Arthur J. Gallagher & Co. News

Arthur J. Gallagher Reported 2Q Profit of $153.7M

Arthur J. Gallagher & Co. reported second-quarter profit of $153.7 million. The Rolling Meadows, Ill.-based company said it had net income of 79 cents per share. Earnings, adjusted for non-recurring costs, were 94 cents per share. The results topped Wall …

Arthur J. Gallagher Acquires Boldt Risk Management Solutions in California

Arthur J. Gallagher & Co. has acquired Los Angeles, Calif.-based Boldt Risk Management Solutions. Terms of the deal were not disclosed. The BRMS team will join with Gallagher’s Glendale and Irvine offices, under the direction of Melissa Cerny, area president …

Capsicum Re Names New Chairman as Chilton Takes on New Role Within Gallagher

Capsicum Re, the specialist reinsurance broker, has announced the appointment of Raja Balasuriya as its chairman. He succeeds fellow Capsicum Re founder Grahame Chilton in the role, who it was announced would re-join the wider Gallagher business – working alongside …

Arthur J. Gallagher Acquires Cunnington & Associates in Idaho

Arthur J. Gallagher & Co. has acquired Meridian, Idaho-based Cunnington & Associates Inc. Greg and Nick Cunnington and their associates will continue to operate from their current location under the direction of Jim Buckley, head of Gallagher’s Northwest region retail …

Arthur J. Gallagher & Co. Acquires Florida’s Barrett, Liner & Buss

Arthur J. Gallagher & Co. has acquired Ocala, Fla.-based Barrett, Liner & Buss LLC. Terms of the transaction were not disclosed. Founded in 1981, Barrett, Liner & Buss offers a range of employee benefit solutions to Florida employers representing a …

Arthur J. Gallagher & Co. Acquires CRES Insurance in Nevada

Arthur J. Gallagher & Co. has acquired Las Vegas, Nev.-based CRES Insurance Services LLC. Terms of the deal were not disclosed. The CRES team will continue to operate from their current locations in Las Vegas and San Diego under the …

Gallagher Releases Pandemic Group Insurance Product for India’s Front-Line Workforce

International insurance broker Gallagher announced the release of a Pandemic Group Insurance product, providing a comprehensive COVID-19 indemnity cover solution to the India market. For essential workers and front-line services including hospital and healthcare providers, food distribution, and pharmaceutical manufacturers, …

Arthur J. Gallagher Acquires McConnell, Manit & Trout in California

Arthur J. Gallagher & Co. has acquired McConnell, Manit & Trout Insurance Services LLC in San Louis, Obispo, Calif. Terms of the deal were not disclosed. Rick McConnell, Mike Manit, Doug Trout and their associates will continue to operate from …

Arthur J. Gallagher Acquires New York’s CMS

Arthur J. Gallagher & Co. has acquired Melville, N.Y.-based CMS LLC. Terms of the transaction were not disclosed. Founded in 1996, CMS LLC is a full-service wholesale insurance broker working with agents across the U.S. The team specializes in placing …

Arthur J. Gallagher & Co. Acquires Illinois’ Affiliated Benefit Consultants

Arthur J. Gallagher & Co. has acquired Oakbrook, Illinois-based Affiliated Benefit Consultants Inc. Terms of the transaction were not disclosed. Founded in 1986, Affiliated Benefit Consultants offers a full suite of benefits consulting services to clients throughout the United States. …