On March 18, Arthur J. Gallagher & Co. announced the acquisition of L&R Benefits, LLC of Windsor, Connecticut. Terms of the transaction were not disclosed.
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The five-year anniversary of the stock market bottom on March 9th, 2009 slipped by rather quietly now it's time to review The Bear Case vs. The Bull Theory
Markets Shrug Off Putin’s Push: The weakening ruble forced Russia’s central bank to take action in an effort to stabilize the currency and Russian stock market. Russia’s ability and willingness to withstand a sustained conflict is unknown. Only time will tell whether the impact on markets will be negligible or if this event will put downward pressure on markets.
On March 4, Arthur J. Gallagher & Co. announced the acquisition of Tudor Risk Services, LLC located in Woburn, Massachusetts. Terms of the transaction were not disclosed.
On Feb. 28, Arthur J. Gallagher & Co. announced that it has partnered with Grupo CP to acquire a 56% equity interest in JAO & Partners, located in Lima, Peru, which has annualized revenues of approximately $4 million. Other terms of the transaction were not disclosed.
Gallagher Bassett Services, Inc. Receives Business Insurance 2013 Buyers Choice Award for Commercial TPA―Overall
Gallagher Bassett Services, Inc., has been recognized by readers of Business Insurance magazine with its Buyers Choice Award for Commercial TPA―Overall. The awards were announced in the magazine's November 18 issue.