Pennsylvania High Court Rejects Damages Cap in Insurance Agency Poaching Case

Published on July 26, 2023
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
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Pa. Supreme Ct. Upholds Punitive Damage Award Against Insurance Agency for Poaching from Competitor

July 26, 2023
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 total amount of compensatory …

Viewpoint: What Can Insurers Do About Extensive Attorney Involvement and High Settlement Costs?

July 26, 2023
Attorney involvement is one of the most critical determinants of ultimate claim costs. Significant costs include time from correspondence iterations, depositions, defense attorney costs, etc. These are present in determining whether the plaintiff’s attorney can negotiate a higher-than-usual settlement. Before …