Finance

$5,000 Payout from Arthur J. Gallagher Settlement – Claim Before It’s Too Late!

Were you affected by the Arthur J. Gallagher & Co. data breach? You could receive up to $5,000 in compensation. Find out how to file a claim before the February 10, 2025 deadline and protect yourself from future data breaches. Read the full guide now!

By Anthony Lane
Published on

$5,000 Payout from Arthur J. Gallagher Settlement: In today’s digital world, data breaches pose a serious threat to personal and financial security. One such breach affected Arthur J. Gallagher & Co., a global insurance and risk management firm. If you were impacted by this breach, you may be entitled to a settlement payout of up to $5,000. This guide covers who qualifies for the settlement, how to file a claim, and how to protect yourself from future breaches. With the February 10, 2025 deadline approaching, it’s crucial to act quickly to claim your compensation.

$5,000 Payout from Arthur J. Gallagher Settlement

The Arthur J. Gallagher data breach settlement provides compensation of up to $5,000 for affected individuals. If you received a breach notification or suffered financial losses, submit your claim before February 10, 2025 to secure your payout. Protect yourself from future breaches by monitoring your accounts and strengthening security measures.

$5,000 Payout from Arthur J. Gallagher Settlement
$5,000 Payout from Arthur J. Gallagher Settlement
TopicDetails
Settlement AmountUp to $5,000 for documented losses
Total Settlement Fund$21 million
Eligibility PeriodData breach occurred between June 3 and September 26, 2020
Claim Submission DeadlineFebruary 10, 2025
Final Approval HearingFebruary 27, 2025
Official Settlement WebsiteArthur J. Gallagher Data Breach Settlement

Background: What Happened in the Arthur J. Gallagher Data Breach?

Between June 3 and September 26, 2020, Arthur J. Gallagher & Co. suffered a data breach that exposed sensitive personal information, including:

  • Social Security numbers
  • Driver’s license numbers
  • Financial account details
  • Medical and health insurance information

Following the breach, a class-action lawsuit was filed, alleging that the company failed to adequately protect personal data. While Arthur J. Gallagher & Co. denied wrongdoing, they agreed to a $21 million settlement to resolve the claims.

For official details, visit the Settlement Website.

Who is Eligible for the Settlement?

To qualify for compensation, you must meet one or more of the following criteria:

  1. You received a notification letter from Arthur J. Gallagher & Co. stating that your data was compromised in the breach.
  2. You incurred financial losses due to identity theft, fraudulent charges, or expenses related to fraud protection.
  3. You are a California resident (eligible for an additional $100 payment under California privacy laws).

How Much Can You Claim?

Eligible individuals can receive:

  • Up to $5,000 for documented financial losses (must provide supporting documents).
  • Three years of free financial account monitoring if you have no documented losses.
  • A pro-rata share of remaining funds if money is left after all claims are paid.

How to File a Claim for the $5,000 Payout from Arthur J. Gallagher Settlement?

To ensure you receive compensation, follow these three simple steps:

Step 1: Gather Documentation

If you suffered financial losses, collect:

  • Bank or credit card statements showing unauthorized transactions.
  • Invoices or receipts for credit monitoring or identity theft services.
  • Correspondence related to fraud disputes or financial recovery efforts.

Step 2: Submit Your Claim

You can file your claim in two ways:

  • Online: Visit the Settlement Website and submit the claim form electronically.
  • By Mail: Download and complete the claim form, then mail it to: In re Arthur J. Gallagher Data Breach Litigation c/o Kroll Settlement Administration LLC PO Box 225391 New York, NY 10150-5391

Step 3: File Before the Deadline

Your claim must be submitted online or postmarked by February 10, 2025.

Important Dates

EventDate
Claim Submission DeadlineFebruary 10, 2025
Final Approval HearingFebruary 27, 2025
Settlement Payouts BeginSpring 2025 (pending court approval)

Protecting Yourself from Future Data Breaches

To safeguard your information from future breaches:

  1. Monitor Your Accounts – Regularly check bank and credit card statements for suspicious activity.
  2. Freeze Your Credit – Consider a credit freeze with major bureaus (Experian, TransUnion, Equifax) to prevent unauthorized accounts.
  3. Use Strong Passwords – Avoid using the same password across multiple sites. Use password managers for added security.
  4. Enable Two-Factor Authentication (2FA) – Adds an extra layer of security for online accounts.

For extra protection, consider identity theft monitoring services like LifeLock or Experian IdentityWorks.

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Frequently Asked Questions (FAQs)

1. What if I don’t have documented losses?

You can still receive three years of financial monitoring services or a pro-rata cash payment from the remaining settlement funds.

2. How will I receive my compensation?

Payments can be made via:

  • Direct deposit
  • PayPal, Venmo, or Zelle
  • E-Mastercard
  • Paper check

3. What happens if I miss the claim deadline?

If you fail to submit your claim by February 10, 2025, you will forfeit your eligibility for settlement benefits.

4. Is filing a claim free?

Yes, submitting a claim is completely free. Avoid third-party services that charge fees for assistance.

5. Where can I get more information?

For official settlement details, visit ajgdatasettlement.com or call the settlement administrator at (833) 739-0738.

Author
Anthony Lane
I’m a finance news writer for UPExcisePortal.in, passionate about simplifying complex economic trends, market updates, and investment strategies for readers. My goal is to provide clear and actionable insights that help you stay informed and make smarter financial decisions. Thank you for reading, and I hope you find my articles valuable!

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