Alliant Insurance Services has become the latest broker to take legal action against upstart rival Howden US, accusing the newcomer of deploying a brazen 'smash-and-grab' playbook to lure entire teams away from competing firms—an aggressive tactic that’s now igniting a high-stakes courtroom showdown.
State Farm Mutual Automobile Insurance Co. is facing a lawsuit that claims the company misled customers and unfairly profited by selling insurance products from PHL Variable Insurance Co.—a firm regulators say is grappling with a staggering $2.2 billion capital deficit. The alleged shortfall reportedly resulted in policyholders receiving payouts far below what they were originally promised, raising serious questions about transparency, accountability, and who ultimately pays the price.
Alliant Insurance Services has become the latest broker to take legal action against upstart rival Howden US, accusing the newcomer of deploying a brazen 'smash-and-grab' playbook to lure entire teams away from competing firms—an aggressive tactic that’s now igniting a high-stakes courtroom showdown.
