Eustis Announces New Companion

February 3, 2009

New Orleans, LA –

In a sign that the post Katrina insurance industry exodus in Louisiana may finally be reversing, Eustis Insurance & Benefits announces its exclusive new brokerage relationship with national carrier Companion Property & Casualty.

The South Carolina-based carrier’s product lines include workers' compensation, commercial package, automobile coverage and umbrella liability. The company operates primarily in the South and Mid-Atlantic states.

“We’re excited because Companion is an ‘A’ rated property and casualty carrier offering all lines of commercial insurance for medium to large businesses,” explained Eustis President Tommy McMahon. “This includes commercial property coverage at competitive prices with Named Storm deductible options. That’s important to a lot of businesses now.”

Companion officials said they were optimistic about entering Louisiana now. “Our local agents like Eustis Insurance must meet both experience and performance standards to represent our company,” an official stated. “We’re excited about joining Eustis to be a part of the insurance landscape renewal in Louisiana.

“Our initial success with Eustis already with some targeted businesses seems to validate both the opportunity and the timing of our decision to enter the Louisiana market.”