AJG Buys NYC Broker

NU Online News Service, July 2, 12:38 p.m.EDT?Insurance broker Arthur J. Gallagher & Co.,Itasca, Ill., announced the acquisition of J. A. Lorenzo & Co.of New York City.

Founded in 1985, J. A. Lorenzo & Company is a full-serviceretail insurance broker offering risk management, marine cargo,commercial property-casualty, trade credit and political riskinsurance services to a diverse client base.

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