

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LEXINGTON, KY. – Mountain Life Insurance Company is pleased to announce that it is now operational in the state of Montana. With the awarding of its latest license by the state of Montana, the company now offers its range of products to customers in 13...