#United States #Rolling Meadows #AssuredPartners #Gallagher #DOJ

Arthur J. Gallagher Addresses Settlement with AssuredPartners

On April 7, 2026, Arthur J. Gallagher & Co. (NYSE: AJG), a leading global insurance brokerage and risk management firm, made an important announcement concerning a civil settlement involving AssuredPartners of South Florida (APSF). This statement comes in the wake of a settlement reached between the U.S. Department of Justice (DOJ), APSF, and AssuredPartners, Inc. The backdrop to this settlement relates to incidents that occurred at APSF between February 2021 and September 2022, which precedes Gallagher's acquisition of AssuredPartners in August 2025.

Gallagher clarified that while this situation involves APSF, it did not acquire this entity in its dealings with AssuredPartners. It was during the pre-acquisition diligence process that Gallagher became aware of the ongoing investigation by the DOJ. Notably, APSF was excluded from Gallagher's acquisition, and the firm has never held ownership over this part of the business. As specified in the statement, the DOJ’s investigation and the subsequent settlement were accounted for in Gallagher's purchase agreement. This foresighted measure ensured that the settlement amount was fully reserved, meaning it would not impact the overall purchase price Gallagher agreed to pay for AssuredPartners.

Gallagher’s proactive communication on this matter underscores its commitment to transparency and responsible corporate governance. The firm has reassured stakeholders and clients that its operations and strategic direction remain unaffected by this settlement, as AssuredPartners continues to operate independently of any liabilities associated with APSF. Gallagher remains focused on providing excellent risk management and consulting services across its global network, which spans approximately 130 countries.

Based in Rolling Meadows, Illinois, Gallagher is recognized for its extensive range of services in insurance brokerage and risk management. By fulfilling its obligations through transparent practices, the firm demonstrates its commitment to ethical business practices in the complex world of insurance and financial services.

For any additional information or inquiries, Gallagher's Investor Relations contact, Sara Walsh, is available at (630) 285-3593. Meanwhile, media-related inquiries can be directed to Kelli Murray at (630) 277-0347.

In conclusion, Gallagher's clear stance regarding the AssuredPartners settlement reinforces its operational integrity and dedication to maintaining trust with clients, investors, and regulatory bodies. This approach not only highlights the company’s strategic foresight during due diligence but also cements Gallagher's role as a responsible leader in the insurance brokerage field.