Itasca, Ill. — Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, Itasca, Ill., recently announced the acquisition of California Insurance Center Inc. of Lafayette, Calif. Terms of the transaction were not disclosed.
Founded in 1929, California Insurance Center Inc. is a Lafayette, Calif.-based retail insurance broker offering risk management and commercial property/casualty insurance services to their large institutional and middle-market commercial clients in the western United States. They also specialize in insurance programs for the construction, real estate/hospitality, marine, private equity and manufacturing industries. Cory Higgins, Dan McCormick and their team will continue to operate from their current location under the direction of James McFarlane, West Coast Regional Manager of Gallagher's retail property/casualty brokerage operation.
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