USI News

What to Expect in Workers’ Compensation Pricing in 2018

Workers’ compensation rates in 2018 will be mixed, with some programs seeing pricing flat to down and others seeing spikes, according to a market prediction from the broker USI. In other words, market trends should continue as they did in …

USI Taps Lang as Practice Leader in Southern California

USI has named Jeff Lang practice leader for its Southern California commercial insurance division. Lang has more than 20 years of experience in property/casualty brokerage and five years as an insurance company and TPA executive. Lang was a vice president …

USI Names Lang Commercial Insurance Leader in Southern California

USI has named Jeff Lang practice leader for the Southern California commercial insurance division. Lang is based in USI’s Woodland Hills regional office. He will focus on growth strategies, client service and retention, talent acquisition and building USI’s brand in …

Canadian Private Equity Firm Onex Completes USI Acquisition

Canadian private equity firm Onex Corp. said today it has completed its previously announced acquisition of USI Insurance Services from Goldman Sachs Group’s GS Capital Partners for approximately $2.3 billion. The transaction was first announced one month ago. The price …

Onex Corp. of Canada to Acquire USI for $2.3 Billion

Canadian private equity firm Onex Corp. said today it has agreed to acquire insurance brokerage USI from Goldman Sachs Group’s GS Capital Partners private equity fund in a transaction valued at $2.3 billion. The deal is expected to be completed …

USI Acquires Georgia’s Impact Benefit Management Services

New York-based insurance broker USI Insurance Services has acquired Impact Benefit Management Services, LLC of Roswell, Georgia. USI said the acquisition is expected to contribute approximately $2.5 million in revenues an annual basis. Terms of the transaction were not disclosed. …

USI Acquires Illinois-Based Euclid Insurance Retail Business

USI Insurance Services (USI), headquartered in Briarcliff Manor, N.Y., has acquired the Euclid Insurance retail property/casualty and employee benefits division (Euclid Retail Business) from Euclid Insurance Services Inc. The Euclid Retail Business, based in Itasca, Ill., is expected to contribute …

USI Insurance Appoints Two Executives in New York

USI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., announced two additions to the New York Metro team: Robert Reers as president and Susan Fanciullo as senior vice president of operations. As president, Reers will …

USI Acquires Florida’s de la Parte Agency

Insurance broker USI Insurance Services has acquired de la Parte & Associates, a Tampa, Florida, employee benefits and insurance consulting firm. Terms of the transaction were not disclosed. Kim M. de la Parte, CEO and founder of de la Parte …

USI Insurance Acquires Ohio’s First Place Insurance Agency

New York-based USI Insurance Services has acquired substantially all of the assets of First Place Insurance Agency Ltd. (First Place Insurance) of Youngstown, Ohio, from First Place Financial Corp. USI has also entered into a marketing agreement with First Place …