USI Insurance Services (USI) News

Nurre Named President, Employee Benefits in USI’s Cincinnati Office

Insurance brokerage, USI Insurance Services (USI), has appointed David A. Nurre president, employee benefits for the Cincinnati, Ohio, office. As president, Nurre is responsible for the growth and overall performance of the business unit. Nurre has more than 17 years …

USI Acquires MVB Insurance in West Virginia

MVB Financial Corp. has sold all of the assets of its wholly-owned subsidiary, MVB Insurance, LLC in Fairmont, W. Va., to USI Insurance Services LLC. MVB Insurance will retain the assets related to, and continue to operate, its title insurance …

USI Appoints Escobedo Senior Sales Executive in Salt Lake City

USI Insurance Services (USI) named Mark Escobedo as senior sales executive in its Salt Lake City office. In this role, Escobedo is responsible for managing the costs and coverages of property/casualty portfolios for a wide range of Utah companies. He …

USI Insurance Services Acquires Hanratty & Associates in Minnesota

USI Insurance Services (USI) has acquired Hanratty & Associates Inc., headquartered in Plymouth, Minn. Hanratty & Associates has been providing employee benefits and consulting for nearly 40 years. The employees will remain at the company’s current Plymouth location. Terms of …

USI Insurance Services Acquires Forrest Sherer Insurance in Indiana

USI Insurance Services (USI) has acquired Forest Sherer Insurance Inc. (Forrest Sherer) from First Financial Corp. Headquartered in Terre Haute, Ind., Forrest Sherer has been providing property-casualty, employee benefits and personal risk services for more than 90 years. The employees …

USI Insurance Services Acquires Florida-Based Best Insurance

USI Insurance Services has acquired Best Insurance, located in Tamarac, Fla. Best Insurance offers a range of personal insurance products, including homeowners, automobile, motorcycle, boat and watercraft, to customers in Florida, Georgia, North Carolina and South Carolina. Terms of the …

USI Insurance Acquires Healthcare Liability Solutions in Houston

USI Insurance Services (USI) has acquired Healthcare Liability Solutions LLC (HLS), located in Houston, Texas. HLS is a property and casualty brokerage firm dedicated to customizing insurance programs for healthcare organizations and providers specializing in professional liability insurance. Terms of …

USI Acquires El Paso’s Alexander & Assoc. Insurance Services

USI Insurance Services (USI) has acquired the property/casualty business of Alexander & Associates Insurance Services LLC (Alexander & Associates) in El Paso, Texas. The Alexander & Associates team, including Jay D. Alexander, Alexander & Associates’ president, will join USI’s El …

Bad Companies Feel Shake-Out in Energy Sector the Most

While the per barrel oil price has rebounded somewhat after it plunged to under $45 per barrel in March 2015, the energy industry — and by extension the energy-focused insurance sector — continues to adjust to the impact of the …

USI Insurance Services Launches Builder’s Risk Program

USI Insurance Services has launched a new builder’s risk program that provides broader coverage for all project types and sizes, with capacity for frame and renovation projects, including catastrophic perils. This is designed to be an alternative for owners and …