The Privilege Underwriters Reciprocal Exchange (PURE) is expanding nationally in an effort in part to follow the money, according to its chief executive.
Privilege Underwriters Reciprocal Exchange (PURE) announced an expansion of its services to provide property-casualty insurance to high-value homes in Maryland and Washington, D.C.
Privilege Underwriters Reciprocal Exchange (PURE), an insurer targeting the high net-worth market, is now offering property-casualty insurance, primarily to costal properties in Rhode Island.
Property-casualty insurer Privilege Underwriters Management announced that it recently received licenses to operate in four new jurisdictions, including Maryland and the District of Columbia.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.