News & Events

Arthur J. Gallagher & Co. Signs Agreement To Acquire Baker Tilly's Employee Benefits Business

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.

Category 1 Hurricane Arthur & Other Severe Weather through July 4

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.

ALERT: Hurricane Arthur to Strengthen to Category 2 by July 4

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.

The First 2014 Tropical Storms and Severe Weather Anticipated

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.?

Unstoppable Storm Activity and Damage Raging Through the U.S.

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.

Arthur J. Gallagher & Co. Announces $700 Million Private Placement Debt Transaction

On June 24, Arthur J. Gallagher & Co. announced that the company has completed and funded a note purchase agreement for the private placement of $700 million of senior unsecured notes. The agreement provides for six series of notes with a weighted average coupon rate of 4.02% and maturities as follows: $50 million due in each of 2018, 2019 and 2020, $200 million due in 2023, $200 million due in 2025 and $150 million due in 2026. Further details regarding these notes are available in our Current Report on Form 8-K filed with the SEC.