India, March 24 -- Arthur J. Gallagher & Co. (AJG) an Illinois-based global insurance brokerage, risk management, and consulting firm, Monday has acquired El Paso-based Litchfield Special Risks, Inc. - LSR through its U.S. wholesale brokerage division, Risk Placement Services, Inc. - RPS.

The terms of the deal were not disclosed.

LSR, a wholesale insurance broker and managing general agency or MGA, specializes in transportation and property/casualty solutions for retail agents in Texas and the Southwest. Bill Brenton and his team will continue operating from their current location under the leadership of Ash Thomas, VP-Western Region for RPS.

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J. Patrick...