Arthur J. Gallagher Buys Florida’s Bushong Agency

Illinois-based global insurance broker Arthur J. Gallagher & Co. has acquired Bushong Insurance Associates Inc. in Ponte Vedra Beach, Florida. Terms of the transaction were not disclosed.

Founded in 2000, Bushong is a retail insurance broker providing commercial property/casualty and risk management insurance primarily in Northeastern Florida. The brokerage specializes in residential condominium and homeowner associations as well as apartment communities, rental pools, resorts and management companies.

Bushong’s employees will continue to operate in Ponte Vedra Beach under the direction of Mitchel Brashier, Southeastern regional manager of Gallagher’s retail property/casualty brokerage operation.

Arthur J. Gallagher & Co. has operations in 16 countries and does business in more than 110 countries.