Gallagher acquires Interstate Insurance Underwriters
The acquisition gives Gallagher’s Risk Placement Services a presence in the northern area of the state
Gallagher acquires Interstate Insurance Underwriters
INSURANCE NEWS
By Ryan Smith
21 Jan 2019

Arthur J. Gallagher has announced the acquisition of Shreveport, La.-based Interstate Insurance Underwriters. Terms of the transaction were not disclosed.

Interstate Insurance Underwriters is a managing general agency that offers a variety of property-casualty coverages through agents and brokers across Louisiana, with a focus on general liability, property, garage and inland marine risks. Lawrence, Taylor and Logan Calhoun and their employees will remain in their current location and operate as a satellite of Risk Placement Services’ Covington, La., office. They will report to Joel Stinson, head of RPS’s Lawrence, Taylor and Logan Calhoun South Central region.

“Interstate Insurance Underwriters is a well-run MGA offering a broad range of coverages that will give Risk Placement Services a presence in northern Louisiana,” said J. Patrick Gallagher Jr., chairman, president and CEO of Gallagher. “We are excited to welcome Lawrence, Taylor, Logan and their team to RPS.”

 

Related Stories
Free newsletter

We'll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Free newsletter

Our daily newsletter is FREE and keeps you up - to - date with the world of Insurance. Please complete the form below and click on subscribe for daily newsletters from IB US.