Tuesday, May 19, 2009

Arthur J. Gallagher & Co. Acquires Nourse Insurance Brokers, Inc.

Arthur J. Gallagher & Co. today announced the acquisition of Nourse Insurance Brokers, Inc. in Walnut Creek, California. Terms of the transaction were not disclosed.

Founded in 1935, Nourse Insurance Brokers, Inc. is a retail insurance broker offering personal and commercial property/casualty insurance products and services to their clients throughout the Western United States. They have expertise with personal lines, especially high net worth clients, and offer insurance programs that meet the needs for small to medium sized businesses. Dina Campana Smith, James B. Salisbury and their associates will continue to operate in their Walnut Creek location under the direction of James G. McFarlane, West Coast Regional Manager of Gallagher's retail property/casualty brokerage operations.

J. Patrick Gallagher, Jr., Chairman, President and CEO said, "Nourse Allowance Brokers' able agents has an accomplished acceptability for their industry acquaintance and solid bazaar relationships. Their team-based ability and outstanding applicant account will be a admirable accompaniment to our West Coast Region. We attending advanced to alive with Dina, Jim and their aggregation for abounding years to come, and we acceptable them to our growing Gallagher ancestors of professionals."

Arthur J. Gallagher & Co., an all-embracing allowance allowance and accident administration casework firm, is headquartered in Itasca, Illinois, has operations in 15 countries and does business in added than 100 countries about the apple through a arrangement of contributor brokers and consultants. Gallagher is traded on the New York Stock Exchange beneath the attribute AJG.

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