USIS Accuses Argonaut Of Trade Secrets Theft

Law360, New York (September 29, 2009, 5:26 PM EDT) -- United States Insurance Services Inc. has accused business partner Argonaut Insurance Co. of stealing trade secrets related to a workers' compensation program the companies contracted to work on together and using the information to launch a rival program.

In a complaint filed Monday in the U.S. District Court for the District of Maryland, USIS maintains that details of its proprietary Other States Program have been misappropriated by Argonaut, causing USIS to suffer more than $1 million in damage.

The complaint contends that Argonaut has used the...
To view the full article, register now.