Gallagher Bassett Buys GAB Robins' TPA Business

GAB Robins North America sold its third-party and Med Insights managed care business to Gallagher Bassett Services, a subsidiary of international insurance broker Arthur J. Gallagher & Co., the companies announced Thursday.Terms of the deal were not disclosed. GAB Robins said 420 of its employees will join Gallagher Bassett when the transaction closes in October. GAB Robins will remain in business, providing loss-adjustment services for property and casualty carriers."Our North American loss adjusting business has been a core strength of GAB Robins for more than a century," said Jim Girard...