Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. said it has acquired Wm. W. George & Associates Inc. of Dallas. Financial terms were not released.
Gallagher said the purchased firm is a retail insurance broker providing commercial property-casualty, workers' compensation and risk management services as well as a wide range of employee benefit consulting-administration and brokerage services to clients in the United States.
The acquisition is described as specializing in the construction, real estate, financial institution, legal, not-for-profit and temporary staffing industries with a focus on midsize to large accounts. It was established in 1972.
William George and Warren Petersen, the principals, as well as their 27 associates will continue to operate in their Dallas location under the direction of Michael Henthorn, south central regional manager of Gallagher's retail property-casualty brokerage operation.
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