Gallagher Drops Incentive Fees, GetsSubpoena

Arthur J. Gallagher announced last week that it will end thepractice of taking contingency commissions as a retail broker bythe beginning of next year and that it has received a subpoena fromConnecticuts attorney general concerning possible antitrustviolations.

The Itasca, Ill.-based insurance broker said Connecticut seeksinformation concerning possible violations of the states antitrustlaws in connection with the solicitation of bids for insurance.

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