Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. said it has acquired Mid America Group Inc., based in Philadelphia. Terms of the transaction were not disclosed.
Established in 1970 as an employee and executive benefit consulting firm, Mid America Group provides employee benefit consultation and brokerage services, including life insurance, group benefits and financial planning services.
Alvin and Gary Block, the principals, and their associates, approximately 35 employees total, will continue to operate in their current location under the direction of David Ziegler, Eastern regional executive vice president of Gallagher Benefit Services Inc., a subsidiary of Gallagher.
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