Poaching News

Mountain West Conference Seeks Mediation Over $55M in Dispute in Poaching Suit

The Mountain West Conference said it is seeking mediation in the lawsuit the Pac-12 filed against it in an attempt to avoid paying $55 million in “poaching” fees for bringing five Mountain West teams into its own league. The Pac-12 …

Alliant Employees Blocked From Soliciting Former MMA Clients

A federal judge in Manhattan overseeing an insurance brokerage poaching case has blocked three Alliant Insurance Services employees from soliciting or contacting any current Marsh & McLennan Agency (MMA) clients or using a spreadsheet of MMA clients that MMA alleges …

Meta Sues Former Employee Over Alleged Stolen Documents

Meta Platforms Inc. sued one of its former vice presidents for what it called a “stunning” betrayal in his defection to a “stealth” AI cloud computing startup. Dipinder Singh Khurana, also known as T.S. Khurana, had worked at Meta for …

Pennsylvania High Court Rejects Damages Cap in Insurance Agency Poaching Case

A jury’s $2.8 million punitive damage award against an insurance agency and broker that tried to poach a competitor’s staff and book of business was not excessive even though it was more than 10 times the amount of compensatory damages, …

AmTrust Title Agrees to Pay $1.25M to New York State Over ‘No-Poach’ Agreements

A title insurer and its agency have agreed to pay $1.25 million in penalties for engaging in “no-poach” agreements with their competitors in likely violation of New York State labor laws. According to New York Attorney General Letitia James, as …

A.J. Gallagher Alleges Alliant’s Poaching ‘Playbook’ Has Cost It Employees, Clients

California-based insurance broker Alliant is again being sued over an alleged poaching scam, this time by rival Arthur J. Gallagher & Co. Gallagher claims Alliant, with assistance and capital from its private equity partner Stone Point Capital, has engaged in …

Applied Underwriters’ Centauri Files $30M ‘Poaching’ Suit Against Wellington Insurance

A Florida-based managing general agency has filed a $30 million poaching lawsuit against three former executives and the agency they jumped to while it was in the process of being acquired. Centauri Specialty Insurance Holdings (CSIH) and Centauri Specialty Managers …

Alliant Handed Victory over Aon in 1 of 3 ‘Poaching’ Suits

A jury in Fresno, Calif. has ruled against Aon Corp. in yet another poaching lawsuit that involves the U.K. brokerage and rival Alliant Insurance Services. The jury rejected every claim by Aon levied against Newport Beach, Calif.-based Alliant and 10 …