Arthur J. Gallagher & Co. Acquires B&W Insurance Agency, Inc.

Rhea-AI Summary

Arthur J. Gallagher & Co (NYSE:AJG) announced on February 17, 2026 the acquisition of Washington, Pennsylvania-based B&W Insurance Agency, Inc. Terms were not disclosed. B&W provides personal lines and commercial brokerage services in southwest Pennsylvania and will operate under Gallagher Select led by Jen Tadin.

Paul Barzd III, Jim Cote and their team will remain at their current location, joining Gallagher's U.S. property/casualty operations for small businesses and personal insurance.

News Market Reaction

+2.66%

1 alert

+2.66% News Effect

On the day this news was published, AJG gained 2.66%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

ROLLING MEADOWS, Ill., Feb. 17, 2026 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Washington, Pennsylvania-based B&W Insurance Agency, Inc. Terms of the transaction were not disclosed.

B&W Insurance Agency provides personal lines and commercial brokerage services to clients in southwest Pennsylvania. Paul Barzd III, Jim Cote and their team will remain in their current location under the direction of Jen Tadin, head of Gallagher Select, its U.S. property/casualty operations for small businesses and personal insurance.

"B&W Insurance Agency has a strong local reputation and deepens our brokerage capabilities for small businesses," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am very pleased to welcome Paul, Jim and their associates to Gallagher."

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.

Investors: Ray Iardella, VP - Investor Relations	Media: Paul Day, Senior Media Relations Manager
630-285-3661/ ray_iardella@ajg.com	630-285-5946/ paul_day1@ajg.com

 

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SOURCE Arthur J. Gallagher & Co.

FAQ

What did Arthur J. Gallagher (AJG) announce on February 17, 2026?

AJG announced the acquisition of B&W Insurance Agency, Inc. in Washington, Pennsylvania. According to the company, terms were not disclosed and B&W will join Gallagher Select to serve small business and personal insurance clients in southwest Pennsylvania.

Where will B&W Insurance Agency operate after the AJG acquisition?

B&W will continue operating from its current Washington, Pennsylvania location under AJG's ownership. According to the company, Paul Barzd III, Jim Cote and their team will remain in place and report to Jen Tadin at Gallagher Select.

Were the financial terms disclosed for AJG's acquisition of B&W Insurance Agency (AJG)?

No, AJG did not disclose the transaction terms for the B&W acquisition. According to the company, the announcement confirms the acquisition but explicitly states that financial terms were not revealed.

How does the B&W acquisition affect AJG's presence in Pennsylvania?

The acquisition expands AJG's local brokerage capabilities in southwest Pennsylvania. According to the company, B&W's personal lines and commercial brokerage services deepen Gallagher's small-business and personal insurance offering in the region.

Who will manage B&W within Arthur J. Gallagher after the acquisition (AJG)?

B&W will operate under the direction of Jen Tadin, head of Gallagher Select. According to the company, existing leaders Paul Barzd III and Jim Cote will remain with the team at their current location.