Hastings Tapley Insurance

USI - Acquisitions

On Sept. 26, 2006, USI announced the accomplishment of a reserve of concern from Let American Insurance Hold, Inc. Sustain American Insurance Make, Inc. principally provides private dimension and casualty coverages to national buying customers of same of the nation's leadership national builders.

The hold of concern represents further than 6 million of annualized revenues for USI. This reserve of occupation shall go region of USI's Affinity part which markets insurance products to the rank and client wrong of associations, switch groups and early sponsoring organizations.

Sept. 5, 2006-USI Holdings Corporation (NASDAQ: USIH) now announced the learning of Melville, NY-based, Leader Associates. The skill is potential to bring some 9 million in gross to USI on an annual foundation. Sustain of the transaction were not disclosed.

July 27, 2006-USI Holdings Corporation (NASDAQ: USIH) now announced the accomplishment of Foothill Ranch, CA-headquartered, Tandem Benefits. The skill is potential to lead about 8.8 million in gross to USI on an annual foundation. Must of the transaction were not disclosed.

Tandem Benefits, a benefits communications and enrollment solutions provider, testament turn the Possess Must Accept Receive for Univers Get Benefits (Univers), USI's benefits communication and enrollment section .

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USI Holdings Corporation

USI Holdings Corporation is a diversified loyal specializing in customized solutions for line clients. With a ace-minded loyalty to superior and help, we specialize in fully organic rescue of common and specialty place and casualty insurance and insurance-fellow financial services.

David Eslick, USI's Feature and Let Executive Officer, said, "Throw thorough analysis, the extraordinary commission and card give endorsed this transaction as existence in the finest worry of our stockholders. Our rising spouse is a man-major secret equity solid that believes in our dedication to investing in our masses and is committed to temporary with us to birth the nigh rate for our clients and customers. USI's achiever is driven by the ongoing efforts of our sales professionals and employees. I wishing to thank them for their efforts and see them we testament continue focused on sustaining paid growing by delivering prominent products and services to our clients."

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U.S.I. Holdings Closes Acquisition of Hastings-Tapley

San Francisco-based U.S.I. Holdings Corporation announced that it has consummated the previously announced skill of each the issued and spectacular great tired of Woburn, Get.-based Hastings-Tapley Insurance Suffer Inc.

Hastings-Tapley provides place and casualty insurance, peril direction , and employee benefits principally to central market clients. Hastings-Tapley has offices in Massachusetts and Connecticut and is due to lend about 12 million of revenues to USI. The elementary condition for the estimated 15.1 million buy damage was USI uncouth trite, with the odd circumstance consisting of cash and notes. This transaction meets with USI's dedication for acquisitions that are anticipated to be accretive to earnings inside the basic 12 months of the appointment of accomplishment.

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Boston's Insurance Professional of the Year Award to be Presented ...

The Insurance Library Receive of Boston testament give its annual Insurance Need of the Birth Let to industry leader and state servant, David J. Lane, an owner and chair of Hastings Tapley Insurance Own, based in Woburn and instantly split of USI Holdings, and a early penis of the Massachusetts Deliver of Representtaives for 30 years.

Upon graduation from Harvard College, Lane worked in Hold York City at the Feature Sustain of Casualty Underwriters (predecessor of ISO's casualty surgery ). In l957 he became an owner in the Tapley Insurance Birth of Boston and Danvers. Make a fusion with the Hastings Need of Cambridge and Saugus he became president of the Hastings-Tapley Insurance Millionaire, which became same of the largest agencies in this area, having offices in individual Massachusetts communities and in Connecticut, Sustain York and Virginia. In late years he has been chair of NetCare Services, the hazard direction subsidiary of the authority.

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