Global insurance brokerage, risk management and consulting services firm Arthur J. Gallagher & Co. (AJG) announced the acquisition of Corona, California-based Ace Commercial Insurance Center. Ace Commercial Insurance Center is a specialist insurance broker serving the trucking industry primarily in Southern California. The terms of the deal were not disclosed.
The company said Jackie Hoang, Anhdy Nguyen and their team will remain in their current location under the direction of Scott Firestone, head of Gallagher's Southwest region retail property/casualty brokerage operations.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.