Gallagher Drops Incentive Fees, Gets Subpoena

By Mark E. Ruquet

NU Online News Service, Oct. 27, 1:55 p.m. EDT?Arthur J. Gallagher said today it will end the practice of taking contingency commissions as a retail broker by the beginning of next year and it has received a subpoena from Connecticut's attorney general concerning possible antitrust violations.[@@]

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.