Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Don’t invite the leaders of the Western Insurance Agents Association to the same dinner party as J. Patrick Gallagher Jr., the chairman, president and CEO of Arthur J. Gallagher. Last week, the WIAA issued its latest salvo over the loss of contingency fees, thanks to misbehavior by the big brokerages, slamming Mr. Gallagher in response to the Jan. 31 article on our NU Online Daily News Service, in which he indicated his firm is getting along just fine without contingent commissions. The WIAA said that Main Street producers must be “wondering if the lunatics have taken over the asylum” after hearing what they described as Mr. Gallagher’s “self-serving comments.”

In our story, we quoted Mr. Gallagher as stating that the decision by St. Paul Travelers and Chubb to abandon contingent compensation was very good news.

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.

Already have an account?


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.