CBIZ (CBZ) Acquires the Defined Benefit Actuarial Consulting Practice of PSA Insurance

December 22, 2011 5:44 PM EST
CBIZ, Inc. (NYSE: CBZ) has acquired the defined benefit actuarial consulting practice of PSA Insurance and Financial Services of Hunt Valley, MD., effective November 1, 2011. PSA continues to provide defined contribution plan services to its clientele.

The defined benefit actuarial consulting book of business recorded approximately $1.2 million in revenue during the past twelve months and includes four associates servicing the business.


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