Arthur J. Gallagher & Co. Acquires Fontenelle & Goodreau Insurance, LLC
Arthur J. Gallagher & Co. Acquires Fontenelle & Goodreau Insurance, LLC
PR Newswire
ROLLING MEADOWS, Ill., April 18, 2024
ROLLING MEADOWS, Ill., April 18, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Metairie, Louisiana-based Fontenelle & Goodreau Insurance, LLC. Terms of the transaction were not disclosed.
Fontenelle & Goodreau Insurance offers commercial property/casualty coverages specializing in large apartment accounts in the Louisiana market with capabilities nationwide. Charlie Fontenelle and his team will remain in their current location under the direction of Bumpy Triche, head of Gallagher's Southeast retail property/casualty brokerage operations.
"Fontenelle & Goodreau Insurance is a highly regarded agency whose products will enhance our capabilities, particularly within commercial real estate," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am delighted to welcome Charlie and his associates 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 and consultants.
Investors: Ray Iardella, VP - Investor Relations | Media: Paul Day, Communications Manager |
630-285-3661/ ray_iardella@ajg.com | 630-285-5946/ paul_day1@ajg.com |
View original content to download multimedia:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-fontenelle--goodreau-insurance-llc-302120007.html
SOURCE Arthur J. Gallagher & Co.
-
What’s the Difference Between the CPI and PCE Indexes?
-
Powell Unfazed By Sticky Inflation, but Rate Cuts Are Far Off
-
After Earnings, Is Microsoft Stock a Buy, a Sell, or Fairly Valued?
-
Best- and Worst-Performing Stocks of April 2024
-
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
-
Small-Cap and Value Stocks Are Undervalued
-
Why We Expect the Job Market’s Slowdown to Renew in 2024
-
5 Undervalued Stocks to Buy to Play a Little Defense
-
10 Top-Performing Dividend Stocks of the Month
-
Marathon Petroleum Earnings: No Change to Competitive Position, but Shares Look Expensive
-
Charlie Munger and How Not to Invest
-
Look Inside Berkshire Hathaway’s Portfolio Before Its Annual Meeting
-
After Earnings, Is AT&T Stock a Buy, a Sell, or Fairly Valued?
-
Mastercard Earnings: A Stable Environment Highlights the Firm’s Strengths
-
Pfizer Earnings: Solid Results Supported by Steady Tracking Toward $4 Billion In Cost Cuts
-
Starbucks Earnings: Not a Lot to Like About Results as Global Traffic Sputters