Arthur J. Gallagher & Co. announced the acquisition of Classic Insurance Services Ltd. of Lisle, Illinois. Terms of the transaction were not disclosed.
Incorporated in 1983, Classic Insurance Services Ltd. offers medical professional liability services for their physician and surgery center clients in the Midwest. Vincent Lovelle and his associates will continue to operate out of their Lisle location as a unit of Gallagher Healthcare Insurance Services, a subsidiary of Arthur J. Gallagher & Co. They will be under the direction of James Braniff, III, South Central Regional manager of Gallagher’s Brokerage Services Retail Division.
J. Patrick Gallagher, Jr., president and CEO said, “Our acquisition program continues its steady pace as we acquire companies that add to our sales and service capabilities. Classic’s medical malpractice expertise will fit perfectly into Gallagher Healthcare Insurance Services’ fast-growing healthcare niche. We are extremely pleased to welcome Vince and his team to our growing Gallagher family of professionals.”
Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case
