MEADOWS, Ill., Jan. 3, 2023 /PRNewswire/ -- Arthur
J. Gallagher & Co. today announced the acquisition of
Abilene, Texas-based CBS
Insurance, LLP. Terms of the transaction were not disclosed.
Founded in 1992, CBS Insurance is a retail insurance agency
providing property/casualty and health/benefits coverages to
clients throughout Texas and the
surrounding region. Peter Lauve,
Steve Senter and their partners and
associates will remain in their current location under the
direction of Bret VanderVoort, head
of Gallagher's South Central retail property/casualty brokerage
"CBS Insurance is a well-regarded insurance agency with a strong
growth record that expands our retail insurance and consulting
capabilities in Texas," said J.
Patrick Gallagher, Jr., Chairman,
President and CEO. "I am very pleased to welcome Peter, Steve and
their team 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
VP - Investor
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