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Hub sues former broker for allegedly violating nonsolicitation agreement

currencycoach by currencycoach
May 4, 2024
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Hub sues former broker for allegedly violating nonsolicitation agreement
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A Hub International Ltd. unit said in a lawsuit filed Wednesday that a former broker who opened her own brokerage after her December 2023 resignation is soliciting its clients.

Hub said in the suit, filed in federal court in Omaha, Nebraska, that Hannah Sass, who had worked for Hub International Mountain States Ltd., allegedly violated a nonsolicitation agreement by pursuing and securing business with former clients.

Ms. Sass was working for Wells Fargo Insurance Inc., primarily selling crop insurance to farmers, when Hub acquired the company in December 2017. As part of her employment with Hub, she signed a nonsolicitation agreement that prohibited her from doing business with Hub’s clients for two years upon leaving the company.

After Ms. Sass resigned, Hub sent her a letter in January reminding her of her nonsoliciation obligations. Shortly thereafter, she launched R Bar S Insurance LLC, her own brokerage.

Hub sued after learning that Ms. Sass was allegedly soliciting its clients to purchase competitive products and that it lost numerous accounts to RBS.

“Hub takes its contractual obligations very seriously and expects its employees to do the same. Hub expects to prevail on the merits of its claims and recover the damages caused by Ms. Sass’ conduct,” a Hub company spokesperson said.

A representative for Ms. Sass could not be reached for comment.

 



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