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.
Parkland Shooting Wasn’t Multiple Incidents With Multiple Deductibles, Court Says 
China Accuses US of Orchestrating $13 Billion Bitcoin Hack 
Former Lloyd’s CEO Neal Will Not Join AIG; Hancock to Be General Insurance CEO 
PwC: Insurance Execs Say Agentic AI Leading Industry Transformation 
