Itasca, Ill.-based Arthur J. Gallagher & Co. said its subsidiary, Risk Placement Services Inc., has acquired Lemac & Associates Inc.
Terms of the deal were not released.
Established in 1984, Lemac & Associates, based in Los Angeles, is a wholesale insurance broker and managing general agent. The firm provides excess and surplus property-casualty coverages including professional and general liability, workers' compensation and other specialty insurance products and services for their agent clients throughout the United States.
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