On July 18, Arthur J. Gallagher & Co. announced the acquisition of Foundation Strategies, Inc. in Katy, Texas. Terms of the transaction were not disclosed.
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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 region 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.
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.
On June 13, Arthur J. Gallagher & Co. announced the acquisition of The Plus Companies, Inc. in Bridgewater, New Jersey. Terms of the transaction were not disclosed.
On June 11, Arthur J. Gallagher & Co. announced the acquisition of Tri-State General of Salisbury, Maryland. Terms of the transaction were not disclosed.
Douglas K. Howell, Chief Financial Officer of Arthur J. Gallagher & Co. (NYSE: AJG), will speak at the Stephens' 2014 Spring Investor Conference at the New York Palace Hotel in New York on Wednesday, June 4, 2014 at 3:00 p.m.ET. To listen to the live audio webcast of Mr. Howell's comments, log onto the conference website at http://wsw.com/webcast/stph22/ajg . A replay of this webcast will be available at the same URL within 24 hours and remain archived at the same link through September 4, 2014.
On May 27, Arthur J. Gallagher & Co. announced the acquisition of MGA Insurance Group of Lakewood Ranch, Florida. Terms of the transaction were not disclosed.