Arthur J. Gallagher & Co. said it has acquired Tri-State General in Salisbury, Maryland. Terms of the transaction were not disclosed.
Established in 1979, Tri-State General is a specialty wholesale and managing general agency (MGA) operation that places transportation, garage, professional liability, special events, and property/casualty insurance for its retail insurance broker clients throughout Maryland, Pennsylvania, Delaware, New Jersey, Virginia, Ohio and Washington, D.C.
Tri-State General’s Edward Dickerson and his team will continue to operate from their Salisbury location under the direction of Joel Cavaness, president of Risk Placement Services Inc., a subsidiary of Arthur J. Gallagher & Co.
Headquartered in Itasca, Ill., Arthur J. Gallagher & Co. is an international insurance brokerage and risk management services firm. It has operations in 27 countries and offers client service capabilities in more than 140 countries through a network of correspondent brokers and consultants.
Related Articles:
Arthur J. Gallagher: Q1 Revenues Up 20%; 10 Mergers in Pipeline
Gallagher Buys Florida’s MGA Insurance Group
Arthur J. Gallagher Acquires Sunderland in California
Arthur J. Gallagher Acquires Spataro Insurance Agency in New York
Was this article valuable?
Here are more articles you may enjoy.
Delta Probing Unauthorized Wi-Fi on Flight After Hacker Event 
Rhine River Shipping Stalls as Water Level Hits Record Low 
AI Data Center Boom Is ‘Maxing Out’ P/C Insurers, AIG CEO Says 
Lindsay Clancy Trial Focus Turns to Drugs Prescribed Before She Killed Her 3 Children 
