Ill.-based insurance brokerage and risk management services firm Arthur J. Gallagher & Co. announced it has aqcuired Melton Insurance Associates Inc. of Odessa, Texas. Terms of the transaction were not disclosed.
Melton Insurance Associates, founded in 1954, is a retail insurance broker offering risk management, commercial property, casualty and employee benefits insurance services to their Texas client base. They specialize in insurance products for the energy industries.
J. Tommy Melton and his associates will continue to operate out of their current location under the direction of Michael Henthorn, South Central Regional Manager of Gallagher’s Brokerage Services Retail Division.
Source: Arthur J. Gallagher & Co., http://www.ajg.com/
Was this article valuable?
Here are more articles you may enjoy.
California Chiropractor Sentenced to 54 Years for $150M Workers’ Comp Scheme 
Former Congressman Charged After Collision with State Trooper in Florida 
Why New York’s Attorney General Objects to Trump’s Bond Insurer 
Wildfires Are Upending Some of the Safest Bets on Wall Street 
