Fifth Circuit Revives Antitrust Suit Against Monopolistic Broker of Veterinary Insurance

September 23, 2015 in Case Summaries

In a 2-1 opinion, the Fifth Circuit reversed the summary judgment dismissal of an antitrust suit brought by Levinger PC client Sanger Insurance Agency against HUB International, an insurance broker that sells professional liability and other types of insurance products to veterinarians across the country. Although the Court held that HUB’s anti-competitive conduct was exempt from federal antitrust scrutiny under the McCarran-Ferguson Act, it revived Sanger’s claims under the Texas Free Enterprise and Antitrust Act and various common law theories and remanded them for trial. Over the dissent of Judge Edith Jones, Judges Gregg Costa and Jerry Smith held that Sanger had established that it was sufficiently prepared to enter the market for selling veterinary insurance, and thus reversed the district court’s determination that Sanger lacked standing to challenge HUB’s conduct. Sanger Insurance Co. v. HUB Int’l, Ltd., 802 F.3d 732 (5th Cir. 2015)

Courts: Federal Courts of Appeals
Subject Matter: Business Litigation

By | September 23rd, 2015|Comments Off on Fifth Circuit Revives Antitrust Suit Against Monopolistic Broker of Veterinary Insurance