Arthur J. Gallagher & Co. has acquired retail insurance broker Bennett & Shade Co. in Decatur, Ill. Terms of the transaction were not disclosed.
Founded in 1906, Bennett & Shade provides commercial property/casualty, employee benefits, risk management consulting and personal lines insurance services to clients in the Midwest.
Jeffrey Shade and his associates will continue to operate in Decatur under the direction of Michael Pesch, head of Gallagher’s Midwest region retail property/casualty brokerage operation.
Source: Arthur J. Gallagher & Co.
Was this article valuable?
Here are more articles you may enjoy.
Progressive Gains as Drivers Shop Around for Auto Insurance—Again 
JPMorgan Client Who Lost $50 Million Fortune Faces Court Setback 
Why New York’s Attorney General Objects to Trump’s Bond Insurer 
4,800 Claims Handled by Unlicensed Adjusters in Florida After Irma, Lawsuit Says 
