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Violation Tracker Individual Record

Company: William Gallagher Associates Insurance Brokers, Inc.
Penalty: $3,942,003
Year: 2007
Date: December 20, 2007
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Secondary Offense: kickbacks and bribery
Violation Description: WGA agreed to pay $3,017,003 in restitution and at least $925,000 in fees and costs in settlement of allegations it misled customers about the brokerage firm's contingent commission practices or its involvement in reinsurance, and did not disclose additional fees.
Level of Government: state
Action Type: agency action
Agency: Massachusetts Attorney General
Civil or Criminal Case: civil
Facility State: Massachusetts
Facility City: Boston
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.