Arthur J. Gallagher Buys Heiser Insurance Agency - Quick Facts - InvestingChannel

Arthur J. Gallagher Buys Heiser Insurance Agency – Quick Facts

Arthur J. Gallagher & Co. (AJG: Quote) announced the acquisition of Heiser Insurance Agency, Inc. in Morton, Illinois. Terms of the transaction were not disclosed. Heiser Insurance Agency Inc. or HIA is a retail insurance broker providing retail property/casualty, employee benefits and risk management insurance services for their commercial clients throughout the Midwestern United States. They specialize in both the transportation and manufacturing industries.

The company said that Sam Parrott and his team will continue to operate in their current location under the direction of Thomas J. Gallagher, head of Gallagher’s Midwest retail property/casualty brokerage operations.

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by RTT Staff Writer

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