White Plains, N.Y.-based PURE Risk Management LLC has expanded Privilege Underwriters Reciprocal Exchange (PURE), a member-owned reciprocal insurer, into Massachusetts, where it will offer property and casualty insurance coverage.

"We view Massachusetts as the single-greatest opportunity for our company to continue its diversification and national expansion," said Ross Buchmueller, president and CEO. "While there are certainly risks to be concerned about on the Cape and Islands, we expect to seek the right price to reflect the risks – not the highest prices to reward shareholders."

PURE also serves members in Rhode Island, Connecticut, New York, New Jersey, Georgia, Florida, North Carolina, South Carolina, Alabama, Texas, Maryland, Illinois, Arizona and Washington, D.C.