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.
Topics USA Mergers & Acquisitions California
Was this article valuable?
Here are more articles you may enjoy.
First Brands Hit by $286 Million Claim for Alleged Tariffs Fraud 
Atlantic Hurricane Season Forecast Milder Than Normal Thanks to El Nino 
Florida Court Says 2020 Law Gives ‘Very Broad’ Liability Immunity to Rideshare Firms 
US P/C Insurers Post Biggest Q1 Underwriting Profit in 25 Years 
