January 22, 2025
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The temporary deal would remain in effect through a trial on the merits. -
The parties will likely consider settlement talk formats after discovery.
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The reinsurance broker will be known as Marsh Re starting in 2027 as part of a broader company shift.
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Southern is said to have diverted 36 clients with $4mn in annual revenues from Marsh.
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Patent and copyright infringement were the top AI-related legal claims.
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The July purchase has not been contested in bankruptcy filings.
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Mike Parrish and Howden US argue Marsh’s non-competes aren’t valid.
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The lawsuit is the latest in a string of cases against Howden by rival brokers.
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The $100mn ABC tower led by Berkshire Hathaway Specialty remains under an automatic stay.
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The bill would also mandate guaranteed replacement cost coverage.
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Court filings confirm previous reporting from this publication.
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The former AIG exec was set to face trial in March.
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The state is drought-ridden, hail threatened and potentially making major changes this year as a result.
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The move comes after a 200+ person mass team lift from Brown & Brown’s retail business in the US.
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Drummond had asked the state’s insurance commissioner to help him combat rising rates.
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Defendants can service clients who signed BOR letters as of December 29.
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Jim Hays outlined $90mn in stock losses as Howden called Brown & Brown’s narrative “false and inflammatory”.
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Former Aon employees are barred from using Aon’s confidential information.
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The broker is seeking an injunction, arguing it lost customers to Howden over the weekend.
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The federal judge said South has direct knowledge about a previous raid involving Aon.
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The National Council of Insurance Legislators said insurance oversight should be left to states.
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Louisiana Insurance Commissioner Tim Temple outlined key priorities for 2026 in an interview with Insurance Insider US.
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The parties now have 60 days to file a stipulation to dismiss the action.
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The commissioner said more work needs to be done, but big companies are interested in coming back.
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