Hilb Rogal & Hobbs reaches $30 million regulatory settlement

Folllowing an investigation conducted by the Connecticut State Attorney General's office, HRH also agreed to improve its compliance and disclosure methods. The company was found to have steered clients to favored insurance brokers, who then illegally boosted commissions. "I firmly believe that this agreement serves the best long-term interests of our associates, clients and shareholders," said HRH Chairman and CEO, Martin Vaughan, III.

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