“Who watches the Watchmen” is a catch phrase in the popular comic book, movie and TV series “The Watchmen.” But superheroes and their stories aside, the question is a good one. When people or companies are put into positions of power without oversight, what is to prevent them from taking advantage of the situation? That question is at the heart of a lawsuit between the School Board of Osceola County, Florida (SBOC) and Gallagher Benefit Services, one of largest and most recognizable health benefits brokers in the country.

In November 2021, SBOC filed a lawsuit alleging that Gallagher had breached their contract, ignored the negotiated annual fee cap of $195,650, and secretly collected additional commissions totaling nearly $4 million over four years. Furthermore, SBOC alleges that Gallagher intentionally committed fraud and breached their fiduciary duty for a very simple reason: greed.

That last paragraph got a little technical, so let’s break it down, to understand why every employer and every broker in the country should be paying attention to this case.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.