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Eastern Bankshares, Inc Announces Closing Of Eastern Insurance Group LLC Asset Sale

Eastern Bankshares, Inc Announces Closing Of Eastern Insurance Group LLC Asset Sale
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Eastern Bankshares, Inc Announces Closing Of Eastern Insurance Group LLC Asset Sale - Eastern Bankshares (NASDAQ:EBC), Arthur J Gallagher (NYSE:AJG)

Eastern Bankshares, Inc. (the "Company") (Nasdaq Global Select Market: EBC), the stock holding company for Eastern Bank, announced today it has completed the previously disclosed sale of Eastern Bank's insurance

Eastern Bankshares, Inc Announces Closing Of Eastern Insurance Group LLC Asset Sale

BOSTON, October 31, 2023 Eastern Bankshares, Inc. (the "Company") (Nasdaq Global Select Market: EBC), the stock holding company for Eastern Bank, announced today it has completed the previously disclosed sale of Eastern Bank’s insurance operations, which conduct business under the name Eastern Insurance Group LLC ("Eastern Insurance"), to Arthur J. Gallagher & Co. (NYSE: AJG) ("Gallagher").

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