J. Patrick Gallagher Jr. News

Tsunami Warning: Spitzer is Coming

This is not a tsunami “watch.” This is a tsunami warning. The waves have already swept over the closest beaches, so we know they are coming. It’s too soon for casualty reports, but some mighty big places were hit very …

Arthur J. Gallagher & Co., Illinois AG, Insurance Director Reach Agreement

Arthur J. Gallagher & Co. on Wednesday reached a comprehensive agreement with the Illinois Attorney General and the Director of Insurance of Illinois to resolve issues related to industry-wide investigations surrounding contingent commissions. There was no lawsuit involved nor were …

Arthur J. Gallagher Forms Gallagher RE

Arthur J. Gallagher & Co. has announced the merger of its two U.S. reinsurance brokerage subsidiaries, Arthur J. Gallagher Intermediaries Inc. in New York and John P. Woods & Co. Inc. in New Jersey effective immediately. The surviving subsidiary will …

Gallagher Buys La.’s Marine Insurance Service

Ill.-based Arthur J. Gallagher & Co. announced it has acquired Marine Insurance Service LLC of Metairie, La. Terms of the transaction were not disclosed. Originally founded in 1975, Marine Insurance Service LLC is a retail insurance broker offering risk management, …

Conn. AG Issues Subpoena to Arthur J. Gallagher & Co. Requesting Information

Arthur J. Gallagher & Co. on Tuesday received a subpoena from the Connecticut Attorney General requesting information concerning possible violations by the company of the Connecticut antitrust laws in connection with the solicitation of bids for insurance. Gallagher intends to …

Arthur J. Gallagher Acquires Texas Brokerage

Arthur J. Gallagher & Co. announced it has acquired the Sheridan Insurance Group of Friendswood, Texas. Terms of the transaction were not disclosed. Founded in 1984, the Sheridan Insurance Group, doing business as National Health Services, is an insurance brokerage …

Arthur J. Gallagher Posts 2Q Results

Arthur J. Gallagher & Co. has announced its second quarter financial results were strong despite falling prices in the insurance market. “This was another strong quarter for Gallagher despite softening rates in the insurance marketplace. Our Brokerage and Risk Management …

Arthur J. Gallagher Acquires Johnsey Insurance Agency

Itasca, Ill.-headquartered Arthur J. Gallagher & Co. announced the acquisition of Johnsey Insurance Agency Inc., of Fresno, Calif. Terms of the transaction were not disclosed. Founded in 1942, Johnsey Insurance Agency offers risk management, property, casualty, workers’ compensation and employee …

Gallagher & Co. Increases Stake in RMP to 100%

Arthur J. Gallagher & Co. (NYSE: AJG) today announced that its subsidiary, Arthur J. Gallagher (UK) Limited acquired the remaining 50% of its United Kingdom joint venture, Risk Management Partners Ltd, from Am Re Holdings Ltd (UK), an affiliate of …

Arthur J. Gallagher Purchases Austin-Based Brokerage

Arthur J. Gallagher & Co. announced the acquisition of The Romine Group Inc. headquartered in Austin, Texas. Terms of the transaction were not disclosed. Founded in 1988, The Romine Group, Inc. offers employee benefits brokerage and consulting services to both …