A LONG-SIMMERING dispute among Ryan Specialty, CRC InsuranceServices and Crump Group over the poaching of employees has come toend with a settlement.
|In a terse statement, all three parties say they have resolved“existing disputes between them in a global, confidentialsettlement agreement.” A pending lawsuit will be dismissed, thestatements say.
|In February, Crump said it reached an agreement to not proceed with—or at least delay—asuit against Ryan over one former employee's violation of anon-compete agreement.
|CRC had its own claims against Ryan, concerning 120 employees wholeft to join the competitor.
|Winston-Salem, N.C.-based bank BB&T Corp., CRC's parentcompany, acquiredCrump in February.
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