Arthur J. Gallagher acquires Adjusting Associates.

Arthur J. Gallagher, a global insurance brokerage, risk management, and consulting services firm acquires Wales-based insurance brokers Adjusting Associates. Financial terms were not disclosed. "Adjusting Associates is a highly respected business that expands Gallagher Bassett's UK client offerings and provides strong cross-selling opportunities," said J. Patrick Gallagher, Jr., Chairman, President and CEO of Gallagher. "I am excited to welcome Stephen, Andrew and their associates to our growing global team."