On July 25, Arthur J. Gallagher & Co. announced that Vishal Jain, who currently oversees the company's service center operations, has been appointed Chief Service Officer. In this new role, he will lead Gallagher's ongoing efforts to enhance customer service while improving operational efficiency and quality across divisions. He will report directly to J. Patrick Gallagher, Jr., Chairman, President and Chief Executive Officer. In addition, the company's Board of Directors has appointed Mr. Jain a Corporate Vice President.
On July 22, Arthur J. Gallagher & Co. announced that it signed an agreement to acquire the assets of Baker Tilly's Employee Benefits Solutions business, which has annualized revenues of approximately $11.5 million and is located in the United Kingdom. Other terms of the transaction were not disclosed. This agreement is subject to the satisfaction of certain conditions and the transaction is expected to close in the third quarter 2014.
On July 18, Arthur J. Gallagher & Co. announced the acquisition of Foundation Strategies, Inc. in Katy, Texas. Terms of the transaction were not disclosed.
As confirmed on July 2, 2014, Tropical Storm Arthur off the southeast coast of Florida has now become a Category 1 Hurricane. Weather patterns for communities in its path from Florida up through the Northeast coat should be prepared and work to avoid creating dangerous situations they could create that may require emergency personnel to be involved. This could include beach activities battling rip currents and remaining more indoors until the weather risks. It’s highly recommended to monitor the hurricane’s activities near you to determine your safety through the Fourth of July weekend. Current weather updates and safety recommendations surrounding Hurricane Arthur are be released.
Arthur now has sustained maximum winds of 90 mph and is hovering 70 miles south-southwest of Cape Fear, North Carolina, while moving north-northeast at approximately 10 mph.It is predicted to become a Category 2 hurricane as it nears the North Carolina coast tonight or early Friday.
In addition to our cleaning up after recent storms, tornadoes and flooding, we now have tropical storm threats building on both the Southeast and Western coastlines. Tropical Storm Arthur is rattling communities from southeast Florida through the Carolinas and up to New England. What's ahead for the Fourth of July weekend throughout the U.S.?
On July 2, Arthur J. Gallagher & Co. announced that it has completed the acquisition of the Canadian insurance broker, Noraxis Capital Corporation.
Preview this month’s installment of Arthur J. Gallagher & Co.’s Pitfalls & Perils of 2014 focused on ten FMLA (Family and Medical Leave Act) issues impacting employers’ workforce planning needs now.
Arthur J. Gallagher & Co. will release its second quarter 2014 earnings after the market closes on Tuesday, July 29, 2014. A printer-friendly format will be available on the company's website shortly thereafter.
Every few days or each week lately, adverse weather continues to be reported in most areas throughout the U.S. It could be anything from drought-ridden areas at risk of wildfires or fires from lightning strikes to the Mid-Central Plains, Midwest and Southern regions struggling to battle historic and nearly unmanageable flooding. Based up recent reports, there doesn't appear to be any relief in sight nor a break in this weather pattern anytime soon. Please continue to remain apprised of weather threats or developments in your area and/or access our Disaster resources in our site.