Preliminary Injunction Motion Partly Granted In Insurer’s Unfair Competition Cases

Mealey's ( March 31, 2022, 7:10 AM EDT) -- NEW YORK — Ruling on motions in related cases that allege misappropriation of confidential information and unfair competition, a New York federal judge on March 24 concluded in a memorandum order that an insurer’s “unauthorized use” of a rival’s financial data and business strategy for limiting large losses helped it secure a “competitively significant reinsurance contract.”...