Welcome to our dedicated page for Gallagher (ARTHUR J.) & Co. news (Ticker: AJG), a resource for investors and traders seeking the latest updates and insights on Gallagher (ARTHUR J.) & Co. stock.
Arthur J. Gallagher & Co. (NYSE: AJG) is a global insurance brokerage, risk management and consulting services firm headquartered in Rolling Meadows, Illinois. This news page aggregates company‑specific updates so readers can follow how Gallagher’s insurance and risk management activities translate into corporate developments and market‑relevant information.
Recent news releases highlight several recurring themes in Arthur J. Gallagher & Co.’s coverage. The company regularly announces quarterly earnings results, including detailed financial tables for its Brokerage and Risk Management segments, as well as adjusted non‑GAAP measures such as EBITDAC and organic revenue growth. These earnings announcements are typically accompanied by webcast conference calls where management discusses financial performance and business operations.
Another major category of news involves acquisitions and expansion. Gallagher has reported transactions such as the acquisition of Surescape Insurance Services, LLC, a surety specialist and insurance agency serving the construction industry across the United States, and Strategic Services Group, Inc., an employee benefits consulting firm in Michigan and the Midwest. The company has also been referenced as the buyer of Tompkins Insurance Agencies, Inc., a retail insurance agency offering property and casualty products and employee benefits solutions in Pennsylvania and New York. In addition, SEC filings and related communications describe the completion of a significant acquisition of Dolphin Topco, Inc. from The AssuredPartners Group LP.
Investors and observers will also find announcements about investor meetings, webcasts and dividends. Gallagher issues notices for regularly scheduled investor meetings and informal management sessions with the investment community, often providing access to presentation materials and updated “CFO Commentary.” The company has also announced regular quarterly cash dividends on its common stock.
Occasionally, Arthur J. Gallagher & Co. appears in news related to brand partnerships and sponsorships, such as its title sponsorship of the Gallagher Cup – The Rematch: Ireland vs. All Blacks, where it is described as one of the world’s largest insurance brokerage, risk management and consulting firms and the Official Insurance Broker of New Zealand Rugby.
For anyone tracking AJG news, this page offers a focused view of Gallagher’s earnings releases, acquisition activity, investor communications and selected corporate initiatives, helping readers understand how the company’s insurance brokerage and risk management operations evolve over time.
Arthur J. Gallagher (NYSE: AJG) announced the acquisition of The Merriam Agency, a full-service insurance agency based in upstate New York and Colorado Springs, Colorado, with a focus on nonprofit clients. Founded in 1895, The Merriam Agency brings 125 years of experience and valuable relationships, enhancing Gallagher's expertise in this market. Brian Merriam and his team will report to Patrick Kennedy, head of Gallagher's Northeast operations. This strategic move aims to expand Gallagher's capabilities and strengthen its position in the insurance sector.
Arthur J. Gallagher & Co. announced the acquisition of Erin P. Collins & Associates, Inc. (ECA), based in Kingman, Arizona. The transaction's terms were not disclosed. Founded in 1994, ECA specializes in employee benefits and workplace wellbeing consultancy throughout Arizona. Erin Collins and his team will continue to operate under Gallagher's Southwest region. This acquisition aligns with Gallagher's health and welfare strategy, enhancing its benefits capabilities in the Southwest and providing unique cross-selling opportunities.
Arthur J. Gallagher & Co. (NYSE: AJG) announced the acquisition of The Kirksey Agency, Inc., based in West Monroe, Louisiana, which has a strong focus on crop insurance. Founded in 1980, The Kirksey Agency has recently expanded its product offerings to include various commercial and personal services throughout the South Central United States. Bill and Grace Kirksey will maintain their roles under Gallagher's Mid-South region management. This acquisition is expected to enhance Gallagher's agricultural capabilities and client offerings in the region.
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Arthur J. Gallagher & Co. (NYSE: AJG) will hold its quarterly management meeting on September 16, 2020, from 8:00 a.m. CT to 10:30 a.m. CT. The meeting will occur via a virtual conference call, where company leaders will discuss business operations and financial outlook, followed by a Q&A session with investors. The call can be accessed live on Gallagher's website, with a replay available until September 25, 2020. Relevant information will be released on the meeting day at 7:30 a.m. CT.
Arthur J. Gallagher & Co. (AJG) has acquired Insight Insurance & Risk Management Ltd., a retail insurance broker based in Edmonton, Alberta. Although the terms of the transaction remain undisclosed, Insight, founded in 2013, serves a diverse clientele primarily in Western Canada, with expertise in construction, real estate, hospitality, and sports. The Insight team will continue operations under Gallagher's leadership, enhancing its client base and capabilities in key sectors. This acquisition aligns with Gallagher's strategy to expand its global footprint in the insurance brokerage market.
Arthur J. Gallagher & Co. (AJG) reported strong financial results for Q2 2020, with revenues of $1.55 billion, down from $1.62 billion in Q2 2019. Notably, diluted EPS improved to $0.79 from $0.58. The Brokerage segment saw a 6% revenue increase, while Risk Management revenue slightly decreased by 9.6%. Despite COVID-19 challenges, the company maintained robust expense control, leading to a net earnings increase of 33% to $161.8 million. Management remains confident in future growth with M&A activity expected to ramp up, alongside cost-saving measures projected to yield up to $70 million in savings per quarter.
Arthur J. Gallagher & Co. (NYSE: AJG) has declared a quarterly cash dividend of $0.45 per share on its Common Stock. This dividend is set to be payable on September 18, 2020, to stockholders of record as of September 4, 2020. The company, headquartered in Rolling Meadows, Illinois, operates in 49 countries and provides services in over 150 countries globally, making it a significant player in the insurance brokerage and risk management sector.
Arthur J. Gallagher & Co. (NYSE: AJG) announced it will release its second quarter 2020 earnings after the market closes on July 30, 2020. A conference call hosted by J. Patrick Gallagher, Jr., Chairman, President, and CEO, will take place on the same day at 5:15 PM ET. Interested parties can listen to the live call through the company's website, with a replay available shortly after. Gallagher operates in 49 countries, providing insurance brokerage and risk management services globally.
Arthur J. Gallagher & Co. (AJG) announced the acquisition of Meridian, Idaho-based Cunnington & Associates, Inc., a full-service insurance agency established in 2005. The transaction aims to enhance Gallagher's presence in the Northwest and expand cross-selling opportunities, particularly with employee benefits. Cunnington & Associates specializes in risk management and services for sectors including agriculture, construction, and healthcare. The terms of the transaction remain undisclosed, and the Cunnington team will continue to operate under Gallagher's regional management.
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