Arthur J. Gallagher Buying Commercial Brokerage in Mo.

Arthur J. Gallagher & Co. announced Monday that it is acquiring Specialty Risk Inc. of Liberty, Mo.Terms of the transaction were not disclosed.Established in 1994, Specialty Risk is a retail insurance broker providing risk management and commercial property and casualty insurance products and services to clients throughout North America, Gallagher said in a press release. The brokerage specializes in occupational accident insurance, corporate and fleet workers' compensation, physical damage and non-trucking liability insurance forindependent contractors, fleet and company drivers and m...