J. Patrick Gallagher Jr. News

Gallagher Acquires R. P. O’Brien & Co.

National agent/broker Arthur J. Gallagher & Co. has acquired R. P. O’Brien & Co., Inc. of White Plains, New York. Terms of the transaction were not disclosed. Founded in 1988, R. P. O’Brien & Co. offers risk management, property, casualty …

Arthur J. Gallagher & Co. Acquires Louisiana Agencies

Illinois-based Arthur J. Gallagher & Co. announced it has acquired Roberts & Eastland LLC and Persac Insurance Agency of Baton Rouge, La., effective Jan. 31, 2004. Terms of the transactions were not disclosed. Roberts & Eastland and Persac Insurance were …

GALLAGHER UPS DIVIDEND:

Itasca, Ill.-based brokerage giant Arthur J. Gallagher & Co. announced that its board of directors declared a quarterly cash dividend on the company’s common stock of 25 cents per share payable April 15, 2004, to shareholders of record as of …

Arthur J. Gallagher Restructures Board of Directors

Arthur J. Gallagher announced its change to a predominantly independent board of directors. Gallagher’s board will now consist of six outside directors and two management directors, Robert E. Gallagher, chairman, and J. Patrick Gallagher, Jr., president and CEO. The change …

Gallagher Acquires Connor Hale Kerslake

Itasca, Ill.-based brokerage giant Arthur J. Gallagher & Co. announced the acquisition of London-based Connor Hale Kerslake Ltd. Terms of the transaction were not disclosed. It is Gallagher’s 13th acquisition in 2003. Formed in 1995, Connor Hale Kerslake is a …

A.J. Gallagher Increases Stake in Wyatt Gallagher Bassett

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, headquartered in Itasca, Ill., announced that its subsidiary, Gallagher Bassett Services Inc., acquired the remaining 50 percent of its Australian joint venture, Wyatt Gallagher Bassett Pty …

Gallagher’s Earnings Up 32% in Second Quarter

Itasca, Ill.-based brokerage giant Arthur J. Gallagher & Co. reported its financial results for the three- and six-month periods ended June 30, 2003. “We are extremely pleased with the pretax margin improvements seen in our Brokerage segment during the second …

PLUS to Host Industry Roundtable in Chicago

The Midwest Chapter of the Professional Liability Underwriting Society will host an industry leaders’ roundtable in Chicago. Featured speakers from each segment of the insurance industry include J. Patrick Gallagher Jr., CEO of Arthur J. Gallagher & Co., Greg Flood, …

Gallagher Profit Down 64.7%, Revenues Up 22%

Itasca, Ill.-based brokerage giant Arthur J. Gallagher & Co.’s first-quarter net income dropped by 64.7 percent in the first quarter to $11.9 million, while the firm reported $254.3 million in revenues, up by 22 percent. According to a statement, Gallagher …

Gallagher Earnings Up 29% in Fourth Quarter

Insurance brokerage giant Arthur J. Gallagher & Co. rode the hard market wave to a 29 percent increase in fourth-quarter net operating earnings of $40.8 million, or 44 cents per share, and the companys says the tide will stay high …