USI Insurance Services News

USI Closes Acquisition of New York’s Key Insurance & Benefits Services

USI Insurance Services (USI) announced the closing of its acquisition of Key Insurance & Benefits Services Inc., formerly part of KeyBank. Terms of the transaction were not disclosed. USI is a Valhalla, N.Y.-headquartered insurance brokerage and consulting firm delivering property …

USI Insurance Services to Acquire New York’s Key Insurance & Benefits Services

KeyBank has entered into a definitive agreement to sell Key Insurance & Benefits Services Inc. to USI Insurance Services (USI). KeyBank acquired Key Insurance & Benefits Services Inc. as part of its 2016 merger with First Niagara Financial Group. Key …

Insurers Still Assessing Damage to Historic Indiana Fieldhouse

School officials and an insurance company are still assessing the severe storm damage that one of Indiana’s historic high school gymnasiums sustained nearly a month ago. Muncie Community Schools superintendent Steve Baule says only salvage work has been done at …

USI Names Swensen P/C Practice Leader in Utah

USI Insurance Services has named Chris Swensen property/casualty practice leader for its Salt Lake City, Utah, office. Swensen has 18 years of insurance industry experience, including group captives, professional liability, workers’ compensation and property and casualty. He was previously vice …

USI Insurance Services Acquires Pennsylvania’s David M. Banet & Associates

USI Insurance Services (USI) has acquired David M. Banet & Associates Inc. (Banet), an Exton, Penn.-based leader in benefits consulting and administration, human capital management and insurance brokerage and consulting services. Banet will combine with Emerson Reid, USI’s employee benefits …

USI Acquires Employee Benefits Business from Pennsylvania’s The Hartman Group

USI Insurance Services (USI) has acquired Hartman Employee Benefits Inc. (Hartman Employee Benefits) from The Hartman Group. Hartman Employee Benefits and its employees will remain at the current Williamsport and State College, Penn., locations following the transaction. Terms of the …

USI Acquires North Carolina’s Cameron M. Harris & Co.

USI Insurance Services has acquired Cameron M. Harris & Company, an insurance brokerage firm in North Carolina. Cameron M. Harris & Company and its employees will remain at the current Charlotte location. Terms of the transaction were not disclosed. Founded …

KKR and CDPQ Announce Joint Acquisition of New York-Headquartered USI

KKR, a global investment firm, and Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor, have announced their joint acquisition of USI Insurance Services (USI), a U.S. insurance brokerage and consulting firm headquartered in Valhalla, N.Y. As …

USI Insurance Services Acquires Carolina First Associates in North Carolina

USI Insurance Services (USI) has acquired Carolina First Associates LLC, an employee benefits insurance advisor located in Hickory, N.C. This acquisition extends USI’s presence as a middle market insurance brokerage and consulting firm in the Southeast region. Carolina First Associates …

USI Insurance Services Hires Callahan in Rhode Island Office

USI Insurance Services (USI), a local and national insurance brokerage and consulting firm headquartered in Valhalla, N.Y., has hired Christopher Callahan as vice president of the employee benefits practice for the Warwick, R.I., office. In his role at USI, Callahan …