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Insurance company claims employees violated noncompete agreements

On Behalf of | Jan 3, 2019 | Trade Secret And Non-Compete Disputes |

Many businesses in Florida and elsewhere are constantly attempting to come up with ways to keep an edge over competitors. While in many cases, this may involve little more than developing new operational strategies, sometimes a business may contest that a rival’s actions were unlawful and have given it an unfair advantage. An insurance business in another state recently filed a lawsuit after claiming several former employees violated their noncompete agreements by accepting a job with a competitor.

According to reports, Northwest Insurance Services filed the lawsuit against First National Insurance Agency. In the lawsuit, Northwest accused the rival company of enticing employees to leave Northwest and accept a new position. The company claims that at least four employees violated their noncompete agreements by making the move and assert that they took numerous clients with them in the process.

The company asserts that the actions of First National Bank were deliberate and were made with the intent of harming Northwest’s business interests. During litigation, a jury reportedly ruled in favor of Northwest and awarded the company a judgment of just over $3 million. However, First National Bank reportedly denies any wrongdoing and plans to appeal the decision.

Claims of breach of contract and violations of noncompete agreements can be highly complex matters. Those who encounter similar disputes may wish to take steps to prepare for what comes next, but they might be uncertain where to turn for guidance. Fortunately, there are attorneys in Florida who can provide a client with advice on what to expect from the process and assist him or her in pursuing the best outcome possible through the necessary channels.