Downey Public Risk is glad to announce that we are
now doing business as Public Risk Underwriters of Indiana, LLC.
Based in Kokomo, Indiana, Public Risk Underwriters (formerly
known as, "Downey Public Risk") has more than 40 years' experience
in the insurance industry. Public Risk Underwriters provides
coverage for police officers, firefighters, emergency responders,
school bus drivers and other invaluable public servants who put
their lives on the line every day for the public good.
Public Risk Underwriters has been in operation since 1970,
providing these services for public entities. Most notably, Downey
Public Risk has performed as the administrator of Indiana Public
Employers' Plan (IPEP) for the past 25 years. IPEP is the largest
provider of public entity workers' compensation in the State of
Indiana, which provides coverage for as much as $1,000,000,000 in
public worker wages.
Downey Insurance joined Brown & Brown Insurance 12 years ago
and has experienced various segments of growth, each resulting in a
different business identity. After providing public entity
services under the name "Downey Public Risk", the time has now come
for the growing subsidiary to assume its long-term legal name as
the day-to-day operating identity. Beginning immediately, we
will be moving away from the d/b/a Downey Public Risk, to the more
descriptive "Public Risk Underwriters of Indiana, LLC".
PRU joined Brown & Brown, Inc. in November, 2005. Brown
& Brown, Inc. and its subsidiaries offer a broad range of
insurance and reinsurance products and services, as well as risk
management, third party administration, and managed health care
programs. Providing service to business, public entity, individual,
trade and professional association clients nationwide, the Company
is ranked by Business Insurance magazine as the
fourth largest independent insurance intermediary not only in the
United States, but the world.
Brown & Brown, Inc. (symbol: BRO on NYSE), has significant
business holdings in Indiana. With the addition of PRU, recent
estimates place Brown & Brown in the top five providers of
insurance administration and support services in Indiana with
nearly $200M in premium volume in the State. More information on
Brown & Brown may be found at www.bbinsurance.com.
PRU offers a full spectrum of services including underwriting,
rating, claims administration, comprehensive reporting, and