Arthur J. Gallagher & Co. has acquired Brown Hobbs & McMurray Insurance in Urbana, Ill.
Terms of the deal were not disclosed.
Thomas Brown, Paul Hobbs, William Hobbs, Dick and Rich McMurray, and their associates will continue to operate in Urbana under the direction of Michael Pesch, head of Gallagher’s Midwest region retail property/casualty brokerage operation.
Brown Hobbs & McMurray is a retail insurance broker providing commercial P/C, employee benefits, risk management consulting and personal lines insurance services to clients in the Midwest.
Arthur J. Gallagher is an insurance brokerage and risk management services firm headquartered in Itasca, Ill.
Was this article valuable?
Here are more articles you may enjoy.
Former Broker, Co-Defendant Sentenced to 20 Years in Fraudulent ACA Sign-Ups 
Preparing for an AI Native Future 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Lemonade Books Q4 Net Loss of $21.7M as Customer Count Grows 
