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Arthur J. Gallagher & Co. has introduced the acquisition of California-based Bulen & Associates Insurance coverage Companies. The phrases of the transaction weren’t disclosed.
Bulen & Associates, based in 1929, is a property-casualty company that serves people and companies in southern California. As a part of the deal, company principal Lisa Mosby and her staff will stay at their present location in Murrieta, Ca. They’ll report back to Scott Firestone, head of Southwest area P&C brokerage operations for Gallagher.
“Bulen & Associates is a extremely regarded company with deep neighborhood roots and a tradition like ours,” stated J. Patrick Gallagher Jr., chairman, president and CEO of Gallagher. “I’m delighted to welcome Lisa and her associates to Gallagher.”
Learn subsequent: Gallagher unveils Q3 financials
Bulen & Associates is the newest of a number of acquisitions by Gallagher this 12 months. Earlier this month, the corporate acquired North Carolina-based PIUS Restricted and Texas-based Tejas American Normal Company.
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