Arthur J. Gallagher & Co. has successfully acquired Hartley Cylke Pacific Insurance Services, Inc., a renowned retail insurance broker based in San Diego, California. The acquisition marks a significant development in Gallagher's expansion strategy.

The offshore wind industry is on the brink of exponential growth, but both developers and insurers must navigate a complex web of challenges to ensure its successful expansion on a global scale, cautions Allianz in a recent report.