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.
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