The affiliation of Donegal Mutual Insurance Co. and Southern Mutual Insurance Co. is now in effect, in a move expected to achieve greater market penetration for Donegal in Georgia and South Carolina.

Learn how mutual insurance companies operate, their investment strategies, and how profits benefit policyholders. Explore the differences with stock insurance firms.

California Insurance Commissioner Ricardo Lara, right, talks with a homeowner upset about rising insurance rates following a legislative oversight hearing in September at Los Angeles City Hall.

OLDWICK, N.J.--(BUSINESS WIRE)--First paragraph, third sentence of release dated March 30, 2021 should read: As part of the transaction, GEICO acquired 100% of the voting shares of Republic Group No.

The U.S. Court of Appeals for the Seventh Circuit has held that a class action—which alleges Country Mutual Insurance unjustly accumulated and retained $3.5 billion in fiduciary duties and other legal ...

When an insurance company's financial distress forces it out of business in the U.S., the company does not file for ...

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa” (Superior) of the life insurance subsidiaries of Western & ...