U.S. Risk Acquires American Special Risk of California
Woodland Hills, Calif.-based American Special Risk Insurance Services has been acquired by managing general agency and surplus line wholesaler U.S. Risk Insurance Group Inc.
American Special Risk is a managing general agent for professional liability and miscellaneous healthcare risks.
American Special Risk Insurance Services will become a subsidiary of U.S. Risk of California Inc. and will report to the U.S. Risk Underwriters Healthcare Division, which offers program underwriting for healthcare accounts.
The Dallas-based U.S. Risk’s healthcare product portfolio includes professional and general liability, automobile, umbrella, as well as risk management products and services. U.S. Risk also has specialty underwriting programs for entertainment, staffing, energy, parking and valet services and financial services.
- Home Insurance at $10,000 a Year Shows California Buyers’ Pain
- Allstate, Nationwide Post Dramatic Q12024 Homeowners Loss Ratio Drops: S&P
- Ryan Specialty Announces Succession Plan: Pat Ryan to Exec Chair, Turner to Be CEO
- Changes at American Coastal Insurance After Florida OIR Action on ‘No-Fly List’