Arthur J. Gallagher News

Gallagher’s Risk Placement Services Acquires Litchfield Special Risks

Arthur J. Gallagher division Risk Placement Services acquired El Paso, Texas-based Litchfield Special Risks Inc. Bill Brenton and his team will remain in their current location under the direction of Ash Thomas, vice president of the Western Region for RPS. …

Regulators Ask Gallagher for More Information on $13.4B AssuredPartners Acquisition

Arthur J. Gallagher & Co. reported that it has received a second request for information from federal officials relating to its proposed $13.45 billion acquisition of AssuredPartners, Inc. Gallagher said it is actively responding to the request and expects that …

Arthur J. Gallagher Announces Acquisitions of 2 Firms in Northeast

Global insurance broker Arthur J. Gallagher & Co. announced the acquisition of Waltham, Massachusetts-based Agilis Partners LLC. Agilis is an investment and retirement plan consulting firm with offices in greater Boston, New York and Denver. According to the announcement, Tom …

Gallagher to Buy AssuredPartners for $13.5B to Increase Mid-Market Reach

Arthur J. Gallagher this morning said it has entered into an agreement to acquire AssuredPartners for $13.45 billion cash to expand its reach in the U.S. middle-market property/casualty and employee benefits space. “We have held in high regard the fast-growing …

Gallagher to Buy Evans Bank Insurance Operations in Western New York for $40 Million

Western New York’s Evans Bancorp, Inc. has agreed to sell its insurance agency operation, The Evans Agency, to global insurance broker Arthur J. Gallagher & Co. for $40 million. The net gain on sale, on an after-tax basis, is expected …

Bank Completes Sale of Eastern Insurance to Gallagher

Eastern Bankshares, Inc., the stock holding company for Eastern Bank, has completed the previously disclosed sale of its insurance operations, which conduct business as Eastern Insurance Group, to Arthur J. Gallagher & Co. Under the agreement, Gallagher acquired Eastern Insurance …

Gallagher Acquires New York’s Rosenzweig Agency

Arthur J. Gallagher & Co. announced the acquisition of Mineola, New York-based Rosenzweig Insurance Agency, Inc. Rosenzweig Insurance Agency is an insurance broker with pharmacy expertise serving small and medium-sized businesses. Larry Rosenzweig, Lynn Rosenzweig Derby and their team will …

Arthur J Gallagher to Acquire Cadence Insurance for $904M

Arthur J. Gallagher & Co. today said it has signed a definitive agreement with Cadence Bank to acquire Cadence Insurance, Inc. for $904 million cash. Baton Rouge, Louisiana-headquartered Cadence Insurance, the second largest bank-affiliated insurance brokerage in the nation, offers …

Gallagher Acquires International Broker Clements Worldwide

Global insurance broker Arthur J. Gallagher & Co. announced the acquisition of Washington, D.C.-based Clements Worldwide. Clements is an international insurance broker serving expats, diplomats and military personnel as well as offering commercial coverages for nonprofits, contractors, embassies and schools. …

A.J. Gallagher Acquires The Andersen Group in Virginia

Global insurance broker Arthur J. Gallagher & Co. announced it has acquired Chantilly, Virginia-based The Andersen Group. The Andersen Group is a retail insurance agency serving non-profit trade associations, government contractors and engineering services companies in the greater Washington, D.C. …