Arthur J. Gallagher & Co. has acquired retail insurance broker Bennett & Shade Co. in Decatur, Ill. Terms of the transaction were not disclosed.
Founded in 1906, Bennett & Shade provides commercial property/casualty, employee benefits, risk management consulting and personal lines insurance services to clients in the Midwest.
Jeffrey Shade and his associates will continue to operate in Decatur under the direction of Michael Pesch, head of Gallagher’s Midwest region retail property/casualty brokerage operation.
Source: Arthur J. Gallagher & Co.
Was this article valuable?
Here are more articles you may enjoy.
The $3 Trillion AI Data Center Build-Out Becomes All-Consuming for Debt Markets 
Trump’s Repeal of Climate Rule Opens a ‘New Front’ for Litigation 
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk 
Chubb CEO Greenberg on Personal Insurance Affordability and Data Centers 
