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On June 5, 2025, Arthur J.
& Co. (AJG) saw a significant increase in trading volume, with a turnover of 6.08 billion, marking a 37.87% rise from the previous day. This surge placed at the 145th position in the daily stock market rankings. However, the stock price of AJG has been on a downward trend, falling by 2.45% over the past three days, resulting in a cumulative decline of 5.93%.Arthur J. Gallagher & Co. has recently expanded its footprint in the insurance brokerage sector with the acquisition of Wilkins & Associates Insurance Services, based in Reno, Nevada. This strategic move is aimed at enhancing Gallagher's retail brokerage capabilities in the region. Wilkins & Associates, founded by Tom and Melanie Wilkins, specializes in serving commercial and personal lines clients in Reno and western Nevada. The acquisition will see Steve Wilkins, Jared Wilkins, and their team operating under the direction of Scott Firestone, head of Gallagher's Southwest region retail property/casualty brokerage operations.
J. Patrick Gallagher, Jr., Chairman and CEO of Arthur J. Gallagher & Co., expressed his enthusiasm about the acquisition, stating that Wilkins & Associates is a highly regarded firm with a client-focused culture that will complement Gallagher's existing operations. This acquisition is part of Gallagher's broader strategy to expand its global presence and strengthen its market position in the insurance brokerage industry.
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