USI Purchases Mahoney & Associates
USI Holdings Corp. reported the acquisition of the Walpole, Massachusetts-based Mahoney & Associates Insurance Brokers Inc. This acquisition is expected to contribute approximately $800,000 in revenue to USI on an annual basis.
Mahoney & Associates Insurance Brokers Inc., which has been providing professional liability insurance to dentists, doctors and hospitals since 1996, will be consolidated in USI’s existing Woburn, Mass. location.
James Mahoney will become practice leader of the Professional Liability Division of the Woburn office.
Popular Today
- Adjuster Created Law Firm and Fake Claim to Defraud Insurer of $1M, Officials Charge
- All in the Family: Husband, Wife and Daughter Indicted for Insurance Fraud and Bribery
- CCC Intelligent Solutions Agrees to $6.1B Take-Private Deal with GTCR, Elliott
- Broad AI Exclusions in Insurance Policies Could Create Uncertainty, Marsh CEO Says