Arthur J. Gallagher acquires CBS Insurance

Arthur J. Gallagher acquired Abilene, Texas-based CBS Insurance. Terms of the transaction were not disclosed. Founded in 1992, CBS Insurance is a retail insurance agency providing property/casualty and health/benefits coverages to clients throughout Texas and the surrounding region. Peter Lauve, Steve Senter and their partners and associates will remain in their current location under the direction of Bret VanderVoort, head of Gallagher’s South Central retail property/casualty brokerage operations.