Arthur J. Gallagher Says DOJ Settlement Tied To APSF, No Impact On AssuredPartners Deal
Arthur J. Gallagher stated the DOJ settlement involving APSF, which it did not acquire, won't impact its AssuredPartners deal.Summary
Arthur J. Gallagher & Co. released a statement clarifying its position regarding a recent Department of Justice (DOJ) settlement with AssuredPartners of South Florida (APSF) and AssuredPartners, Inc. The DOJ’s settlement concerns actions occurring at an APSF-owned agency between February 2021 and September 2022, before Gallagher’s acquisition of AssuredPartners in August 2025. Gallagher highlighted that it discovered the government’s investigation during its due diligence prior to the acquisition and that APSF was not included in the purchase. The company further stated that the potential settlement was factored into the purchase agreement, with funds already reserved to cover the settlement amount, ensuring no impact to the final purchase price. Despite a slight dip in regular trading, closing at $217.57, Gallagher’s stock saw gains in after-hours trading, rising by $7.43 or 3.41%.
(Source：Finanzen)