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Arthur J. Gallagher reported 2010 fourth-quarter net income more than doubled over 2009 despite the soft insurance market and lingering effects of the economic downturn.

Arthur J. Gallagher reported 2010 fourth-quarter net income more than doubled over 2009 despite the soft insurance market and lingering effects of the economic downturn.

Formed in 1986, Premier Risk Services is a retail insurance broker providing commercial property/casualty, employee benefits insurance and consulting services to its clients in the Midwest.

Behnke & Co. is a retail insurance broker providing commercial property/casualty, employee benefits and risk management consulting services to their clients throughout the U.S.

Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. said it has acquired Benefits Unlimited Inc. in Houston.

Arthur J. Gallagher & Co. said today that it has acquired the remaining 60 percent equity interest in Specialised Broking Associates Pty Ltd in Australia.

With its chief executive calling the current business climate the most difficult since the Great Depression, Arthur J. Gallagher (AJG) reported flat net income for the 2010 second quarter and another quarter of organic growth decline.

Hudson is appointed to president and CEO of Arthur J. Gallagher & Co., and is vice president for the company's executive management committee.