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Arthur J. Gallagher acquires NEK Insurance, no terms disclosed

Arthur J. Gallagher & Co. announced the acquisition of El Cerrito, California-based NEK Insurance. Terms of the transaction were not disclosed. Founded by Norman E. Kinsey in 1954, NEK Insurance is a retail insurance agency specializing in property/casualty coverages for daycare centers and k-8 schools, residential care facilities and small remodeling contractors, with underwriting authority in these three segments.

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