Arthur J. Gallagher Acquires Professional Claims Managers

Arthur J. Gallagher & Co. has acquired Professional Claims Managers Inc. in Dallas, Texas. Terms of the transaction were not disclosed.

Formed in 1986, Professional Claims Managers (PCM) is a full service third party administrator that provides comprehensive claims and litigation management services to their domestic and foreign clients involved in the business of underwriting and managing loss. The firm specializes in complex programs such as healthcare liability, private detention liability, architects and engineers’ errors and omissions, construction liability, law enforcement and public officials liability and miscellaneous professional liability.

J. Brian Hobbs and his associates will continue to operate in their Dallas location under the direction of Robert E. Blasio, president of Western Litigation Inc., a division of Arthur J. Gallagher & Co.’s retail property/casualty brokerage operation.

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm, is headquartered in Itasca, Ill.