William Gallagher Associates (WGA) has settled a suit with theMassachusetts attorney general over a scheme to mask brokerage feecharges as premium payments.

The Boston-based company, which is not affiliated with Itasca,Ill.-based Arthur J. Gallagher, agreed to return more than $3million to 11 clients and pay $925,000 in sanctions and attorneysfees to the state.

The brokerage firm also agreed to a binding audit of its Energyand Environmental Practice group, where the overcharges allegedlyoriginated.

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