Business Insurance

Login  |  Register Subscribe

Arthur J. Gallagher & Co. Subscribe to RSS feed for 'Arthur J. Gallagher & Co.'

Arthur J. Gallagher accelerates global push with purchase of Australia broker

By: Mark A. Hofmann

Published April 13, 2014 - 6:00am CST

Arthur J. Gallagher's proposed buyout of Australian conglomerate Wesfarmers' insurance brokerage operations would instantly give Gallagher a giant footprint in Australia and position the large U.S. broker for growth in Asia.

Planned $938.5M buyout of Australian brokerage a 'coup': Gallagher CEO

By: Mark A. Hofmann

Published April 07, 2014 - 3:12pm CST

In the biggest deal of its history, Arthur J. Gallagher & Co.'s proposed buyout of the insurance brokerage operations of Australia's Wesfarmer Ltd. is a “coup” for the Itasca, Ill.-based broker, according to Gallagher's CEO.

Arthur J. Gallagher reports net income of $49.3M in first quarter

By: Matthew Lerner

Published April 07, 2014 - 10:57am CST

Arthur J. Gallagher & Co. reported first-quarter 2014 net income of $49.3 million, up 21.7% from the prior-year quarter, the insurance broker said in its earnings statement Monday.

Arthur J. Gallagher makes its biggest deal by far

Published April 06, 2014 - 9:25pm CST

Insurance brokerage Arthur J. Gallagher & Co. agreed to pay $938 million for the insurance brokerage units of Australian conglomerate Wesfarmers Ltd.

Arthur J. Gallagher enters New Zealand with Mike Henry brokerage buy

By: Matthew Lerner

Published April 04, 2014 - 11:12am CST

Itasca, Ill.-based Arthur J. Gallagher & Co. has acquired Auckland, New Zealand-based retail broker Mike Henry Insurance Brokers Ltd., Gallagher said Friday.

Gallagher acquires London's Oval Group brokerage for $331M

By: Matthew Lerner

Published April 01, 2014 - 1:07pm CST

Arthur J. Gallagher & Co., has acquired London-based Oval Group of Cos., a brokerage and financial services firm, for £199 million ($331.1 million) in cash, Itasca, Ill.-based Gallagher said Tuesday.

Gallagher acquires New York brokerage

Published March 26, 2014 - 1:14pm CST

Arthur J. Gallagher & Co. has acquired Spataro Insurance Agency, Inc. of Burnt Hills, N.Y.

Gallagher, Hartford, Sompo Japan, Swiss Re named 'most ethical' companies

By: Mark A. Hofmann

Published March 20, 2014 - 1:11pm CST

Four property/casualty insurance industry companies have been recognized as a “World's Most Ethical Company” by the Ethisphere, a New York-based think tank.

Arthur J. Gallagher to keep headquarters in Illinois

By: Ryan Ori, Crain's Chicago Business

Published March 06, 2014 - 1:47pm CST

Insurance broker Arthur J. Gallagher & Co. will move its headquarters to Rolling Meadows, Ill., where it plans to add 500 jobs over the next five years.

Gallagher enters Peruvian market with partnership deal

By: Mark A. Hofmann

Published February 28, 2014 - 3:12pm CST

Arthur J. Gallagher & Co. and Mexican brokerage Grupo CP are partnering to buy a 56% stake in Lima, Peru-based JAO & Partners, Itasca, Ill.-based Gallagher announced Friday.

A flurry of M&A activity ushers in 2014

Published January 02, 2014 - 1:42pm CST

Out with the old, in with the new. During the past few days, major brokerages have honored this ancient bit of New Year’s advice by emphasizing the new by with a series of acquisitions.

Arthur J. Gallagher acquires Cleaveland Insurance

By: Joanne Wojcik

Published December 26, 2013 - 4:33pm CST

Arthur J. Gallagher & Co. is acquiring Cleaveland Insurance Group, a Rock Island, Ill.-based retail insurance broker serving the middle market.

Arthur J. Gallagher buys mid-market broker McIntyre

By: Joanne Wojcik

Published December 23, 2013 - 4:22pm CST

Arthur J. Gallagher & Co. is acquiring a Cherry Hill, N.J.-based retail broker catering to upper middle-market and international companies.

Workplace diversity leads to overall success: Women to Watch panel

By: Matt Dunning

Published December 03, 2013 - 2:57pm CST

NEW YORK — In addition to full-throated support at the top rungs of the corporate ladder, success in promoting workforce diversity requires a companywide culture of inclusiveness and formalized program structuring, according to a panel of senior insurance executives.

Gallagher Bassett worker can proceed with tort claim for shoulder injury

By: Sheena Harrison

Published November 19, 2013 - 2:11pm CST

A Florida employee of Gallagher Bassett Services Inc. can proceed with a tort claim against her former employer after the company argued her shoulder injury was unrelated to her job, the 11th U.S. Circuit Court of Appeals in Atlanta ruled Tuesday.

Arthur J. Gallagher buys mid-market Texas benefits brokerage

By: Matt Dunning

Published November 07, 2013 - 10:00am CST

Arthur J. Gallagher & Co. announced that it has acquired Addison, Texas-based benefits brokerage Employee Benefits Analysis Corp.

AssuredPartners, Gallagher announce acquisitions

Published November 01, 2013 - 1:20pm CST

AssuredPartners Inc., through its subsidiary AssuredPartners of New Jersey, has acquired Wilkes-Barre, Pa.-based Eastern Insurance Acquisition Agency, L.L.C. which does business as Eastern Insurance Group. The agency specializes in commercial insurance, personal insurance and life, health and employee benefit programs for individuals and businesses of all sizes. The group is one of the largest...

Gallagher reports a 21% jump in quarterly profit

By: Matthew Lerner

Published October 29, 2013 - 5:19pm CST

Brokerage Arthur J. Gallagher & Co. reported third-quarter net income of $74.6 million, a 21% increase over the same period last year, the company said in a statement late Tuesday.

USI Insurance launches private health care benefits exchange

By: Matt Dunning

Published October 17, 2013 - 1:55pm CST

USI Insurance Services L.L.C. this week became the latest U.S.-based insurance brokerage to offer a private insurance exchange for all USI clients seeking greater control of their group benefit costs.

Gallagher, AssuredPartners announce acquisitions

Published October 07, 2013 - 10:47am CST

Itasca Ill.-based Arthur J. Gallagher & Co. has acquired RJ Dutton Inc. of Overland Park, Kan.

Gallagher acquires fine arts team

Published September 25, 2013 - 8:48am CST

Itasca, Ill.-based Arthur J. Gallagher & Co. today announced that it has acquired the fine arts broker team of Jeffrey Haber and Michael Fischman located in New York, Gallagher announced earlier this week.

Gallagher announces new $600 million credit facility

By: Bill Kenealy

Published September 19, 2013 - 12:19pm CST

Arthur J. Gallagher & Co. announced a new credit facility on Thursday.

Gallagher acquires Wisconsin-based MGA

Published September 12, 2013 - 9:06am CST

Arthur J. Gallagher & Co. has acquired Eau Claire, Wis.-based R. W. Scobie, Inc.

Arthur J. Gallagher grows its U.K. business with purchase of Giles Group

By: Bill Kenealy

Published September 08, 2013 - 6:00am CST

Arthur J. Gallagher & Co.'s purchase last week of London-based brokerage Giles Group of Cos. underscores large U.S. brokerages' need to grow overseas.

Gallagher buys London-based Giles Group for $362 million

By: Bill Kenealy

Published September 04, 2013 - 12:27pm CST

In its second major transaction in a month, Arthur J. Gallagher & Co. said Wednesday that it plans to acquire London-based Giles Group of Cos. for £233 million ($362.1 million) in cash.

More »