Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. said it has acquired Wm. W. George & Associates Inc. of Dallas. Financial terms were not released.

Gallagher said the purchased firm is a retail insurance broker providing commercial property-casualty, workers' compensation and risk management services as well as a wide range of employee benefit consulting-administration and brokerage services to clients in the United States.

The acquisition is described as specializing in the construction, real estate, financial institution, legal, not-for-profit and temporary staffing industries with a focus on midsize to large accounts. It was established in 1972.

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