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.
Was this article valuable?
Here are more articles you may enjoy.
AI Models May Soon Self-Replicate Across Smart-Home Devices, Anthropic Warns
Europe’s Insurers Cut Coverage of Weather Losses, Report Says
Harbor Emerges From Stealth with $10M Funding to Handle AI-Agent Risk
NYC Restaurants Shut Off Air Conditioning, Close on Sundays as Costs Surge 

