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Gallagher Issues Statement on AssuredPartners of South Florida Settlement
Gallagher said the settlement was reserved under the purchase agreement and did not change the price it paid for AssuredPartners.
- On Tuesday, Arthur J. Gallagher & Co. issued a statement regarding a civil settlement between the U.S. Department of Justice, AssuredPartners of South Florida, and AssuredPartners, Inc.
- The settlement covers actions at an agency owned by AssuredPartners of South Florida from February 2021 through September 2022, a period predating Gallagher's August 2025 acquisition of AssuredPartners, Inc.
- During pre-acquisition due diligence, Gallagher became aware of the government investigation, which was subsequently considered under the purchase agreement for AssuredPartners, Inc.
- The settlement amount was fully reserved and does not impact the purchase price Gallagher paid for AssuredPartners, Inc., shielding the acquisition value from legal costs.
- Headquartered in Rolling Meadows, Illinois, Gallagher operates as a global insurance brokerage and risk management firm providing services in approximately 130 countries through owned operations and correspondent networks.
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Gallagher Issues Statement on AssuredPartners of South Florida Settlement
ROLLING MEADOWS, Ill., April 7, 2026 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) ("Gallagher") today issued the following statement subsequent to a recent civil settlement between AssuredPartners of South Florida ("APSF"), AssuredPartners, Inc., and the U.S. Department of…
Gallagher Issues Statement on AssuredPartners of South Florida Settlement (2026-04-07)
ROLLING MEADOWS, Ill., April 7, 2026/ PRNewswire/-- Arthur J. Gallagher& Co. today issued the following statement subsequent to a recent civil settlement between AssuredPartners of South Florida, AssuredPartners, Inc., and the U.S. Department of Justice:. The settlement is in relation to actions that occurred at an agency which was owned by APSF, from February 2021...
·United States
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Total News Sources27
Leaning Left0Leaning Right2Center13Last UpdatedBias Distribution87% Center
Bias Distribution
- 87% of the sources are Center
87% Center
C 87%
13%
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