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Company: Arthur J. Gallagher & Co.
Current Parent Company:
Arthur J. Gallagher & Co.
Parent at the Time of the Penalty Announcement:
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Penalty: $28,000,000
Year: 2007
Date: September 4, 2007
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal:
Price Fixing
Violation Description: Gallagher agreed to pay $28 million to settle its role in litigation alleging price-fixing of commercial insurance.
Level of Government: federal
Action Type: private litigation
Court: District of New Jersey
Civil or Criminal Case: civil
Case ID: 2:04cv5184 MDL 1663
Case Name: QLM Associates, Inc. v. Marsh & McLennan Companies, Inc. et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data:
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
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