logo
Share SHARE
FONT-SIZE Plus   Neg

Arthur J. Gallagher Buys The Plus Companies

Arthur J. Gallagher & Co. (AJG) said Friday that it has bought The Plus Companies, Inc. in Bridgewater, New Jersey.

Terms of the deal were not disclosed.

Established in 1985, The Plus Companies is a managing general agent and program manager which provides non-medical, professional liability and umbrella insurance products and services to their independent insurance agent and broker clients throughout the United States. T

Robert Ciuffreda and his associates will continue to operate from their current location under the direction of Joel Cavaness, President of Risk Placement Services, Inc., a subsidiary of Arthur J. Gallagher.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Canadian power company Emera has agreed to buy Teco Energy Inc for $27.55 per share in cash as part of efforts to expand into Florida and New Mexico. The announcement sent Teco shares surging 28 percent in after-hours trade on the New York Stock Exchange. Xiaomi Corp., nicknamed the "Apple of China" is planning to launch laptops, a report by Bloomberg said. The Chinese brand has been pausing a direct challenge to major smart phone brands in Asian markets in the recent years. It has planned to win over China, India and Brazil markets those together would account for one third of the worldwide sales. Value-priced fashion apparel and accessories retailer Cato Corp. (CATO) Thursday announced a four percent increase in comparable store sales for August. Sales were for the four week period was up five percent to $67 percent from $63.6 million last year. For the thirty weeks ended August 29, the...
comments powered by Disqus
RELATED NEWS
Trade AJG now with 
Follow RTT