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The latter: "the California Department of Insurance website showed Tesla was licensed as a broker to conduct business on behalf of the State National Insurance
by elijahlito 7y ago
The latter:
"the California Department of Insurance website showed Tesla was licensed as a broker to conduct business on behalf of the State National Insurance Company Inc"
(https://www.reuters.com/article/us-tesla-markel-insurance/tesla-rolls-out-insurance-in-california-idUSKCN1VI2QZ https://www.reuters.com/article/us-tesla-markel-insurance/te...)
- phonon 7y agoState National is what's known as a "fronting company" in the insurance industry. Tesla is acting in far larger role than a retail broker.