The 2020 data breach at Arthur J. Gallagher & Co., one of the world’s largest insurance brokers, exposed the sensitive personal information of thousands of employees and customers. Now, the company has agreed to a $21 million settlement, meaning some affected individuals could receive up to $6,000 in compensation. If your data was compromised, here’s what you need to know to claim your share.
What Happened in the Arthur J. Gallagher Data Breach?
Between June 3 and September 26, 2020, hackers gained access to highly sensitive personal information, including:
- Social Security numbers
- Driver’s license details
- Financial information
- Medical data
- Other private records
This breach put thousands of people at risk of identity theft and fraud. Although Arthur J. Gallagher & Co. has not admitted wrongdoing, it has agreed to settle the lawsuit with a $21 million payout to affected individuals.
Who Is Eligible to Receive Compensation?
If you received a letter from Arthur J. Gallagher & Co. or Gallagher Bassett Services Inc., informing you that your data was compromised in the breach, you may be eligible for compensation.
There are two levels of payouts:
- Up to $6,000: If you experienced identity theft, fraud, or financial losses due to the breach, you can claim this amount—but you must provide proof of damages.
- Additional benefits for all affected individuals: Even if you didn’t suffer direct financial loss, you can still get:
- Three years of financial monitoring services to track any suspicious activity.
- A share of the settlement fund if you opt out of the monitoring service.
How to File a Claim
To secure your compensation, you must submit your claim before February 10, 2025. Here’s how:
- Gather proof: If you suffered fraud or financial loss, collect all supporting documents (bank statements, identity theft reports, etc.).
- Submit your claim: Follow the instructions provided in your notification letter.
- Await the final ruling: A court hearing is scheduled for February 27, 2025, where the final list of eligible claimants will be determined.
Check your mail for a notification letter, file your claim before February 10, 2025, and take advantage of this opportunity to recover from the breach.