Arthur J. Gallagher, an American global insurance brokerage and risk management services firm, completed the acquisition of Cadence Insurance, an insurance company, from Cadence Bank, a financial services provider, for $904m. "The completion of this transaction is a testament to the significant value of the insurance business. Over the past 24 years, we have enjoyed a strong partnership with Cadence Insurance, and we applaud their leadership and the entire team for their many contributions and commitment to serving their clients and communities," Dan Rollins, Cadence Chairman & CEO.