Arthur J. Gallagher& Co. has acquired Little Rock, Ark.-based Hagan Newkirk FinancialServices, a retail insurance broker.

Terms of the deal were not disclosed in a May 2 news release.

John Neumaier, head of Arthur J. Gallagher's South Central employeebenefit consulting and brokerage operations, will supervise Merlin Hagan, ChrisNewkirk and their associates, who will continue to operate from their current location.