Gallagher says DOJ settlement tied to AssuredPartners unit excluded from its acquisition

Reuters04-08 06:44

Gallagher says DOJ settlement tied to AssuredPartners unit excluded from its acquisition

Gallagher issued clarification on U.S. DOJ settlement with AssuredPartners of South Florida (APSF) and AssuredPartners tied to conduct from February 2021 to September 2022.
Statement said period predates Gallagher acquisition of AssuredPartners in August 2025.
Gallagher said it identified investigation during pre-acquisition diligence.
Clarification said APSF was excluded from transaction; Gallagher said it has never owned APSF.
Gallagher said settlement was fully reserved under purchase agreement; settlement does not affect purchase price paid for AssuredPartners.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arthur J.Gallagher & Co. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202604071844PR_NEWS_USPR_____CG16480) on April 07, 2026, and is solely responsible for the information contained therein.

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