Arthur J. Gallagher acquired Serna Insurance Agency.

Arthur J. Gallagher, a US-based global insurance brokerage and risk management services firm, acquired Serna Insurance Agency, offers private client, personal lines and commercial insurance products and services to clients throughout the state of Texas and surrounding states. Financial terms were not disclosed. "Personal lines is an important strategic initiative for Gallagher, and Serna's reputation as a high-quality personal lines agency across Texas is a natural fit with our strategy," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am very pleased to welcome Pete, Martha and their associates to our growing global team."