Arthur J. Gallagher Acquires Interstate Insurance Underwriters in Louisiana

Arthur J. Gallagher & Co. has acquired Shreveport, Louisiana-based Interstate Insurance Underwriters LLC, the company announced.

Terms of the transaction were not disclosed.

Founded in 1963, Interstate Insurance Underwriters is a managing general agency (MGA) offering a variety of property/casualty coverages through agents and brokers throughout the state of Louisiana, with a focus on general liability, property, garage and inland marine risks.

Lawrence, Taylor and Logan Calhoun and their associates will remain in their current location as a satellite of Risk Placement Services Inc.’s Covington, Louisiana, office, operating under the direction of Joel Stinson, head of RPS’s South Central region.

Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois.

Source: Arthur J. Gallagher & Co.

Topics Mergers & Acquisitions Louisiana Underwriting A.J. Gallagher