Arthur J. Gallagher & Co., a leading global insurance brokerage and risk management firm, has announced its latest acquisition: American Matar International, Inc., doing business as Statewide Commercial Insurance Brokers, based in Altadena, California. While the financial details remain confidential, this strategic move is seen as part of Gallagher’s broader plan to fortify its foothold […]
Arthur J. Gallagher & Co. has solidified its position in the insurance and financial services markets by announcing three strategic acquisitions: New York-based Filos Agency, Australia’s Via Financial Group, and the UK’s Redington Ltd. These acquisitions reflect Gallagher’s aggressive growth strategy to broaden its portfolio across diverse geographies, from property/casualty insurance in the U.S. to […]
A powerful earthquake rattled Southern California on Thursday morning, leaving residents of Malibu and the greater Los Angeles area shaken but unharmed. The earthquake, initially reported as a magnitude 5.1, was later downgraded to 4.7 by the United States Geological Survey (USGS). The tremor struck just before 7:30 a.m. local time, with the epicentre located […]
DP World, the prominent figure in global supply chain solutions, has acquired Long Beach, California-based logistics specialist, CFR Rinkens. This acquisition not only cements DP World’s footprint in the automotive sector but also accentuates its commitment to sustainable energy and electric vehicle transition. Broadening Horizons in Automotive Logistics With DP World already handling 10% of […]