U.S. Risk Insurance Group Acquires Business Assets of Ore. Company

June 12, 2002

U.S. Risk Insurance Group has acquired the business assets of J.G. Newman Co. in Portland, Ore. The agency will continue doing business as J.G. Newman Co. with an additional emphasis on expanding its underwriting and brokerage facilities.

“We are proud to be associated with a company that possesses this integrity and tradition,” Mac Wesson, president and COO of U.S. Risk Insurance Group, commented. “Combining the market resources and infrastructure of U.S. Risk with the local knowledge and experience of J.G. Newman Co. will greatly enhance customer relationships.”

U.S. Risk is currently comprised of seven divisions located throughout the United States which include U.S. Risk Brokers, Inc., U.S. Risk Underwriters, Inc., U.S. Risk Financial Services, Inc., Professional Claims Managers, Inc., OmniSure Consulting Group, Inc., Jean Deal and Associates, and Independent Premium Finance Holdings, L.L.P.

Topics USA Mergers

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