Latest A.J. Gallagher Headlines
All the headlines from our A.J. Gallagher Topic Page, ordered by recency.
Business Moves
Apr 7 2008 // Max Specialty Max Specialty Insurance Co., of Richmond, Virginia, the U.S. excess and surplus lines unit of the Bermuda-based Max Capital Group Ltd., has agreed to acquire a U.S.-based admitted insurance company licensed...
Gallagher Completes Re Sale
Mar 27 2008 // Arthur J. Gallagher & Co. announced today that it has completed the previously disclosed sale of substantially all of Gallagher Re’s U.K. reinsurance brokerage business to Aon Corporation. (See IJ web...
Business Moves
Mar 24 2008 // Texas Farmers Insurance Company Texas Farmers Insurance Company filed a rate increase for its “Texas Family Home Policy” with the Texas Department of Insurance. The increase would impact 200,000 customers or...
Arthur J. Gallagher Acquires Healthcare Risk Solutions of Pa.
Mar 21 2008 // Illinois-based Arthur J. Gallagher & Co. reports it has acquired Healthcare Risk Solutions, LLC headquartered in Fort Washington, Pennsylvania. Terms of the transaction were not disclosed. Founded in 2002, Healthcare...
Arthur J. Gallagher Acquires Oklahoma’s Bankers Financial Benefits
Mar 14 2008 // Arthur J. Gallagher & Co. announced it has acquired Bankers Financial Benefits of Oklahoma City, Okla. Terms of the transaction were not disclosed. Established in 2001, Bankers Financial Benefits offers employee...
Business Moves
Mar 10 2008 // Arthur J. Gallagher, Taylor Benefits Arthur J. Gallagher & Co. has acquired Utah-based Taylor Benefits. Terms of the transaction were not disclosed. Established in 1996, Taylor Benefits offers employee benefit...
People
Mar 10 2008 // Denver-based Van Gilder added three persons to its staff. Tony Dodd joined the firm as an account executive specializing in homeowner association risk management programs. Kyle Krisman assumed the role of business...
Aon Buying ‘Substantially All’ of Gallagher’s U.S/UK Reinsurance
Feb 25 2008 // Aon Corporation announced that it has reached an agreement “to acquire substantially all of Gallagher Re’s U.S. and U.K. reinsurance brokerage business. In addition, a team of industry professionals from...
Public Broker Stocks Down in Dec. as 2007 Closes With 205 M&A Deals
Feb 24 2008 // Stock Prices: Brokerage stocks mimicked the overall uneasiness of the stock market during January. Hilb Rogal & Hobbs (NYSE:HRH) traded down 11.2 percent while Arthur J. Gallagher traded up 5 percent. Overall the...
Arthur J. Gallagher Acquires Houston-based Leicht General Agency
Feb 20 2008 // Ill.-based Arthur J. Gallagher & Co. announced that its subsidiary, Risk Placement Services Inc., acquired Leicht General Agency, headquartered in Houston. Terms of the transaction were not disclosed. Established in...
Arthur J. Gallagher Acquired Utah’s Taylor Benefits
Feb 19 2008 // Arthur J. Gallagher & Co. acquired Taylor Benefits located in Holladay, Utah. Terms of the transaction were not disclosed. Doug Taylor and his associates will continue to operate in their current location under the...
Arthur J. Gallagher Acquires Oakland’s CEM Insurance Services
Jan 31 2008 // Arthur J. Gallagher & Co. today announced the acquisition of Crist Elliott Machette Insurance Services, Inc. of Oakland, Calif. Terms of the transaction were not disclosed. Incorporated in 1993, Crist Elliott Machette...
Arthur J. Gallagher to Sell Reinsurance Unit, Ireland Brokerage; Layoff 400
Jan 30 2008 // Itasca, Illinois-based insurance brokerage Arthur J. Gallagher & Co. reported a drop in profit for the fourth quarter and announced it would sell its global reinsurance operation and its small Ireland-based wholesale...
Business Moves
Jan 13 2008 // R.E. Chaix & Associates, Katie Freeman Insurance Services Irvine, Calif.-based R.E. Chaix & Associates Insurance Brokers Inc. has agreed to purchase Katie Freeman Insurance Services Inc. Neither companies’...
Arthur J. Gallagher Acquires Wholesaler AVRECO
Jan 4 2008 // Arthur J. Gallagher & Co. recently announced the acquisition of AVRECO, based in Chicago, from The Park Group, Inc. The transaction was effective Dec. 31, 2007 and terms were not disclosed. Founded in 1962, AVRECO is...
Mass. Reports $4M Judgment Against Insurance Broker Wm. Gallagher
Dec 21 2007 // Massachusetts officials say they have won a $4 million judgment against a large Boston-based insurance broker over questionable compensation and reinsurance practices. Attorney General Martha Coakley’s office...
Arthur J. Gallagher Acquires School Specialist Koster Insurance in Mass.
Dec 20 2007 // Insurance broker Arthur J. Gallagher & Co. reports it has acquired Koster Insurance Agency, Inc. of Quincy, Mass. Terms of the transaction were not disclosed. Founded in 1994, Koster Insurance Agency, Inc. specializes...
Edgewood Partners Makes Two Appointments
Dec 20 2007 // San Mateo, Calif.-based Edgewood Partners Insurance Center has hired Jim Halbleib as a principal and executive vice president for the San Mateo office. Halbleib will produce and manage regional, national and global...
Gallagher Acquires 38.5% Stake in Jamaica’s CGM Group
Dec 17 2007 // Arthur J. Gallagher & Co. announced that it has acquired a 38.5 percent equity interest in CGM Group Limited, headquartered in Kingston, Jamaica. Terms of the transaction were not disclosed. CGM, which started in...
Arthur J. Gallagher & Co. Acquires La.’s Powell Insurance Agency
Dec 7 2007 // Illinois-based Arthur J. Gallagher & Co. announced the acquisition of Powell Insurance Agency Inc. in Metairie, La. Terms of the transactions were not disclosed. Established in 1948, Powell Insurance Agency offers...
