Arthur J. Gallagher & Co. Acquires Litchfield Special Risks

Arthur J. Gallagher & Co. has acquired Litchfield Special Risks, Inc. (LSR), a Texas-based wholesale insurance broker and MGA specializing in transportation and property/casualty solutions. LSR will become part of Gallagher’s Risk Placement Services division, with Bill Brenton and his team continuing under current leadership.

The acquisition strengthens Gallagher’s wholesale capabilities in Texas and the Southwest. Terms of the deal were not disclosed.