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Arthur J. Gallagher Buys Shuford Insurance

mergers_acquisitions_225px-w_bwNovember 24, 2009 (FinancialWire) — –Arthur J. Gallagher & Co. (NYSE: AJG) has acquired Shuford Insurance Agency, Inc. Terms of the transaction were not disclosed.

Concord, North Carolina-based Shuford Insurance is an independent insurance agency offering personal and commercial property/casualty insurance products and services to their clients throughout the Eastern United States. They specialize in insurance for many industries including motorsports, construction and manufacturing and for personal lines coverages.

Itasca, Illinois-based Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm. The company has operations in 15 countries and does business in more than 100 countries through a network of correspondent brokers and consultants.

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