Tompkins Financial Corp. has closed on the sale of its wholly owned subsidiary, Tompkins Insurance Agencies, Inc. (TIA), to Arthur J. Gallagher & Co. for approximately $223 million in cash. The transaction generates a pre-tax gain of$183 million, the financial services firm said.With a 150-year operating history, TIA is a retail insurance agency offering property/casualty products and employee benefits. Based in Ithaca, New York, TIA has more than 20 locations in western and central New York and in Pennsyl ...