Customers affected by the data breach at Arthur J. Gallagher & Co. may receive compensation of up to $6,000. This compensation is part of a $21 million settlement to resolve a class-action lawsuit related to a security breach that occurred between June 3 and September 26, 2020. The breach compromised sensitive personal information, including Social Security numbers and banking data.
This settlement has been reached in the class-action lawsuit against the insurance brokerage firm Arthur J. Gallagher & Co., which compromised the personal information of employees and clients.
Who Is Eligible?
To qualify for this compensation, those affected must have received a letter from Arthur J. Gallagher & Co. or Gallagher Bassett Services Inc. informing them that their information may have been compromised. Those who have suffered losses due to identity theft or fraud may claim up to $6,000, provided they submit proper documentation such as receipts or police reports.
Additional Options
Even if no direct losses have been experienced, all class members are entitled to three years of financial account monitoring. Alternatively, they may choose to receive a proportional share of the settlement fund. Additionally, California residents who participate in this lawsuit may receive an extra payment of $100.
Key Deadlines
It is crucial to submit your claim before February 10, 2025 to avoid missing the opportunity to receive compensation. The final hearing in the case is scheduled for February 27, 2025.
To qualify, you must have received direct communication from the company informing you that your information may have been compromised. Additionally, you must demonstrate that you suffered financial losses resulting from the breach, such as fraud or identity theft. If you have not experienced direct financial losses, you may still access three years of financial account monitoring.
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