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 risk management, property, casualty and employee benefit insurance services for their commercial and personal lines clients in the Gulf States. They also specialize in the public entity, restaurant and hospitality industries.
Bennett E. Powell and his staff will continue to operate in their Metairie location under the direction of Mitchel Brashier, Mid-South regional vice president of Gallagher’s Brokerage Service Retail Division.
Source: Arthur J. Gallagher & Co.
Was this article valuable?
Here are more articles you may enjoy.
Two Years in, Ortiz Steps Down as CEO of Florida Re 
Q2 Net Income at Travelers Soars 46% on Less Catastrophes, Favorable Reserves 
London Broker Howden Plots Giant Capital Raise on IPO Path 
Florida Regulators Mulling New Rules on Market Conduct Exams, Reporting 
