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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