Posted on 14 Mar 07
U.S. Risk Insurance Group, Inc. announced that it has expanded its California operations by acquiring E.M. Morrow Insurance General Agency, Inc., in Oakland, Calif.
U. S. Risk Insurance Group, Inc. is a specialty lines underwriting manager and wholesale broker headquartered in Dallas, Tex. Operating twelve domestic and international branches, it offers a broad range of products and services through its affiliate companies which include storefront owner Lighthouse Companies, U.S. Risk Underwriters, USRisk Brokers, Professional Claims Managers, Omnisure Consulting Group, NCG Professional Risks Ltd., and NovaPro Risk Solutions, LP.
E.M. Morrow has served the California property and casualty market for 30 years, specializing in property and general liability coverages for a variety of risk. The agency's management, including principal David Barkley, will continue to operate the agency. It will become a subsidiary office of U.S. Risk of California, Inc., which does business as USRisk Brokers Insurance Services, Inc., and is headquartered in Irvine, Calif.
"E.M. Morrow is a well-established and well-respected Bay Area agency that will help expand our growing presence in California," said L.M. “Mac” Wesson, Jr., president and chief operating officer of U.S. Risk Insurance Group, Inc. "We are excited about the opportunity that this acquisition provides us to expand our footprint in California, which is U.S. Risks second largest region in terms of premium production.”
U.S. Risk's brokerage and underwriting divisions offer wholesale excess and surplus lines with a product portfolio that includes all forms of property, casualty, automobile, umbrella, professional and risk management products and services. In addition, the company specializes in healthcare liability, contractors, liquor liability, habitational, oil and gas, professional liability, aviation, product liability and financial services coverages.
For more information about Lighthouse Companies, visit their storefront at www.programbusiness.com.