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...value of property. Insurers and reinsurers each have a maximum limit per loss....

Put U.S. Risk to work for you. We have the product expertise, speed to market and commitment to service you can rely on. ABOUT U.S. RISK U. S. Risk Insurance Group, Inc. is a specialty lines underwriting manager and wholesale broker headquartered in Dallas, TX.  Operating 11 domestic and international branches, it offers a broad range of products and services through its affiliate companies, which include U.S. Risk Underwriters, U.S. Risk Brokers, Professional Claims Managers, Oxford Insurance Brokers Ltd. (London), Advocate Reinsurance Partners and Unisource Program Administrators. U.S. RISK BROKERS Formerly Jarrett Insurance Brokers, U.S. Risk Brokers has operated continuously since the late 1960's. As a wholesale excess and surplus lines insurance brokerage firm, U.S. Risk Brokers employs over 50 brokers and represents more than 100 companies countrywide. The diversity of U.S. Risk's product portfolio is unequaled in the wholesale brokerage community. Offering all forms of property, casualty, automobile, umbrella, professional and risk management products and services, U.S. Risk Brokers can secure insurance coverage for virtually any type of business. In addition to all types of general insurance, the brokerage divisions specialize in healthcare liability, contractors, liquor liability, habitational, oil and gas, professional liability, aviation, products liability and financial services coverages. U.S. RISK UNDERWRITERS Organized in 1985, U.S. Risk Underwriters originated as an underwriting manager for miscellaneous errors and omissions and non-profit directors and officers insurance. Based in Dallas, TX, U.S. Risk Underwriters presently has underwriting authorities for companies including; Lloyd's of London, Scottsdale, Markel, Colony, General Star, Chubb Custom, and Hartford. U.S. RISK FINANCIAL SERVICES Building solid, professional relationships is the foundation of success. U.S. Risk Financial Services, Inc. is committed to this concept and consider it one of the most significant aspects of our business as a service to our agents and their clients. This personalized approach offers an entirely new level of service to our network of agents which is not available from other industry sources. The team at U.S. Risk Financial Services is staffed with internationally known specialists who have focused on the financial services industry throughout their careers. The team includes individuals with experience in various aspects of this very technical industry including: Risk Management; Bond/D&O/E&O Underwriting; Accounting/Auditing; Wholesale and Retail Brokerage; Managing General Agents; The FDIC Department of Liquidation; Loss Prevention/Internal Controls; and the Federal Reserve Bank.

Parking companies need insurance that protects all aspects of their operations. ArmorPark’s liability policy form is tailored to meet the unique needs of parking companies—combining Commercial General Liability and Garage Keepers Legal Liability with extended coverages necessary to this class of business. ABOUT U.S. RISK U. S. Risk Insurance Group, Inc. is a specialty lines underwriting manager and wholesale broker headquartered in Dallas, TX. Operating 11 domestic and international branches, it offers a broad range of products and services through its affiliate companies, which include U.S. Risk Underwriters, U.S. Risk Brokers, Professional Claims Managers, Oxford Insurance Brokers Ltd. (London), Advocate Reinsurance Partners and Unisource Program Administrators. Dallas, TX (Headquarters) U.S. Risk Brokers, U.S. Risk Underwriters 10210 N. Central Expressway Suite 500 Dallas, TX 75231 Toll Free: (800) 232-5830 Local: (214) 265-7090 Follow Us and Join the Conversation Facebook | LinkedIn | Twitter | Email Us | CompleteMarkets

Dallas — October 1, 2013 — U.S. Risk Insurance Group, Inc. (www.usrisk.com ), the eighth largest managing general agency and surplus lines wholesaler in the nation, announced its U.S. Risk Pro division and Western World Insurance Group (www.westernworld.com) have launched a new program for Private Company Directors and Officers Liability.

U. S. Risk Insurance Group, Inc. is a specialty lines underwriting manager and wholesale broker headquartered in Dallas, TX. Operating 16 domestic and international branches, it offers a broad range of products and services through its affiliate companies, which include U.S. Risk Underwriters, U.S. Risk Brokers, Oxford Insurance Brokers Ltd.(London), Advocate Reinsurance Partners, James Hampden International, Abraxas and Unisource Program Administrators.

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A benefit of the Affordable Care Act may be a drop in car insurance premiums as health care providers shoulder more of the treatment costs tied to accidents and injuries, according to a new report from a leading think tank. The nonprofit Rand Corporation says the rise in the number of people with medical coverage under the ACA, also known as Obamacare, could result in a “modest” drop in claims against auto insurers. In turn, the cost savings could be passed to consumers as insurance companies and state regulators evaluate and refine coverage rates, according to Rand’s report, “How Will the Affordable Care Act Affect Liability Insurance Costs?” “The Affordable Care Act is unlikely to dramatically affect liability costs, but it may influence small and moderate changes in costs over the next several years,” says David Auerbach, a Rand policy researcher and the study’s lead author. “For example, auto insurers may spend less for treating injuries, while it may cost a bit more to provide physicians with medical malpractice coverage.” Besides auto insurance rates, expenses tied to homeowners insurance, workers’ compensation and general business liability insurance may also fall once the ACA further takes hold. But on the downside, expenses for malpractice coverage could rise, according to the report. Obamacare to trim insurance costs by up to 5 percent? “Researchers say the changes could be as much as 5 percent of costs (for auto, home and the other forms of liability insurance) in some states, but caution there is considerable uncertainty surrounding such estimates,” the study notes. Auerbach and Rand point out that liability insurers currently reimburse tens of billions of dollars each year for medical care related to car crashes and workplace injuries, among other claims. “For example, auto insurers collectively paid $35 billion for medical costs associated with accidents in 2007, about 2 percent of all U.S. health care costs in that year,” according to Rand. The reason for a possible jump in malpractice claims faced by doctors and health providers is simple: Rand says that more claims could be filed as more people get medical coverage. “Insured individuals have more contacts with physicians, make more visits and receive more procedures,” the report says. “Such a shift could drive malpractice costs modestly higher.” The malpractice figures are already significant. The study points out: In 2012, nearly 12,000 medical malpractice claims paid on behalf of individual physicians and other providers accounted for $4.3 billion in costs. A substantial additional number of claims were paid on behalf of institutions, such as hospitals, some of which self-insure, that are not included in the $4.3 billion number. The study was sponsored by Swiss Re, which stresses the powerful effects the ACA may ultimately have on the insurance industry and elsewhere. “Businesses and policymakers need to understand how and why their risk profiles might change as the Affordable Care Act is implemented,” Jayne Plunkett, Swiss Re’s head of casualty reinsurance, said in a statement. A surge in medical insurance enrollments In a separate survey, Rand estimated “a net gain of 9.3 million in the number of American adults with health insurance coverage from September 2013 to mid-March 2014.” While noting that any survey has a margin of error, Rand added that its findings didn’t include those who signed up for coverage in late March and early April. That enrollment surge could “dramatically affect” the total figures, Rand said. Rand estimated that Americans without insurance fell to 15.8 percent, from 20.5 percent. Of those who secured new medical coverage between September and March, 8.2 million didn’t buy it on the ACA’s federal or state-run exchanges, but through an employer. Rand says the increase was likely because of a drop in unemployment, which opened the door for many to be eligible for workplace plans, and ACA incentives encouraging employees to get coverage. Rand added that 3.9 million secured health insurance through the exchanges, 36 percent of them previously uninsured. That number was expected to rise as the March and April numbers came in. In declaring the ACA an unfolding success, the Obama administration recently said that more than 7 million people signed up for coverage through the marketplace exchanges. Content provided by: http://www.moneytalksnews.com/2014/04/21/obamacare-may-reduce-auto-insurance-rates/#Kqdfh4ZHhsjylE1J.99

Most medium-sized and smaller companies protect themselves against their property and liability exposures by purchasing Commercial insurance, while large corporations and government agencies prefer to use some type of alternative risk financing. However, businesses of any size can employ this tool to enjoy such benefits as improved cash flow and a lower total cost of risk. Insurers have developed a number of colorful terms for alternative risk financing techniques. These methods include: Excess insurance Reinsurance Guaranteed cost Retrospective rating Large deductible Self-insurance Captive insurance Using alternative risk financing requires management discipline and a willingness to commit resources. Size isn't that important. The main criterion is losses. As a rule of thumb, alternative risk financing makes sense for a business whose claims have these characteristics: (1) Reasonable predictability; (2) moderate volatility; (3) minimal exposure to a catastrophic event; and (4) high frequency and low severity. For example, a large hotel or bank would probably experience a number of small Workers Compensation claims, but few large claims. Casualty insurance products (such as Workers Comp, General Liability, and Auto Liability) are the best candidates for alternative risk financing. Because Comp and Liability claims tend to be paid over one to five years or more, insurance companies that write these policies generate substantial investment income on their premium reserves until losses are paid fully. By using alternative risk financing, your company can invest your funds elsewhere, rather than paying premiums. Our specialists would be happy to review your business and see if alternative risk financing make sense for you.