Arthur J. Gallagher & Co. Acquires Texas’ Remco
Arthur J. Gallagher & Co. announced that its subsidiary, Risk Placement Services, Inc. (RPS), has acquired Austin, Texas-based Remco Insurance Agencies, Inc. Terms of the transaction were not disclosed.
With roots going back to 1987, Remco Insurance is a retail non-standard auto insurance agency serving clients throughout Texas. Rahim Peerbhai and his associates will remain in their current locations under the direction of Jorge Barcena, President of RPS Pronto.
Popular Today
- AIG, Chubb Can’t Use ‘Bump-Up’ Provision in D&O Policy to Avoid Coverage
- The $3 Trillion AI Data Center Build-Out Becomes All-Consuming for Debt Markets
- Married Insurance Brokers Indicted for Allegedly Running $750K Fraud Scheme
- Chubb Posts Record Q4 and Full Year P/C Underwriting Income, Combined Ratio