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New data shows consumers increasingly switching stores, brands, and buying habits amid inflation and tariff concerns GLEN ALLEN, Va. , June 17, 2025 /PRNewswire/ -- As grocery prices continue to rise, a new national survey by RDSolutions reveals that 86% of U.S. shoppers have switched to private label products for at least some of the items they regularly purchase—underscoring growing price sensitivity amid inflation and looming global tariffs.
RICHMOND, Va. , June 16, 2025 /PRNewswire/ -- Markel Insurance, the insurance operations within Markel Group Inc. (NYSE: MKL), announced today new leadership appointments within its US Wholesale and Specialty division as part of a strategic regional realignment designed to better serve the distinct needs of its wholesale and retail distribution channels.
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Markel Group remains a Strong Buy as multiple return engines keep firing and underwriting improvements position it for stronger performance in coming years. Markel Ventures is increasingly significant, delivering robust returns and benefiting from reinvestment of retained earnings, despite occasional acquisition missteps. Markel's valuation is attractive, with recent stock underperformance not reflecting the company's fundamental progress and capital allocation discipline.
LONDON , June 11, 2025 /PRNewswire/ -- Markel Insurance, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced the launch of its InsurtechRisk+ product for insurtech businesses. The InsurtechRisk+ package contains four insuring clauses – insurance services and technology liability, directors and officers (D&O) liability, crime, and cyber liability and loss cover, which offer protection for UK, Europe, Australia, Asia and Canada domiciled businesses with limits up to GBP £10 million.
LONDON , June 9, 2025 /PRNewswire/ -- Markel Insurance, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced that it has appointed Sucheng Chang as its new Managing Director for Asia Pacific, with effect from 14 July. In his new role, Chang will head up Markel International's Asia Pacific business, which operates from its regional hub in Singapore and from offices in Australia, Hong Kong, China, India, Malaysia and Dubai.
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Markel Group is set to grow on rate increases, strategic buyouts, new business volume, solid capital position and prudent capital deployment.
RICHMOND, Va. , June 5, 2025 /PRNewswire/ -- Markel Insurance ("Markel"), the insurance operations within Markel Group Inc. (NYSE: MKL), announced today a strategic collaboration with Insurate, an innovative insurtech company specializing in the middle-market workers compensation sector.