Latest A.J. Gallagher Headlines
All the headlines from our A.J. Gallagher Topic Page, ordered by recency.
Public Broker Stocks Down in Dec. as 2007 Closes With 205 M&A Deals
Feb 24 2008 // Stock Prices: Brokerage stocks mimicked the overall uneasiness of the stock market during January. Hilb Rogal & Hobbs (NYSE:HRH) traded down 11.2 percent while Arthur J. Gallagher traded up 5 percent. Overall the...
Arthur J. Gallagher Acquires Houston-based Leicht General Agency
Feb 20 2008 // Ill.-based Arthur J. Gallagher & Co. announced that its subsidiary, Risk Placement Services Inc., acquired Leicht General Agency, headquartered in Houston. Terms of the transaction were not disclosed. Established in...
Arthur J. Gallagher Acquired Utah’s Taylor Benefits
Feb 19 2008 // Arthur J. Gallagher & Co. acquired Taylor Benefits located in Holladay, Utah. Terms of the transaction were not disclosed. Doug Taylor and his associates will continue to operate in their current location under the...
Arthur J. Gallagher Acquires Oakland’s CEM Insurance Services
Jan 31 2008 // Arthur J. Gallagher & Co. today announced the acquisition of Crist Elliott Machette Insurance Services, Inc. of Oakland, Calif. Terms of the transaction were not disclosed. Incorporated in 1993, Crist Elliott Machette...
Arthur J. Gallagher to Sell Reinsurance Unit, Ireland Brokerage; Layoff 400
Jan 30 2008 // Itasca, Illinois-based insurance brokerage Arthur J. Gallagher & Co. reported a drop in profit for the fourth quarter and announced it would sell its global reinsurance operation and its small Ireland-based wholesale...
Business Moves
Jan 13 2008 // R.E. Chaix & Associates, Katie Freeman Insurance Services Irvine, Calif.-based R.E. Chaix & Associates Insurance Brokers Inc. has agreed to purchase Katie Freeman Insurance Services Inc. Neither companies’...
Arthur J. Gallagher Acquires Wholesaler AVRECO
Jan 4 2008 // Arthur J. Gallagher & Co. recently announced the acquisition of AVRECO, based in Chicago, from The Park Group, Inc. The transaction was effective Dec. 31, 2007 and terms were not disclosed. Founded in 1962, AVRECO is...
Mass. Reports $4M Judgment Against Insurance Broker Wm. Gallagher
Dec 21 2007 // Massachusetts officials say they have won a $4 million judgment against a large Boston-based insurance broker over questionable compensation and reinsurance practices. Attorney General Martha Coakley’s office...
Arthur J. Gallagher Acquires School Specialist Koster Insurance in Mass.
Dec 20 2007 // Insurance broker Arthur J. Gallagher & Co. reports it has acquired Koster Insurance Agency, Inc. of Quincy, Mass. Terms of the transaction were not disclosed. Founded in 1994, Koster Insurance Agency, Inc. specializes...
Edgewood Partners Makes Two Appointments
Dec 20 2007 // San Mateo, Calif.-based Edgewood Partners Insurance Center has hired Jim Halbleib as a principal and executive vice president for the San Mateo office. Halbleib will produce and manage regional, national and global...
Gallagher Acquires 38.5% Stake in Jamaica’s CGM Group
Dec 17 2007 // Arthur J. Gallagher & Co. announced that it has acquired a 38.5 percent equity interest in CGM Group Limited, headquartered in Kingston, Jamaica. Terms of the transaction were not disclosed. CGM, which started in...
Arthur J. Gallagher & Co. Acquires La.’s Powell Insurance Agency
Dec 7 2007 // 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...
Business Moves
Dec 2 2007 // INAMAR, ACE Recreational Marine ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, announced that INAMAR, its marine marketing and underwriting division, will now be known as ACE Recreational...
Arthur J. Gallagher to Acquire Pa.-Based Yanni Partners
Nov 16 2007 // Arthur J. Gallagher & Co. has signed a definitive agreement to acquire Yanni Partners Inc. of Pittsburgh, Pa. Terms of the transaction were not disclosed. The transaction is expected to close before Jan. 31,...
Business Moves
Oct 27 2007 // Arthur J. Gallagher, BIS Arthur J. Gallagher & Co. acquired BIS Insurance Services Inc. of Sacramento, Calif. Terms of the transaction were not disclosed. Founded in 1979, BIS Insurance Services is an employee...
Gallagher Named Calif. State Fund Employee Services Manager
Oct 17 2007 // Eileen Gallagher has been promoted to employee services manager for California State Compensation Insurance Fund’s Human Resources Department. Gallagher brings more than 17 years of workers’ compensation...
Arthur J. Gallagher Acquires Calif. Benefits Broker BIS
Oct 5 2007 // Arthur J. Gallagher & Co. has acquired BIS Insurance Services Inc. located in Sacramento, Calif. Terms of the transaction were not disclosed. Founded in 1979, BIS Insurance Services is an employee benefits insurance...
Bixby to Lead Wm. Gallagher’s New N.Y. Office
Sep 10 2007 // William Gallagher Associates has opened a new office in New York City, which will be ehaded by Doug Bixby, senior vice president. The office is the fifth in addition to WGA’s corporate headquarters in Boston,...
Flanagan and Lamprecht Join Aon Risk Services in Chicago
Aug 16 2007 // Aon Corp. recently announced that Michael S. Flanagan has been named managing director within the Aon Technology Group and Michael C. Lamprecht has been named senior vice president within the Aon Financial Services Group....
Gallagher (UK), MAP Launch Israeli War & Terrorism Coverage
Jun 21 2007 // Arthur J. Gallagher (UK) Limited in conjunction with MAP, a specialist insurer at Lloyd’s, has launched an insurance facility for terrorism liability. The new product aims to provide coverage for tourist and study...
