William Gallagher Associates Settles Mass. Premium Suit
The Boston-based company, which is not affiliated with Itasca, Ill.-based Arthur J. Gallagher, agreed to return more than $3 million to 11 clients and pay $925,000 in sanctions and attorneys fees to t
By Mark E. Ruquet | Updated on December 26, 2007
William Gallagher Associates (WGA) has settled a suit with the Massachusetts attorney general over a scheme to mask brokerage fee charges as premium payments.
The Boston-based company, which is not affiliated with Itasca, Ill.-based Arthur J. Gallagher, agreed to return more than $3 million to 11 clients and pay $925,000 in sanctions and attorneys fees to the state.